let’s say i have a buy and a sell.
Buy@$100 in 2010-06-03
Sold@167 in 2015-09-04
In order to calculate CAGR i need the period right? I’ve been using the period as years using a 365 days year but i’ve seen it made in several other ways. Years of 360 days, 365.25 days, number of complete years + a fractional year.
Is there a GIPS standard? I can’t seem to find any. It seems such a simple question and yet i can’t find anything definitive about the calculation.
Thank You