Description Usage Arguments Value Author(s) References See Also Examples
Converts a daily proportion gain to a corresponding annual (or several year)
gain. For example, an investment that gains 0.1% per day would gain
approximately 28.5% in a year (252 trading days). The formula is:
total.gain = (1 + daily.gain) ^ (252 * years) - 1
. Here total.gain
and daily.gain
are proportions, e.g. 0.15 for 15%.
1 | daily.yearly(daily.gain, years = 1)
|
daily.gain |
Numeric value (or vector) representing the daily proportion gain of an investment. |
years |
Number of years over which you would like to calculate the corresponding total
gain. For example, set to 3 if you wish to calculate the 3-year gain for an
investment that has a daily gain of |
Numeric value indicating total gain.
Dane R. Van Domelen
Acknowledgment: This material is based upon work supported by the National Science Foundation Graduate Research Fellowship under Grant No. DGE-0940903.
1 2 3 4 5 | # Calculate annual gain for an investment that gains 0.1% per day
daily.yearly(daily.gain = 0.001)
# Calculate 5-year gains corresponding to various daily gains
daily.yearly(daily.gain = seq(0, 0.001, 0.0001), years = 5)
|
Loading required package: rbenchmark
[1] 0.2851489
[1] 0.0000000 0.1337081 0.2852778 0.4570933 0.6518562 0.8726287 1.1228811
[8] 1.4065463 1.7280815 2.0925377 2.5056394
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