How can I measure the success of my investment portfolio?
An example of an AI chatbot conversation about measuring portfolio success.
How can I measure the success of my investment portfolio?
You can measure your portfolio's success by looking at metrics like total return, risk-adjusted return, and comparing it to a benchmark.
What is a good benchmark to use for comparison?
A common benchmark is the S&P 500 index, as it represents a broad market and can help you gauge your performance.
How do I calculate the total return on my portfolio?
Total return can be calculated by taking the ending value of your portfolio, subtracting the initial value, and then adding any dividends received.
What about risk-adjusted return? How is that calculated?
Risk-adjusted return is often calculated using the Sharpe ratio, which measures return per unit of risk. You can find it by subtracting the risk-free rate from your portfolio return and dividing by the portfolio's standard deviation.
Use ChatGPT in Telegram
Get this answer and more from ChatGPT in Telegram, try it for free!
Get Started For FreeWhat can MagicBuddy do?
The Friendly AI in Your Pocket
Powered by advanced language models trained on billions of online words and conversations, MagicBuddy delivers friendly and helpful chat on demand.
Ask questions and get answers. Crack jokes and get laughs. Or even get writing ideas and study help. MagicBuddy's conversational intelligence allows for a truly unique and useful chat experience.
Curious? Try these prompts:
Telegram's Best AI-Powered Chatbot
MagicBuddy is incredibly easy to use and the responses are lightning fast! 🥇
Impressive! MagicBuddy is my go-to AI assistant. It’s quick, accurate, and user-friendly.
Sending voice messages makes it easier to use in the middle of the day and the answers are super fast.
Love it! A friend of mine told me about it and it has made my life so much easier. It’s like having a helpful friend in my pocket!
I use 2 months already, simply amazing! MagicBuddy delivers answers in a snap. It’s a must-have tool for staying informed!
Game-changer! MagicBuddy’s speed and accuracy are unmatched. It’s my secret weapon for productivity
Talk to ChatGPT on Telegram
Say Hello to Your New Telegram BFF - Try MagicBuddy Free!
Get Started For Free