Fantastic Rate of Return

Posted by fiftyonepercent 
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fiftyonepercent
Fantastic Rate of Return
February 02, 2010 10:39PM
After 1 day my $20 investment is up 2 cents. That is a fantastic 44% per annum! what out you guys. ;-)
admin
Re: Fantastic Rate of Return
February 03, 2010 12:33PM
Well done :-)
fiftyonepercent
Re: Fantastic Rate of Return
February 03, 2010 08:01PM
Thanks. After 2 days I am up 32 cents, which I make an annual rate of return of ~1700% but I didn't make the top 100 pops! It says I am only 600th but I make 1700% at 7th place. ;-)
pipe42
Re: Fantastic Rate of Return
February 03, 2010 10:10PM
Hey fiftyonepercent - the ROI is calculated in a total, overall basis, not on a per annum basis.

Here is the text from the (small, easy to miss) Help icon on the ROI page:

Quote
iPredict Help
ROI is the ratio of earnings to amount deposited over the lifetime of your account. For example, if you put in $10, did some trading and got your net worth to $15, then your earnings are $5 and your ROI is +50%.

ROI is calculated as follows:
(Current Net Worth + Total Cash Withdrawn) / (Total Cash Deposited) - 1
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