fin-wealth: Conversion of an index to wealth

In timeSeries: Financial Time Series Objects (Rmetrics)

Conversion of an index to wealth

Description

Converts an index series to a wealth series normalizing the starting value to one.

Usage

index2wealth(x)

Arguments

x	an object of class 'timeSeries'.

Value

returns a time series object of the same class as the input argument x normalizing the starting value to one.

See Also

returns, cumulated, drawdowns, splits, spreads, midquotes,

Examples

## Load MSFT Open Prices  - 
   INDEX <- MSFT[1:20, 1]
   INDEX
   
## Compute Wealth Normalized to 100 - 
   100 * index2wealth(INDEX)

timeSeries documentation built on March 18, 2025, 3:01 p.m.