Abstract
The goal of investing is, of course, to make a profit. The revenue from investing, or the loss in the case of a negative revenue, depends upon both the change in prices and the amounts of the assets being held. Investors are interested in revenues that are high relative to the size of the initial investments. Returns measure this, because returns on an asset, e.g., a stock, a bond, a portfolio of stocks and bonds, are changes in price expressed as a fraction of the initial price.
Keywords
Random Walk Hedge Fund Initial Investment Random Walk Model Closing Price
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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© Springer Science+Business Media, LLC 2011