Evaluation of an iron ore price forecast using a geometric Brownian motion model
Abstract Mining projects are often budgeted in millions of dollars, making it of interest to the investor to measure a project’s uncertainties and risks, which include the changes in the commodity price. The simulation of asset prices is valid because it enables displaying, with a degree of certaint...
| Main Authors: | , , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Fundação Gorceix
|
| Series: | REM: International Engineering Journal |
| Subjects: | |
| Online Access: | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S2448-167X2019000200009&lng=en&tlng=en |