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.
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© 2011 Springer Science+Business Media, LLC
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Ruppert, D. (2011). Returns. In: Statistics and Data Analysis for Financial Engineering. Springer Texts in Statistics. Springer, New York, NY. https://doi.org/10.1007/978-1-4419-7787-8_2
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DOI: https://doi.org/10.1007/978-1-4419-7787-8_2
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Publisher Name: Springer, New York, NY
Print ISBN: 978-1-4419-7786-1
Online ISBN: 978-1-4419-7787-8
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