GEOMETRIC MEAN
Average of a set of products, computing the commonly used to identify the performance results of an investment or portfolio. It is technically defined as "the ‘n’th root product of ‘n’ numbers". Computed as:
{Return 1 x Return 2 x … Return n}1/n
n = number of returns in the series
This can be used when working with percentages (derived from values), inasmuch as the standard arithmetic mean works with the values themselves.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 12:00 | CBI retail sales volume balance | Apr | |
| 01:01 | BRC Shop Price Index | Apr | |
| 01:30 | Unemployment Rate | Mar | |
| 05:04 | BoJ MPC Interest Rate Announcement | Apr | |
| 05:04 | Monetary Policy Meeting Minutes | ||
| 05:04 | BOJ Outlook Report | ||
| 07:00 | BOJ Core CPI | Mar | |
| 08:30 | Bank of Japan Press Conference | ||
| 09:00 | Unemployment Rate | 1 quarter |
