ArcSine
Mar 14, 2011, 05:34 AM
Without dividends your return is solely from the asset's price change over your holding period. Compute it as
\sqrt[n]{\frac{E}{B}} \ - \ 1
where n is the number of periods (years, e.g.) in the holding period; E is the asset's value at the end of the holding period; and B is the beginning value.