Making Sense of Geometric Linking
$25
Making Sense of Geometric Linking
David Spaulding, DPS, CIPM, TSG
Geometric linking is something anyone involved with performance measurement does. But, how many really understand why we do it and why it makes sense? This article will address why we don’t use arithmetic linking to extend returns across time as well as why geometric linking doesn’t work for short positions.
Making Sense of Geometric Linking
David Spaulding, DPS, CIPM, TSG
Geometric linking is something anyone involved with performance measurement does. But, how many really understand why we do it and why it makes sense? This article will address why we don't use arithmetic linking to extend returns across time as well as why geometric linking doesn't work for short positions.
