UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
Call for Paper
Volume 11 | Issue 10 | October 2024

JETIREXPLORE- Search Thousands of research papers



WhatsApp Contact
Click Here

Published in:

Volume 10 Issue 8
August-2023
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

7.95 impact factor calculated by Google scholar

Unique Identifier

Published Paper ID:
JETIR2308658


Registration ID:
524059

Page Number

g542-g547

Share This Article


Jetir RMS

Title

Harnessing Excel's VBA for Simulating Fundamental Stochastic Processes: A Deep Dive into GBM and CIR Implementations

Abstract

This research delves into the application of stochastic processes, specifically the Geometric Brownian Motion (GBM) and the Cox-Ingersoll-Ross (CIR) process, in the realm of quantitative finance. Recognizing the ubiquity of Microsoft Excel in the finance sector, we introduce a hands-on approach to simulate these processes using Visual Basic for Applications (VBA). Our paper highlights the implementation details, ensuring the adaptability of the developed code for various financial stochastic processes. By bridging theoretical finance with practical Excel-based solutions, this research aims to provide a valuable tool for financial analysts and researchers.

Key Words

Stochastic Processes, Geometric Brownian Motion (GBM), Cox-Ingersoll-Ross (CIR) Process, Visual Basic for Applications (VBA), Financial Modeling in Excel, Numerical Simulation, Milstein Scheme.

Cite This Article

"Harnessing Excel's VBA for Simulating Fundamental Stochastic Processes: A Deep Dive into GBM and CIR Implementations", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.10, Issue 8, page no.g542-g547, August-2023, Available :http://www.jetir.org/papers/JETIR2308658.pdf

ISSN


2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"Harnessing Excel's VBA for Simulating Fundamental Stochastic Processes: A Deep Dive into GBM and CIR Implementations", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.10, Issue 8, page no. ppg542-g547, August-2023, Available at : http://www.jetir.org/papers/JETIR2308658.pdf

Publication Details

Published Paper ID: JETIR2308658
Registration ID: 524059
Published In: Volume 10 | Issue 8 | Year August-2023
DOI (Digital Object Identifier): http://doi.one/10.1729/Journal.35918
Page No: g542-g547
Country: Delhi, Delhi, India .
Area: Applied Mathematics
ISSN Number: 2349-5162
Publisher: IJ Publication


Preview This Article


Downlaod

Click here for Article Preview

Download PDF

Downloads

000145

Print This Page

Current Call For Paper

Jetir RMS