Oh yes, the magic of compounding.  I did find two formulas on
BestCharts web site which I don't completely understand but guess
the results being shown by BestCharts are correct with compounding.

Thanks for your help Rik,
Rob Kipp

formula - resource codes

1.  dReturn=(dSellPrice-dBuyPrice)/dBuyPrice*100.0;
2.  dTotal=(1.0+dTotal/100.0)*(1.0+dReturn/100.0)*100.0-100.0;

----- Original Message -----
From: [EMAIL PROTECTED]
To: [email protected]
Sent: Friday, May 06, 2005 3:08 PM
Subject: RE: [BestCharts] BestCharts Gains


Gains are calculated cumulatively, not additively.

Rik Rasmussen
Best Charts Yahoo Group Moderator
http://groups.yahoo.com/group/bestcharts/

 


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