@RISK 5.0 for risk analysis using Monte Carlo simulation

@RISK performs risk analysis using Monte Carlo simulation to show you many possible outcomes in your Microsoft Excel spreadsheet—and tells you how likely they are to occur. This means you can judge which risks to take and which ones to avoid.

Greater Than the Sum of its Parts
Each component of the DecisionTools Suite can perform a powerful analysis. When you combine these products, you can achieve more complete results than any single program can provide.

@RISK and TopRank
The focus of an @RISK analysis can be narrowed using TopRank. Especially with large models, this saves time and improves accuracy of your @RISK analysis. @RISK functions can also be used by TopRank to represent a wider range of values than TopRank’s standard functions.

Watch how @RISK and TopRank work together

@RISK and PrecisionTree
In addition, @RISK can be combined with PrecisionTree to represent uncertain chance events and payoffs in decision tree models. This enhances the accuracy of decision tree models by considering wider ranges of values for chance events instead of a few limited, discrete options.

Watch how @RISK and PrecisionTree work together

@RISK then StatTools
@RISK results can be run through a StatTools analysis to assess confidence intervals. @RISK can also be applied to results from a StatTools time-series forecast to simulate possible outcomes with more precision.

Watch how @RISK and StatTools work together

» More on @RISK 5.0
What’s New in @RISK 5.0
Getting Started in @RISK 5.0

PrecisionTree® 5.0 for decision analysis with
decision trees and influence diagrams

PrecisionTree performs decision analysis in Microsoft Excel using decision trees and influence diagrams. Decision trees let you visually map out complex, multi-layered decisions in a sequential, organized manner. This helps you identify all possible alternatives and choose the best option.

Greater Than the Sum of its Parts
Each component of the DecisionTools Suite can perform a powerful analysis. When you combine these products, you can achieve more complete results than any single program can provide.

PrecisionTree and @RISK
PrecisionTree represents chance events and payoffs with discrete values or probabilities. When combined with @RISK, @RISK enhances the analysis by representing continuous ranges of outcomes for chance events and payoffs.

Watch how PrecisionTree and @RISK work together

PrecisionTree and TopRank
PrecisionTree models can also be run with TopRank to identify the most critical factors in larger, more complex tree models.

» More on PrecisionTree 5.0
What’s New in PrecisionTree 5.0
Getting Started in PrecisionTree 5.0

TopRank® 5.0 for automated “what if” sensitivity analysis

TopRank performs automated “what if” sensitivity analysis on Microsoft Excel spreadsheets. You can define any output or “bottom line” cell or cells, and TopRank will automatically find and vary all input cells which affect your output. The end result is identification and ranking of all input factors which affect your bottom line.

Greater Than the Sum of its Parts
Each component of the DecisionTools Suite can perform a powerful analysis. When you combine these products, you can achieve more complete results than any single program can provide.

TopRank then @RISK
TopRank is useful for narrowing down the focus of large models before performing a risk analysis with @RISK. Especially with large models, this saves time and improves accuracy of your @RISK analysis. In addition, TopRank can use @RISK to represent a wider range of values than TopRank’s standard functions.

Watch how TopRank and @RISK work together

TopRank and PrecisionTree
TopRank can also be run with PrecisionTree models to identify the most critical factors in larger, more complex tree models.

» More on TopRank
What’s New in TopRank 5.0
Getting Started in TopRank 5.0

NeuralTools® 5.0 for predictive analysis using intelligent neural networks—new in DecisionTools 5.0!

NeuralTools performs predictions in Microsoft Excel using sophisticated neural networks. NeuralTools imitates brain functions to “learn” patterns in your known data, and uses those patterns to make predictions from new, incomplete data. In addition, NeuralTools can automatically update predictions live when input data changes, saving time and enabling more robust analyses.

Greater Than the Sum of its Parts
Each component of the DecisionTools Suite can perform a powerful analysis. When you combine these products, you can achieve more complete results than any single program can provide.

NeuralTools and Evolver
Combine NeuralTools with Evolver to optimize complex problems. Set Evolver’s target goal as the live predictive output for NeuralTools, and the cells for Evolver to adjust as the new inputs for NeuralTools. Then watch Evolver and NeuralTools work together to predict the optimal solution.

Watch how NeuralTools and Evolver work together

NeuralTools and RISKOptimizer
You could even run NeuralTools in conjunction with RISKOptimizer, running Monte Carlo simulations on each trial solution and making live predictions of the results.

» More on NeuralTools
What’s New in NeuralTools 5.0
Getting Started in NeuralTools 5.0

StatTools® 5.0 for time-series forecasting and advanced statistical analysis—new in DecisionTools 5.0!

StatTools performs time-series forecasting and statistical analysis in Microsoft Excel. It actually replaces Excel’s built-in statistics functions with its own, more robust and accurate functions. StatTools covers the most common statistical analyses, and even allows you to build your own custom statistical procedures for inclusion on the StatTools menu.

Greater Than the Sum of its Parts
Each component of the DecisionTools Suite can perform a powerful analysis. When you combine these products, you can achieve more complete results than any single program can provide.

StatTools and @RISK then RISKOptimizer
Combine StatTools with @RISK to assess confidence intervals on simulation results. You can also apply @RISK functions to StatTools time-series forecast results to simulate possible outcomes with more precision than the times-series analysis alone. Run RISKOptimizer on your model using the same @RISK functions in order to find the best combination of factors to maximize your forecasted profits.

Watch how StatTools and @RISK work together

» More on StatTools
What’s New in StatTools 5.0
Getting Started in StatTools 5.0

Evolver™ 5.0 for genetic algorithm-based optimization—
new in DecisionTools 5.0!

Evolver performs genetic algorithm-based optimization in Microsoft Excel. It is especially well-suited to finding the best overall global solution to nonlinear, complex problems where other solvers fail. Evolver’s genetic algorithms constantly try new, different solutions to arrive at the best answer possible.

Greater Than the Sum of its Parts
Each component of the DecisionTools Suite can perform a powerful analysis. When you combine these products, you can achieve more complete results than any single program can provide.

Evolver then NeuralTools
Combine Evolver with NeuralTools to optimize complex problems with live neural network prediction. Set Evolver’s target goal as the live predictive output for NeuralTools, and the cells for Evolver to adjust as the new inputs for NeuralTools. Then watch Evolver and NeuralTools work together to predict the optimal solution.

Watch how Evolver and NeuralTools work together

» More on Evolver
What’s New in Evolver 5.0
Getting Started in Evolver 5.0

RISKOptimizer® 5.0 combines optimization and Monte Carlo simulation for optimization under uncertainty

RISKOptimizer combines optimization with Monte Carlo simulation to solve optimization problems under uncertainty. Take any optimization problem and replace uncertain values with @RISK functions that represent ranges of possible values. RISKOptimizer will try different combinations of adjustable cells to achieve the goal you define, while running Monte Carlo simulations on each trial solution to account for inherent uncertainty. The result is the most robust, accurate solution possible.

Greater Than the Sum of its Parts
Each component of the DecisionTools Suite can perform a powerful analysis. When you combine these products, you can achieve more complete results than any single program can provide.

RISKOptimizer and @RISK
Run RISKOptimizer on an existing @RISK model to maximize your profits, minimize your costs, or achieve a particular target. RISKOptimizer uses all the same functions as @RISK.

RISKOptimizer and StatTools
You could run a RISKOptimizer analysis on the results from a StatTools time-series forecast, applying @RISK functions to the forecasted values while adjusting controllable factors to maximize total profits.

RISKOptimizer and NeuralTools
Even combine RISKOptimizer with NeuralTools to make live predictions on each trial solution.

» More on RISKOptimizer
What’s New in RISKOptimizer 5.0
Getting Started in RISKOptimizer 5.0