From ae1316e0b28c738ddfc1694beab803c0bf0a06a5 Mon Sep 17 00:00:00 2001
From: shellway <413209390@qq.com>
Date: Mon, 28 Sep 2026 17:08:10 +0800
Subject: [PATCH] Update
 "%E7%9F%A5%E8%AF%86%2F%E5%8D%A1%E7%8E%9B%E6%AF%94%E7%8E%87"

---
 ...%A5%E8%AF%86%2F%E5%8D%A1%E7%8E%9B%E6%AF%94%E7%8E%87.md | 8 ++++----
 1 file changed, 4 insertions(+), 4 deletions(-)

diff --git a/%E7%9F%A5%E8%AF%86%2F%E5%8D%A1%E7%8E%9B%E6%AF%94%E7%8E%87.md b/%E7%9F%A5%E8%AF%86%2F%E5%8D%A1%E7%8E%9B%E6%AF%94%E7%8E%87.md
index 78afad7..cda842c 100644
--- a/%E7%9F%A5%E8%AF%86%2F%E5%8D%A1%E7%8E%9B%E6%AF%94%E7%8E%87.md
+++ b/%E7%9F%A5%E8%AF%86%2F%E5%8D%A1%E7%8E%9B%E6%AF%94%E7%8E%87.md
@@ -5,10 +5,10 @@
 ## 💡 直觉
 夏普罚「波动」，卡玛罚「最大回撤」，更贴近实盘「最惨时亏多少」。
 
-## 🧮 公式 / 口径
-```
-    卡玛 = 年化收益率 / |最大回撤|
-```
+## 🧮 公式
+$$
+Calmar = \frac{\text{年化收益率}}{\lvert MDD \rvert}
+$$
 
 ## ⚠️ 常见误区
 依赖单一最大回撤事件，样本短时不稳定。