Example: If you own $1,000 in stock and that stock loses 15%, now that stock is worth $850. What percentage is needed to get back to even?
% of lost / 1-(% of lost) .15/1-.15= 17.76% to get back to even. Another example If you own $1,000 in stock and that particular stock loses 25%, now that stock is worth $750. What percentage is needed to get back to even? % of lost / 1-(% of lost) .25/1-.25=33.3% to get back to even.
0 Comments
|
Chase FloydNothing fancy. Mostly my thoughts, ideas, education, and current events. Keep it simple ArchivesCategories |