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Re: [amibroker] Days per year (was Re: compound interest)



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At 01:34 AM 12/10/2003 +0000, you wrote:

The years 61 - 00 in the US had 10071 market days or 251.775 / year.
Personally I use 252 for years, 21 for months.

--- In amibroker@xxxxxxxxxxxxxxx, Nigel Rowe <rho@xxxx> wrote:
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> So what are everyones preferred constants?
>
> I use 252 days/year, which has the nice property of being divisible
by 12, so
>
>       21 days/month
>       4.2 weeks/month
>       50.4 weeks/year
>
> and assumes about 8.9 days (from 365.25/7*5=260.9) closed, which
isn't too far
> out for the asx.
>
> In 2003 there were 8 non-trading days and 1 early close.  In 2004
there will
> be 8 non-trade and 3 early close.  I'm ignoring the no settlement
days.
> (reference 
<http://www.asx.com.au/about/Calendar_AA2.shtm>http://www.asx.com.au/about/Calendar_AA2.shtm 
and
> 
<http://www.asx.com.au/about/Calendar2004_AA2.shtm).>http://www.asx.com.au/about/Calendar2004_AA2.shtm).
>
> Any other opinions?
>
> On Wed, 10 Dec 2003 11:14 am, Fred wrote:
> > 258.3 ?! hmmm ... let's see 52 weeks * 5 days / week = 260.  I
guess
> > there are only 1.7 market holidays / year.
> >
>
> - --
>       Nigel Rowe
>       rho@xxxx
>
>
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