Simple rate of return comparisonThis simple indicator compares RoR for up to eleven assets over a period described by the "Offset" input variable.
RoR type may be:
Classical logarytmic RoR: log((Po - Pn)/Po).
Percent growth: (Po - Pn)/Po.
Fiat evaluaton based on "Budget" input roperty: $ * (Po - Pn)/Po.
If the "Relative" option is selected, the RoR of the base asset will be deducted from the asset's ROR.
If the "SMA easing" option is selected, RoRs will be eased by a simple moving average of "Offset" bars.
ROR
Return on Investment (ROI)Return on Investment (ROI) is a performance measure used to evaluate the efficiency of an investment in a particular asset.
This tool provides a %-based ROI that can be calculated starting from a specific date or across the entire history of an instrument.
Don't forget to toss a coin to your witcher (see the requisites below)