Someone asked a question in an email about some of the figures I use in my End of the Month posts, as follows. I thought the answer would be helpful to anyone else who was puzzled:
I’m unclear how you could be up 173.8% YTD, but at 273.8% from where it started the year
If you start the year at $40, that is 100% of what you started with.
If you are now at $45, you are up 12.5% on the year, and are AT 112.5% of where you started.
If you are now at $35, you are down 12.5% on the year, and are AT 87.5% of where you started.
If you are now at $85, you are up 112.5% on the year, and are AT 212.5% of where you started.
Simple as that.
Saul