Pete HumphriesCredit Risk and LoansCredit risk is the risk of default on a debt that may arise from a borrower failing to make the required payments. It may be full or…May 26, 2020May 26, 2020
Pete HumphriesMonte Carlo SimulationsMonte Carlo Simulations are a powerful tool in finance. They are great for non-linear payoffs, what if scenarios, and valuations…Feb 20, 2020Feb 20, 2020
Pete HumphriesLatin Hypercube SamplingI came across the term Latin Hypercube Sampling whilst revising for an exam in 2014. It was in the last paragraph of the last section of…Feb 6, 2020Feb 6, 2020