TopAlter.com

SimulAr Alternatives

SimulAr Alternatives

SimulAr

SimulAr is a Monte Carlo simulation software designed to analyze and evaluate business situations and taking decisions under a risk context. Risk analysis is a technique used to help decision-makers to evaluate a problem under uncertainty conditions. In that context, to obtain the closer possible result in comparison to what will happen in the future is indispensable when you are making an economic evaluation. According to this point, it is necessary to appeal to methods that consider and quantify the risk. Nowadays, a great number of managers, business analysts and MBA students, use spreadsheets to develop their models or to evaluate their projects. SimulAr is a program developed as a complement of Microsoft Excel (Add-in) and it is characterized by their simplicity and flexibility allowing the user to handle in a well-known environment.

SimulAr focuses in the method denominated "Monte Carlo Simulation" to make a risk analysis. This method consists on assigning probability distributions to model variables that involve risk and then generating random numbers based on those distributions in order to simulate the behavior the modeled problem will have in the future. By this way, it is possible to obtain more realism and reliable results when making decisions.

Traditionally, risk analyses were made studying static and one-dimension scenarios (for example, a pessimistic scenario, a more likely scenario, and an optimist scenario) predicting only one result when sensitizing the variables. SimulAr allows the user thoroughly complete this study incorporating dynamism to the model obtaining not only extreme values but also all those scenarios that are in between. This allows, for example, estimating the probability that an investment project has a net present value greater than zero.
Montecarlo Simulation in Excel

Decisions under uncertainty conditions

Developed by Luciano Machain - Copyright 2010

Best SimulAr Alternatives for Windows

Are you still using SimulAr? Let's compare it to the best other options below. Maybe one of these SimulAr alternatives will work on your device, too.

Invantive Control for Excel

Invantive Control for Excel

CommercialWindowsMicrosoft Office Excel

Invantive Control enables you to make decisions with Microsoft Excel and yet remain fully compliant with ISO 27002 and SAS 70. The input and outcome of your risk models...

SAFE TOOLBOXES

SAFE TOOLBOXES

CommercialWindows

SAFE TOOLBOXES is an Excel add-in that enhances Excel capabilities to perform simulations, actuarial, financial and econometrics tasks within Microsoft Excel.

@RISK

@RISK

CommercialWindowsMicrosoft Office Excel

@RISK is the world's most widely used risk analysis tool. Avoid risk by using Monte Carlo simulation to show possible outcomes in your Microsoft Excel spreadsheet.

Features:

  • Excel Add-in
  • Investment
  • Simulation
Lumenaut

Lumenaut

CommercialWindowsMicrosoft Office Excel

The Lumenaut Excel software add-in features a Monte Carlo simulation software package, a Decision Tree analysis software package and a Parametric and Non-Parametric...

Oracle Crystal Ball

Oracle Crystal Ball

CommercialWindowsMicrosoft Office Excel

Oracle Crystal Ball is the leading spreadsheet-based application suite for predictive modeling, forecasting, simulation, and optimization. It gives you unparalleled...

Features:

  • Excel Add-in
  • Simulation
Risk Solver

Risk Solver

CommercialWindowsMicrosoft Office Excel

Risk Solver provides Instant, interactive risk analysis in Excel, with lightning-fast simulations run each time you change a number. Charts update instantly, showing a...

Features:

  • Excel Add-in
  • Simulation
Simple Decision Tree

Simple Decision Tree

FreeOpen SourceWindowsMicrosoft Office Excel

Simple Decision Tree is an Excel Add-in created by Thomas Seyller.

TreePlan

TreePlan

CommercialMacWindowsMicrosoft Office Excel

TreePlan helps you build a decision tree diagram in an Excel worksheet using dialog boxes. Decision trees are useful for analyzing sequential decision problems under...

Features:

  • Excel Add-in
  • Simulation
TUKHI

TUKHI

FreeWindowsMicrosoft Office Excel

Tukhi is a simple and powerful simulation for Microsoft Excel. - High performance Monte Carlo simulations. - Data driven simulations using SQL Queries. -...

Features:

  • Excel Add-in
  • Simulation

Upvote Comparison

Interest Trends

SimulAr Reviews

Add your reviews & share your experience when using SimulAr to the world. Your opinion will be useful to others who are looking for the best SimulAr alternatives.

Copyright © 2021 TopAlter.com

Sites we Love: AnswerBun, MenuIva, UKBizDB, Sharing RPP