Page Comparison

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1. Calculate the geometrically compounded portfolio and benchmark returns for the total period and the excess difference:
   

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1. Image AddedCalculate the multi-period scaling factor:

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1. Image AddedCalculate single-period excess returns for each period:

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1. Image AddedCalculate the sum of the single-period excess returns across periods:
   

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2. Calculate the sum of the squared single-period excess returns across periods:
   

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Calculate Single Period Statistics

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