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Hi,
Upon request, I had recently submitted an exploration output of those
same calculations (as opposed to the graphics). After reading that,
progster posted a modification which I believe used the end of month
calculations the way you might expect.
See post http://finance.groups.yahoo.com/group/amibroker/message/125857
Mike
--- In amibroker@xxxxxxxxxxxxxxx, "tipequity" <l3456@xxx> wrote:
>
> on october 11th 2007, TJ posted a wondeful example of Low-Level gfx
> code showing monthly and yearly returns. Today I notice that for the
> yearly calculation it uses close at end of the first trading day of
> first year and compare it to the first trading day of the 2nd year.
In
> my opinion this is an incorrect calculation of yearly change. It
> excludes the movement in prices of the first trading day of first
year
> and includes the price movement of the first trading day of next
year.
> Looking at the code it seems to me that it makes the same mistake is
> made in calculating monthly returns.
>
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