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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/ Yahoo! Groups Links
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- RE: [BestCharts] BestCharts Gains [EMAIL PROTECTED]
- Rob Kipp
