Finding percentage required to break even

  • Context:
  • Thread starter Thread starter tumeke
  • Start date Start date
  • Tags Tags
    Break even
Join the discussion
Registration is free. Ask a follow-up in this thread, or start your own.
3 replies · 2K views
tumeke
Messages
3
Reaction score
0
Hello there,

I have the following set of data

Wins 6
Losses 13
Average Win 14.33%
Average Loss -4.47%

I want to know how to figure out the maximum average loss at which I can still break even. I have tried a few different things but cannot figure it out.

Thanks,
Patrick
 
Physics news on Phys.org
Hi Patrick and welcome to MHB. :)

What have you tried?
 
tumeke said:
Hello there,

I have the following set of data

Wins 6
Losses 13
Average Win 14.33%
Average Loss -4.47%
What does this mean? "Average Win" is 14.33% of what? "Average Loss" is -4.47% of what?

I want to know how to figure out the maximum average loss at which I can still break even. I have tried a few different things but cannot figure it out.

Thanks,
Patrick
 
Country Boy said:
What does this mean? "Average Win" is 14.33% of what? "Average Loss" is -4.47% of what?

I was hoping for additional clarification from the OP. Thanks for pointing that out.