New Delhi, Feb. 26 -- Whenever you make an investment, you will be curious to know how your money is performing over time. There are several measures to check the performance of your investment. One such measure is absolute return.
Absolute return or total return is a measure used to estimate gains or losses made on an investment without comparing it to any benchmark or index. It shows the actual profit or loss generated over a period of time, independent of any other factors.
Absolute returns do not depend on any external comparison metric, unlike relative returns, which show an investment's performance by considering market indices.
Absolute return is expressed in percentage. The formula to calculate absolute return is - [(Current Va...
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