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Winning and losing streak analysis

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Winnipeg, MB Canada
 
Trading Experience: Intermediate
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Winning and losing streak analysis

I am doing some analysis around maximum likely consecutive winners and losers based on different win percentages. My math is a bit rusty so I was hoping someone with a bit more skill could let me know if the results I've calculated pass the sniff test. I put together the following table and the formulas that I used are footnoted at the bottom.

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My next step is to run some Monte Carlo analysis to get a better understanding of the distribution of results along with what could be expected on a percentile basis, rather than just the maximums calculated here but wanted to have a baseline to compare the results against.

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