Monthly-average index growth rate — iMA_eiul • mqriskR

Computes the monthly-average index growth rate from an initial index value and 12 monthly closing values, matching Equation (16.13).

Usage

iMA_eiul(index)

Arguments

index: Numeric vector of length 13 containing the initial index value followed by the 12 monthly closing values.

Value

Numeric scalar.

Examples

idx <- c(1000, 1020, 1100, 1150, 1080, 1040, 960, 1030, 1000, 1070, 1150, 1200, 1150)
iMA_eiul(idx)
#> [1] 0.07916667