Discover how the Modified Dietz Method measures investment returns, factoring in cash flow timing and excluding skewing ...
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Time-Weighted Return

What Is Time-Weighted Return? Time-weighted return (TWR) is a method of measuring investment performance that accounts for the impact of cash flows and the timing of those flows. This method is ...
The National Bureau of Economic Research takes time to define periods of economic expansion and contraction - and they do so in hindsight; equity markets are not trading based on these ...