holding-period
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CFA Level 1 CFA: Holding period, money-, and time-weighted returns
The holding period return (HPR) is given by [P(t) + D - P(0)]/P(0). The HPR does not account for the time interval, so importantly it is annualized; for example, a 15.50% HPR over 5 years is much less impressive than over one month. The time-weighted return (TWR) chains HPR together and is given...- Nicole Seaman
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- cfa cfa-prep dollar-weighted-return holding-period money-weighted-return time-weighted-return
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- Forum: Chartered Financial Analyst® (CFA)