RAC is the only share for which I use Kelly, because:
* RAC is by far the largest holding
and
* I'm too lazy to think about the potential payoffs and probabilities for more than one share.
To @Titans19 question, if the SP takes off, I will firstly adjust the Kelly payoff multiple. If there had been no FA news, the probability of success is unchanged. Then if Kelly still said to sell, I will sell a fixed dollar amount on each 10% SP increase, i.e. a smaller number of shares each time. So that would partly ignore Kelly.
This scenario has already happened.
RAC is the only share for which I use Kelly, because:* RAC is by...
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Last
$1.68 |
Change
0.020(1.20%) |
Mkt cap ! $286.2M | |||
| Open | High | Low | Value | Volume |
| $1.68 | $1.68 | $1.61 | $177.8K | 108.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1100 | $1.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.68 | 4999 | 1 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| RAC (ASX) Chart |