Re: very high numbers for yield

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Posted by Mark on August 28, 2006 at 00:12:46:

In Reply to: Re: very high numbers for yield posted by jeffrey on August 27, 2006 at 22:31:08:

: on stock A, the negative amount was smaller than the 6 decimal places?

Yes. This can happen as floating point numbers are stored with a finite precision. Fund Manager is supposed to ignore anything that is smaller than past 6 decimal places.

: on stock B: FM figured the return as if the two week 35% gain was happening for the entire year?

Yes, that is one way to look at it. You can think of it like this: If you had stayed invested in that investment for the whole year, and for the whole year you performed as well as you did when you were actually invested in it, you would have earned that high yield.

Thanks,
Mark
--
Fund Manager - Portfolio Management Software

Replies:

• Re: very high numbers for yield jeffrey 11:42:41 08/28/06 (3)
  • Re: very high numbers for yield Mark 12:55:47 08/28/06 (2)
    • Re: very high numbers for yield Jeffrey 13:51:43 08/29/06 (1)
      • Re: very high numbers for yield Mark 14:07:50 08/29/06 (0)