13-11-2017, 03:39 PM
Hello fellow valuebuddies,
https://itunes.apple.com/us/app/koccian-...27556?mt=8
I would like to introduce a new app I've just created. It is a calculator that helps users with allocation of resources. Instead of the widely used standard deviation (or any volatility measure) as a variable, risk in this formula is represented by potential loss and the probability of losing. The variables used in this calculator: Potential Returns, Potential Loss, Probability of Winning.
In my opinion, it is significantly more useful for value investors as I would imagine that most of us subscribe with the notion that volatility is not representative of risk. Of course, I would not dare to say that the formula this app uses is suitable and useful to everyone. But I do hope that it will! My advice is to use the calculator as a point of reference, like I do myself. It is free and any feedback is appreciated!
Thanks for reading(or downloading)!
https://itunes.apple.com/us/app/koccian-...27556?mt=8
I would like to introduce a new app I've just created. It is a calculator that helps users with allocation of resources. Instead of the widely used standard deviation (or any volatility measure) as a variable, risk in this formula is represented by potential loss and the probability of losing. The variables used in this calculator: Potential Returns, Potential Loss, Probability of Winning.
In my opinion, it is significantly more useful for value investors as I would imagine that most of us subscribe with the notion that volatility is not representative of risk. Of course, I would not dare to say that the formula this app uses is suitable and useful to everyone. But I do hope that it will! My advice is to use the calculator as a point of reference, like I do myself. It is free and any feedback is appreciated!
Thanks for reading(or downloading)!