Skip to content
FinToolSuite
Updated May 14, 2026 · Investing · Educational use only ·

Risk-Reward Ratio Calculator

Trade R:R analysis.

Calculate risk-reward ratio and break-even win rate for any trade using entry price, stop loss, and profit target inputs.

What this tool does

Risk-reward ratio measures the relationship between potential profit and potential loss on a trade. Enter your entry price, target price, and stop loss level, and the calculator returns two outputs: the ratio itself (showing how much upside potential exists relative to downside risk) and the break-even win rate (the minimum percentage of winning trades needed to avoid losses over time, assuming consistent position sizing). The ratio is calculated by dividing the distance to your target by the distance to your stop loss. This tool illustrates how these metrics interact and helps traders model different entry and exit scenarios. Results are for educational illustration only and assume fixed position sizes with no slippage or fees.


Enter Values

People also use

Formula Used
Profit target
Entry price
Stop loss

Spotted something off?

Calculations or display — let us know.

Disclaimer

Results are estimates for educational purposes only. They do not constitute financial advice. Consult a qualified professional before making financial decisions.

Risk-reward ratio compares potential reward to potential risk per trade. Formula: (target price - entry) / (entry - stop loss). Aim for 2:1 or better - reward at least 2x the risk. 50 entry, 55 target, 45 stop = 5 reward / 5 risk = 1:1 (poor). 50 entry, 60 target, 45 stop = 10 / 5 = 2:1 (good).

Example: stock at 100, target 120, stop 90. Reward = 20, Risk = 10. R:R = 2:1. Need win rate >33% to be profitable (1/(1+2) = 33% break-even). At 50% win rate: profitable. At 60% win rate: highly profitable. Lower R:R requires higher win rate; higher R:R can be profitable with lower win rate.

R:R + win rate = expected value: EV = (Win% × Reward) - (Loss% × Risk). 50% win rate, 2:1 R:R: EV = (0.5 × 2) - (0.5 × 1) = +0.50 per 1 risked. Positive EV = profitable strategy. Most successful traders combine: high R:R (2:1+) with moderate win rate (40-60%). Strategies needing 70%+ win rate (low R:R) rarely survive long-term.

Quick example

With entry price of 100 and target price of 120 (plus stop loss of 90), the result is 2.00:1. Change any figure and watch the output shift — it's often more useful to see the pattern than to memorise the formula.

Which inputs matter most

You enter Entry Price, Target Price, and Stop Loss. Not every input has equal weight. Adjusting one input at a time toward extreme values shows which ones move the result most.

What's happening under the hood

R:R = (target - entry) / (entry - stop). Break-even win rate = 1/(1 + R:R). The formula is listed in full below. If the number looks off, you can retrace the calculation by hand — that's the point of showing the working.

Using this well

What this doesn't capture

Steady-rate math ignores real-world volatility. Actual returns are lumpy; sequence-of-returns risk matters most in drawdown; fees and taxes drag on compound growth; and behaviour changes in drawdowns can reduce outcomes below the projection. The number represents one scenario rather than a forecast.

Example Scenario

Entry ££100, Target ££120, Stop ££90 = 2.00:1.

Inputs

Entry Price:£100
Target Price:£120
Stop Loss:£90
Expected Result2.00:1

This example uses typical values for illustration. Adjust the inputs above to match a specific situation and see how the result changes.

Sources & Methodology

Methodology

The calculator computes the risk-reward ratio by dividing potential profit by potential loss. Specifically, it subtracts the entry price from the target price to find upside distance, then subtracts the stop-loss price from the entry price to find downside distance. The ratio is the upside divided by the downside. The calculator also derives a break-even win rate by applying the formula 1/(1 + R:R), which models the minimum win frequency needed to offset losses at the specified ratio. The model assumes linear price movement between entry and target levels, constant position sizing, and no transaction costs or slippage. It does not account for market volatility, execution risk, or the probability of reaching either target or stop-loss prices.

Frequently Asked Questions

Best R:R for trading?
Minimum acceptable: 2:1 (need 33% win rate to break even). Better: 3:1 (need 25% win rate). Best: 5:1+ (need 17% win rate - allows for many small losses to be offset by occasional big wins). Trend-following systems often 3:1+ with 30-40% win rate (commonly cited). Mean-reversion: 1:1 to 1.5:1 with 60%+ win rate.
How to set stops/targets?
Stops: technical support (below recent low), volatility-based (1-2x ATR), or % from entry (5-10%). Targets: technical resistance (above recent high), measured moves (chart pattern projections), risk-multiple (2-3x risk amount). Match stops/targets to strategy timeframe - day-trading uses tighter than swing trading.
R:R vs win rate trade-off?
Inverse relationship in most strategies. Tight stops (high R:R) get hit more often (lower win rate). Loose stops (low R:R) less likely to trigger (higher win rate). Find the optimal balance for your strategy. Backtest both - the optimal point isn't intuitive and varies by market conditions.
Why R:R alone isn't enough?
R:R measures potential, not probability. 10:1 R:R trade with 5% win probability has negative expected value. Combine R:R with realistic win rate estimates (from backtesting). Expected value = (Win% × Reward) - (Loss% × Risk). Positive EV with 2:1 R:R + 50% win rate beats 10:1 R:R + 5% win rate.

Related Calculators

More Investing Calculators

Explore Other Financial Tools