3 ms·

the market sees a 13% chance of a favorable outcome

• raincole 3y ago
  PSA: this is not how stock price works.
  • petesergeant 3y ago
    I thought it was; help me understand where I'm wrong.
    • quickthrower2 3y ago
      The probability distribution is not binary win/lose
    • raincole 3y ago
      I mean, yeah, the more optimistic the market is, the higher the price goes. But comparing % like this doesn't make any sense. If the price rises by 120%, the market see a 120% chance of favorable outcome?