Can you explain the steps to calculate the ROE on BitMEX?

3 answers

• Dec 29, 2021 · 3 years ago
  Sure! Calculating the ROE on BitMEX involves a simple formula. First, you need to determine the net profit of your trades on BitMEX. This can be done by subtracting the total cost of your trades from the total revenue generated. Next, you need to calculate the average equity during the period for which you want to calculate the ROE. This can be done by adding the equity at the beginning and end of the period and dividing it by 2. Finally, divide the net profit by the average equity and multiply by 100 to get the ROE percentage. For example, if your net profit is $10,000 and your average equity is $100,000, your ROE would be 10%. It's important to note that ROE is a measure of profitability and can help you evaluate the performance of your trades on BitMEX.
  766383
• Dec 29, 2021 · 3 years ago
  Calculating the ROE on BitMEX is crucial for assessing the profitability of your trades. To calculate the ROE, you need to determine the net profit of your trades and divide it by the average equity. The net profit can be calculated by subtracting the total cost of your trades from the total revenue generated. The average equity is calculated by adding the equity at the beginning and end of the period and dividing it by 2. Once you have these values, divide the net profit by the average equity and multiply by 100 to get the ROE percentage. This metric can provide valuable insights into the effectiveness of your trading strategy on BitMEX.
  646216
• Dec 29, 2021 · 3 years ago
  Calculating the ROE on BitMEX is a straightforward process. First, determine the net profit of your trades by subtracting the total cost of your trades from the total revenue. Next, calculate the average equity during the desired period by adding the equity at the beginning and end of the period and dividing it by 2. Finally, divide the net profit by the average equity and multiply by 100 to obtain the ROE percentage. This metric can help you evaluate the profitability of your trades on BitMEX and make informed decisions based on the results.
  548137