Hi Support, I suggest, if you like, to show in the "General" Tab of Trader's page, among the other statistics, even the "Geometric Average" (even called "Geometric Mean"). The reason for this is that Geomatric Average takes higher consideration low values (tipically losses) than Aritmetic Average.
Let's see formulas:
if we have n numbers ---------------------------------------------------------- everyone knows
Aritmetic Average (Mean): Sum_of_n_Numbers diveded by n
----------------------------------------------------------
Geometric Average (Mean): n-th root of Product_of_n_numbers
=====================================================================
Let's see some examples:
Example1:
Equity_end_of_month_Contest1 = 180000 $ Equity_end_of_month_Contest2 = 220000 $ Equity_end_of_month_Contest3 = 80000 $ Equity_end_of_month_Contest4 = 90000 $ Equity_end_of_month_Contest5 = 150000 $
Aritmetic Average = 144000
Geometric Average = 133728
----------------------------------------------------------
Example2:
Equity_end_of_month_Contest1 = 500000 $ Equity_end_of_month_Contest2 = 250000 $ Equity_end_of_month_Contest3 = 65000 $ Equity_end_of_month_Contest4 = 5000 $ Equity_end_of_month_Contest5 = 170000 $
Aritmetic Average = 198000
Geometric Average = 92864
Best regards, Frank
|