Valuation by simulation of cash flow

Jeffery, G.

Valuation by simulation of cash flow - 1990 - Land & Minerals Surveying 8(2) February 1990, 70-77(8) .

Paper based on research carried out at Nottingham Polytechnic. It argues that traditional methods of investment valuation, those based on Years Purchase are insufficiently objective. They only provide a single estimate of an investment`s value which does not show the risk to which the investment is exposed. Simulations using probability models as an alternative method that illustrates the complete range of possible outcomes.


COMPUTER MODELS
INVESTMENT VALUATION
MINERAL VALUATION
MINERALS
MONTE CARLO SIMULATION
PROBABILITY MODELS
SIMULATION