timeSeries: fin-wealth – R documentation

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fin-wealth

Conversion of an index to wealth

Converts an index series to a wealth series normalizing the starting value to one.

index2wealth(x)

`x`	an object of class 'timeSeries'.

returns a time series object of the same class as the input argument x normalizing the starting value to one.

## Load MSFT Open Prices  - 
   INDEX <- MSFT[1:20, 1]
   INDEX
   
## Compute Wealth Normalized to 100 - 
   100 * index2wealth(INDEX)

Financial Time Series Objects (Rmetrics)

v3062.100

GPL (>= 2)

Authors

Diethelm Wuertz [aut] (original code), Tobias Setz [cre], Yohan Chalabi [ctb], Martin Maechler [ctb] (<https://orcid.org/0000-0002-8685-9910>)

Initial release

2020-01-24