Learn essential Excel techniques to build robust financial models, forecast accurately, and impress stakeholders with your ...

Editor’s note: This article uses a simplified example to illustrate how a lattice model works. In the exhibits, the option term is only four years—much shorter than the 10-year life of a typical ...

Mathematical models are a way to attempt to predict the probable outcome of a complex situation. From climate, stock market and physics models, you can use mathematical formulas to determine a range ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Choosing the right financial tool to evaluate a company can be a daunting ...

The DCF model follows the principle that a firm’s “true” value today is equal to the sum of all its the future free cash flows (FCF) it will make in the future (to infinity). Since the hardest part of ...

AVM stands for automated valuation model, a computer algorithm that uses available data to estimate a home’s value. Different ...