These ratios derive from a mathematical sequence in which each number is the sum of the two preceding numbers. The challenge with the Fibonacci tool is to assess where to place it on a chart correctly. Moving averages can help identify support and resistance levels and spot trend changes. I use an EMA crossover strategy […]
Monthly Archives: December 2020
Where t is the time of the cash flow, r is the discount rate (required rate of return), Σ is the sum of all cash flows of the project. IRR serves as a benchmark for companies to compare the profitability of various projects. Hence, the role and significance of capital budgeting to a company cannot […]