Cumulative Time Weighted Return (TWR) is calculated by geometrically linking the sub period (daily) returns. Please review our Money Weighted Return and Time Weighted Return white paper that outlines how TWR and Cumulative TWR are calculated.
How is Cumulative TWR calculated?
Powered by IBot
How do you calculate Time Weighted Return?
Should each daily CTR add up to the time period CTR?
How do you calculate Money Weighted Return?
How do you calculate risk measures?