Geometric mean of returns can be calculated as
Let us say that there are returns over a period of time as follows
20% , 15%, 25%, -20%, 10%
(1+x)^5=(1+,20)*(1+.15)*(1+.25)*(1-.2)*(1+.1)
x = (1.2*1.15*1.25*0.8*1.1)^1/5
x =
32+ Years...
6 years ago

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