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the past five monthly returns for kohls are 4.11 percent, 3.62 percent, −1.68 percent, 9.25 percent, and −2.56 percent. what is the average monthly return? (round your answer to 3 decimal places.)

Respuesta :

(4.11+3.62-1.68+9.25-2.56)/5=2.548

The average return is the straightforward mathematical average of several returns produced during a given time period.

What does a monthly return on average mean?

The average return is the straightforward mathematical average of several returns produced during a given time period. A security's or portfolio's historical performance can be gauged using the average return. Since compounding is not taken into account, the average return is different from an annualized return.

How is the average monthly return determined?

Add back net withdrawals or deduct net deposits during the period from the final sum. After that, divide the outcome by the initial balance at the month's beginning. You may calculate the percentage gain or loss that corresponds to your monthly return by subtracting 1 and multiplying the result by 100.

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