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sxz18
07-31-2005, 05:38 AM
I've been trying to figure out the exact formula for ROI. Is it just 1-(amount invested/amount returned)? Or is it (amount returned/amount invested)-1?

IHateKeithSmart
07-31-2005, 05:45 AM
SX:

ROI = Profit/Investment

Multiply by 100 to get a 'nice' percentage.

sxz18
07-31-2005, 05:55 AM
(Earned-Invested)/Invested

Does that sound right?

I tried Earned/Invested but the number was way too high to be ROI.

SossMan
07-31-2005, 11:23 AM
fyi, fossilman has stated that ROI is meaningless in MTTs

MeanGreenTT
07-31-2005, 12:01 PM
[ QUOTE ]
(Earned-Invested)/Invested

Does that sound right?

[/ QUOTE ]

yup...