Fund Manager
PORTFOLIO MANAGEMENT SOFTWARE
Contact Us

Re: ROI bug

[ Q1-Q3 99 Archive ] [ Current Message Board ] [ Archives ] [ Search ]

Posted by Gary on June 01, 1999 at 21:12:01:

In Reply to: Re: ROI bug posted by Mark on May 29, 1999 at 09:05:09:

: : Hi...Mark,

: : Similar to the "Gain Graph Bug" I reported on 4/15/99,
: : the "ROI gph" calculation does not seem to include
: : transactions that are made on the starting date of the
: : graph. Can this be corrected when FM 4.1 comes out?

: : Thanks,
: : Gary

: Gary,
: It works that way for all graphs, the "gph"
: term of the yields starts with the ending value
: on the beginning graph date. It probably would
: be more consistent to have it start with the
: value the day before the graph beginning date, so
: that investments on the graph's beginning date
: are included as transactions, and not beginning
: value, in the yield equation.

: Thanks,
: Mark

Hi...Mark,

Graphs, reports, everything should include transactions
on the beginning date. I'm sure the vast majority of
your users believes it should be done that way.
Investors think about their gain/loss from the date
they made their investment. In case of a new
investment the previous day closing value
(ie. zero) doesn't mean a whole lot. So I shouldn't
need to start the graph, or report on a date
previous to the first transaction of an investment.

Gary



Replies:



FundManagerSoftware.com | Search | Site Map | About Us | Privacy Policy