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Payoff Ratio Calculator

Measure average trade profitability asymmetry by comparing average win size to average loss size.

Expected Value per Trade
+₹835.00
Expectancy (100 Trades)+₹83,500
Win Probability55.0%
Payoff Ratio (Win/Loss)2.08

How the Calculation Works

Step 1: Input Valuation

Read parameters and compute total exposure: multiply order quantity by contract unit multiplier.

Step 2: Payoff & Boundary Evaluation

Evaluate terminal return at the selected target price using strict financial mathematical boundary logic.

Step 3: Frictional & Premium Netting

Deduct upfront capital commitments, taxes, or net debits to produce final net profit or loss realization.

Calculation Formula

Payoff Ratio = Average Winning Trade / Average Losing Trade

Example Calculation

Average win of ₹2,500 and average loss of ₹1,200.

Outcome: Payoff Ratio: 2.08x

Winning trades are 2.08 times larger than losing trades on average.

Assumptions & Parameters

  • Calculated from closed, realized trade executions.

Frequently Asked Questions

What is a payoff ratio?

The ratio of average winning trade size to average losing trade size.

How is payoff ratio different from risk/reward ratio?

Payoff ratio measures historical realized trade performance; risk/reward is the planned target vs stop-loss before entry.

What is a healthy payoff ratio?

A ratio of 1.5x to 2.5x is considered healthy for swing and trend-following trading strategies.

Can scalpers succeed with a payoff ratio below 1.0?

Yes, but they require high win rates (70%+) to compensate for smaller wins relative to losses.

How do trailing stops impact payoff ratio?

Trailing stops let winning trades run, helping expand your historical payoff ratio.

Does payoff ratio include transaction fees?

Using net P&L provides a more accurate picture of true after-cost payoff asymmetry.