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No competent system developer uses mc to "predict stock prices." None. Monte Carlo is a process for estimating variation in randomized simulations of a system's
by getlawgdon 6y ago
No competent system developer uses mc to "predict stock prices." None. Monte Carlo is a process for estimating variation in randomized simulations of a system's parameters. It is just one statistical tool for examining simulated trade distributions. On unsampled data it is useful for assessing distributions of performance characteristics. I don't know of one person using mc to try to predict prices however.