Guesstimate

6.1easy start · #20 of 30
in Financial Modeling Software

Runs on Web.

Guesstimate is ranked #20 of 30 in financial modeling software on The Geeks Club. It runs on Web.

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Purpose: Guesstimate is a spreadsheet tool for modeling and forecasting uncertain quantities.
Uncertain inputs: Cells can use confidence intervals or datasets, and downstream calculations account for that uncertainty.
Simulation: Guesstimate uses Monte Carlo sampling and performs 5,000 samples per stochastic expression.
Free use: Users can create unlimited public models for free.
Private models: Private individual and organizational models are available on paid plans.
Sharing limits: Public models can be viewed by anyone, but only their owners can save edits; private organizational models are visible within the owning organization.
Analysis: Analysis Mode displays sensitivity plots to help identify which inputs affect a model output.
Calculators: Calculators present selected model inputs as a form and display selected outputs computed from the model.
Financial functions: The product uses Finance.js for financial functions, including NPV, ROI, and WACC.
Support: Users can report bugs through GitHub or the in-app chat, and security-related bugs can be reported to [email protected].
Open source: The Guesstimate application code is open source and its repository includes instructions to run it locally.
Intended users: The maker says Guesstimate is most commonly used for cost estimation and forecasting within small companies.
Organization status: QURI describes itself as a nonprofit research organization and says it maintains Guesstimate.

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