Calculators
19 lessons in this track so far, in the order we suggest reading them.
Calculators
BeginnerPosition Size CalculatorFree position size calculator. Enter your account size, risk percentage, entry and stop to see how many shares, contracts or coins to trade.BeginnerRisk/Reward CalculatorFree risk reward calculator. Enter entry, stop and target prices to get the reward to risk ratio and the win rate you need to break even.BeginnerPip Value CalculatorFree forex pip value calculator. Work out what one pip is worth in US dollars for any lot size and currency pair, including JPY pairs and crosses.BeginnerFutures Tick Value CalculatorFree futures tick value calculator. Pick a contract such as ES, MES, NQ, CL or GC, enter entry, exit and contracts, and see ticks and profit or loss.BeginnerMargin and Leverage CalculatorFree margin and leverage calculator. Enter your equity, position value and margin rate to see required margin, free margin, leverage and the move that wipes you out.BeginnerExpectancy and Profit Factor CalculatorFree trading expectancy calculator. Enter win rate, average win and average loss to see expectancy per trade, profit factor and break even win rate.BeginnerCompound Growth and CAGR CalculatorFree CAGR calculator. Enter a starting value, ending value and number of years to see the compound annual growth rate, total return and doubling time.BeginnerDrawdown Recovery CalculatorFree drawdown recovery calculator. Enter a drawdown percentage to see the gain needed to get back to break even and how long recovery may take.BeginnerSharpe and Sortino CalculatorFree Sharpe and Sortino ratio calculator. Paste your monthly, weekly or daily returns and get annualised return, volatility, Sharpe and Sortino ratios.BeginnerKelly Criterion CalculatorFree Kelly criterion calculator. Enter your win probability and payoff ratio to find the full Kelly fraction, a safer fractional Kelly and expected growth.BeginnerCorrelation and Beta CalculatorFree correlation and beta calculator. Paste two lists of returns to get correlation, beta, alpha per period and R squared for a stock, fund or strategy.BeginnerPortfolio Volatility and VaR CalculatorFree value at risk calculator. Enter portfolio value, daily volatility, confidence level and horizon to estimate VaR and expected shortfall in dollars.BeginnerBond Price, Duration and DV01 CalculatorFree bond calculator. Enter face value, coupon, yield to maturity, years and payment frequency to get the bond price, current yield, duration and DV01.BeginnerOption Payoff CalculatorFree option payoff calculator. Choose a call or put, long or short, enter strike and premium, and see profit or loss at expiry, break even and max risk.BeginnerBlack-Scholes and Greeks CalculatorFree Black Scholes calculator. Enter stock price, strike, days to expiry, rate, volatility and dividend yield to get call and put prices and the Greeks.BeginnerImplied Volatility CalculatorFree implied volatility calculator. Enter an option's market price, strike, expiry and rate to find the volatility the market is pricing in, plus the expected move.BeginnerBinomial Option Pricing CalculatorFree binomial option pricing calculator using a Cox Ross Rubinstein tree. Price American or European calls and puts and see the early exercise premium.BeginnerFutures Basis and Forward Price CalculatorFree futures basis calculator. Enter spot and futures prices, days to expiry, interest rate and yield to get the basis, cost of carry fair value and implied rate.BeginnerFX Forward Points CalculatorFree FX forward points calculator. Enter the spot rate, the two currencies' interest rates and days to get the forward rate, forward points and premium.