PortfolioMetrics
Performance Metrics
Detailed Returns

3M Return

Definition

The three months return represents the cumulative return of an investment over the past three months, measuring the percentage change in value during this quarterly period.

Formula

3M=(i=131+Ri)131\text{3M} = \left(\prod_{i=1}^{3} 1 + R_i\right)^{\frac{1}{3}} - 1

where RiR_i is the return for month ii.

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