Questions on Monte Carlo Changes in 2.36 and 2.37.
After reading through the release notes in 2.36 and 2.37 and looking at my Monte Carlo reports after recently installing 2.37.2 I have the following questions I hope you can answer:
1. Looks like the Distribution and Range reports were eliminated as they do not appear on a report run and the User manual no longer describes them. The release notes say reports were simplified, but not eliminated. Why were they eliminated?
2. On my machine the Monte Carlo reports take much longer to run with the default of 200 runs. Is this why the default number of runs were lowered to 200? Why are they taking so much longer?
3. The release notes say there is a new option to choose between the old and new Monte Carlo process. I could not find this option. Please tell me where it is.
4. I noticed a new Trajectory Summary report. I have these questions about it:
A. How do interpret and use this report?
B. What does the Coefficient Variation mean and how do interpret it?
C. How do I know what is a good and bad Coefficient Variation?
5. This question is not necessarily related to the recent Monte Carlo changes since I noticed this in old reports also...
Background: I have always had the understanding with the Trajectory Reports that you interpret them by looking down the columns and not necessarily across because they show a range of returns over lifetime rather than across a year. Also, the sum of a column represents the lifetime of returns for the Monte Carlo economy/run in that column. The sums of the 5 columns should increase going from left to right (or going from very low to very high returns).
The question: I have always noticed that on my Living Standard Trajectory report (the one I typically look at) the sums of the columns do indeed increase (and always have) going from very low to very high. But in my Regular Assets Trajectory report and my Retirement Trajectory Report the sums do not increase going from very low to very high (on current and older releases). Could there be a valid explanation for this? If yes, what is the explanation? Or is something likely not working in the report generation?