Weekly Returns
Oh ok i thought that's what it was but our book and notes don't really
explain it as easily.
"Fred Smith" wrote:
If you bought something for $100, and one week later sold it for $110,
what's your return on investment? Hopefully, you were able to answer
instantly that it's 10%. If not, maybe finance is not for you.
It's the same with returns on a stock price. The return on investment is
always:
=(EndingValue - BeginningValue) / BeginningValue
Hopefully you can take it from here. But if you need more help, post back.
Regards,
Fred.
"Robbins" wrote in message
...
i'm doing a project in my finance class and i need to do the weekly return
of
the closing price of the companies stock for 15 weeks. Is there a function
for this, and if not does anybody know how i can calculate the weekly
return
.
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