Monte Carlo Simulation Validation of the Alaali Cash Flow Volatility Index (A-CFVI Core)

This document provides comprehensive validation of the Alaali Cash Flow Volatility Index (A-CFVI Core) using Monte Carlo simulation techniques. CFO (Cash Flow from Operations) data from Aluminum Bahrain (Alba) and Alcoa USA, spanning 2019-2023, are utilized to rigorously test the stability and reliability of the A-CFVI Core metric under varying financial scenarios. The simulation delivers robust statistical support, enhancing confidence in the practical application of A-CFVI Core in strategic financial planning and risk management.