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Quarterly vs. annual return.

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Posted by Harry Teder on December 31, 2006 at 18:41:43:

To find the quarterly return on my portfolio, I’m using Custom Report, %Gain (end), and changing the Period: Start – End settings as 1-1-06 and 3-31-06, 4-1-06 and 6-30-06,etc. However, when I set the Period for the whole year, the reported %Gain differs substantially from the sum of the quarterly Gains (13.25 for year, 26.85 for sum). Is that to be expected? Thank you & Happy New Year.



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