Subject: Re: NAS Consolodators
Thanks, Ray.
There is, in fact, link rot at the previous one (its the same link I had). Unfortunately, the tr(L,D) and trp(L,D) above does not specify if it is the most recent or the lagged date that goes in the divisor. I can see doing it either way, but mathematically it seems right that it is:
tr(L,D) = [Price(L) - Price(D)]/[Price(D)]
Can anyone else find the definition?
Thanks, G.