Confidence Bands as an Advanced Monte Carlo Engine by Marc Odo, CFA, CAIA, CFP
Date:
Fri, 2010-09-03
This guide will walk you through the steps and rationale for using Zephyr’s AllocationADVISOR’s “Confidence Bands” function. In short, a Confidence Bands analysis runs a full Monte Carlo analysis for every single portfolio on the efficient frontier and tells the analyst which portfolios have the highest probability of meeting an investor’s goals.