GEOMETRIC MEAN RETURN


Meaning of GEOMETRIC MEAN RETURN in English

Also called the time weighted rate of return , a measure of the compounded rate of growth of the initial portfolio market value during the evaluation period, assuming that all cash distributions are reinvested in the portfolio. It is computed by taking the geometric average of the portfolio subperiod returns .

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.