Lets say I have the following returns for four quarters
Q1: 4% Q2: 3% Q3: 6% Q4: 4%
If I wanted to find the calendar year return, would I sum the above returns (4+3+6+4) or multiply (1.04*1.03*1.06*1.04)?
Compound: multiply.
Lets say I have the following returns for four quarters
Q1: 4% Q2: 3% Q3: 6% Q4: 4%
If I wanted to find the calendar year return, would I sum the above returns (4+3+6+4) or multiply (1.04*1.03*1.06*1.04)?
Compound: multiply.