OPEN-SOURCE SCRIPT
Telah dikemas kini Total Return
This script calculates a Total Return index for stocks that shows the total performance of a stock, incorporating returns from both the share price and dividends.
To understand this, consider the situation where you invest in a 5% div stock and hold the position for 10 years. Assume at the end of 10 years, the price has gone up by 50%. A price chart will then show a 50% return, but in reality the investor has also received 50% of the initial investment in dividends, making his total return substantially more. Exactly how much more depends on whether the investor reinvested the dividends in the stock, or just held them as cash. If the former, his total return will be well over 100%; in the latter, his total return will be 100% exactly.
There are 2 input options:
- Dividend type: allows the user to choose "gross" or "net". Note that most stocks will have a "gross" data series whereas many will not have a "net" series.
- Reinvestment: allows the user to choose whether dividends should be reinvested in the stock ("Yes") or held in cash ("No").
Total return formula:
- With reinvestment: log((today's closing price + dividends paid today) / (yesterday's closing price))
- Without reinvestment: log(today's closing price / yesterday's closing price) + log (dividends paid thus far / first closing price)
To understand this, consider the situation where you invest in a 5% div stock and hold the position for 10 years. Assume at the end of 10 years, the price has gone up by 50%. A price chart will then show a 50% return, but in reality the investor has also received 50% of the initial investment in dividends, making his total return substantially more. Exactly how much more depends on whether the investor reinvested the dividends in the stock, or just held them as cash. If the former, his total return will be well over 100%; in the latter, his total return will be 100% exactly.
There are 2 input options:
- Dividend type: allows the user to choose "gross" or "net". Note that most stocks will have a "gross" data series whereas many will not have a "net" series.
- Reinvestment: allows the user to choose whether dividends should be reinvested in the stock ("Yes") or held in cash ("No").
Total return formula:
- With reinvestment: log((today's closing price + dividends paid today) / (yesterday's closing price))
- Without reinvestment: log(today's closing price / yesterday's closing price) + log (dividends paid thus far / first closing price)
Nota Keluaran
Deleted some comments.Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.