The Kelly formula simply and elegantly states that an investor should calculate edge divided by odds to determine how much to invest in a security.

Compound Interest Formula: Get here formula of the compound interest along with how to calculate, difference between compound and simple interest and more.

Modified duration can provide bond investors with a critical valuation. Here’s the formula and what the result can tell you.

c) On sober reflection, what’s most likely to happen. The weighted average of these is your most probability forecast. Calculate it using the formula [a + b + (4 x c)].

When scientists spot an asteroid whose trajectory might , they monitor it frequently and calculate the probability that it might collide with our planet.