Capital gains yield
Capital gains yield is a yield that results from changing prices and is calculated as (P1 − P0)/P0, where P0 is the beginning-of-period price and P1 is the end-of-period price.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Capital gains yield. Results from changing prices and is calculated as (P1 − P0)/P0, where P0 is the beginning-of-period price and P1 is the end-of-period price.
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Capital gains yield. The capital gain during a given year divided by the beginning price.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.