An Investment Theory Based on Geometric Return

Return is the most fundamental concept in investment. There are two methods to measure returns: Arithmetic return and geometric return. The standard investment theory, Markowitz portfolio theory and CAPM, uses arithmetic return. Geometric return provides more accurate and precise measurement of investment performance. Because of this, geometric return provides many advantages as the foundation of an investment theory

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Year of publication:	[2021]
Authors:	Chen, Jing
Publisher:	[S.l.] : SSRN
Subject:	Kapitaleinkommen \| Capital income \| Portfolio-Management \| Portfolio selection \| Betriebliche Investitionstheorie \| Corporate investment theory

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Extent:	1 Online-Ressource (19 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments June 22, 2021 erstellt
Other identifiers:	10.2139/ssrn.3871543 [DOI]
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013220671