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Geometric Mean Return
Geometric Mean Return
A way of calculating compound returns on an investment or savings over a set period of time.
A way of calculating compound returns on an investment or savings over a set period of time.
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Wall Street
A street in New York that became a figure of speech for the financial markets of the US.
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Profit and Loss Statement (P&L)
A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.
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Investment Return
The amount of money made or lost from an investment. Usually expressed as a percentage.
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Fixed Income
An investment that provides a fixed rate of return, often over a specific set of time.
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Over-The-Counter (OTC)
A security that is sold outside of an exchange.
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Net asset value
Mutual funds and investment trusts are priced on their net asset value (NAV).
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Synthetic ETFs
An ETF that that reproduces the return of an index through the use of swaps.
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Clean price
The quoted price of a gilt, which excludes accrued interest
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Hypothesis Testing
A mathematical test used to determine whether a claim is true or false.
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