Using @RISK’s tool for time series analysis, a multi-currency portfolio can be used to adequately forecast the probabilistic pathways of correlated currencies into the near future. This tool can be used for short-term financial planning such as applying hedging strategies. The time series analysis tool can also be modified to test for extreme cases; in other words, sensitizing future currency forecasts under extreme market situations. This is called stress analysis.

Minimum edition: @RISK 6.0 Industrial. This model illustrates one possible simulation of hydroelectric power generation for a 120-month horizon. There are three sources of uncertainty: monthly desired power (as a percentage of the maximum possible output), monthly rainfall, and monthly evaporation. This model is based on Roy L. Nersesian's book Energy Risk Modeling.

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It is possible to run a second copy of Microsoft Excel while @RISK or another Palisade product is running in the first copy.

It is important to open a second instance of Excel rather than open another workbook in Excel. If you open a second workbook, the existing copy of Excel opens it, so you have one copy of Excel running and there's only one Excel line in Task Manager. You can have multiple workbooks open when running Palisade software, but don't switch workbooks while a simulation or other analysis is running.

By contrast, when you open a second instance, Windows loads a fresh second copy of Excel, and Task Manager shows two Excel lines.

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