Complete Guide to CFA Level I Calculations

TL;DR

A public source of truth for CFA Level I calculations across Quantitative Methods, FSA, Corporate Issuers, Equity, Fixed Income, Derivatives, Alternatives, and Portfolio Management.

Calculation Areas

  • Quantitative Methods: TVM, statistics, probability, regression, and hypothesis testing.
  • Fixed Income: bond pricing, YTM, spot rates, forward rates, duration, and convexity.
  • Portfolio Management: expected return, risk, CAPM, Sharpe ratio, and performance measurement.
  • Derivatives: forwards, futures, option payoffs, put-call parity, and Black-Scholes inputs.

Deep Links