The Monte Carlo simulation estimates the probability of different outcomes in a process that cannot easily be predicted because of the potential for random variables.

Predicting cryptocurrency prices is challenging because markets are volatile and events like regulatory changes or ETF ...

Here’s how an AI-powered trader earned $2.2 million on Polymarket using data models, automation and probability-based trading ...

Traders in bonds and credit default swaps are bombarded with information on the default probabilities implied by credit spreads using a simple ratio. This ratio predicts that the credit spread will be ...

This paper addresses the building of obligor-level hazard rate corporate probability of default models for stress testing, departing from the predominant practice in wholesale credit modeling of ...

The NBA playoffs are almost here, with the play-in tournament tipping off later tonight. But while the regular season was careening toward a dramatic finish, we were hard at work creating a live ...