Series 66 Formulas

The Sharpe Ratio Formula
Sharpe Ratio = (return of the portfolio - risk free return) / Standard Deviation.

Perpetual Payment Formula
You may be asked to calculate the amount of money necessary to receive a set payment in perpetuity, assuming a certain rate of return. Step 1: Expected rate of return / number of payments per year = monthly expected return, Step 2: Monthly dollar amount / monthly expected return = Funds Needed.

Current Yield on Bonds Formula
Current Yield = Annual Interest/ Current Market Price

No comments:

Post a Comment