Stock Market Price Prediction Using Monte Carlo Simulation
My attempt to predict the stock market future price using Monte Carlo simulation and the Python programming language.
Disclaimer: The material in this article is purely educational and should not be taken as professional investment advice. Invest at your own discretion. Some external links in this post are affiliated.
In this article, I will show you how I attempted to predict the stock market future price using Monte Carlo simulation and the Python programming language! To do this, I used data from the Vanguard S&P 500 ETF (VOO), which tracks the performance of the S&P 500 index. According to thebalance.com, “the S&P 500 is a stock market index that tracks the stocks of 500 large-cap U.S. companies. It represents the stock market’s performance by reporting the risks and returns of the biggest companies. Investors use it as the benchmark of the overall market, to which all other investments are compared.” But first, let’s talk a little bit about Monte Carlo simulation.
What Is Monte Carlo Simulation?
Monte Carlo simulation is a statistical technique that allows you to account for…
