wealth {timeSeries} | R Documentation |
Conversion of an index to wealth
Description
Converts an index series to a wealth series normalizing the starting value to one.
Usage
index2wealth(x)
Arguments
x |
an object of class 'timeSeries'. |
Value
returns a time series object of the same class as
the input argument x
normalizing the starting
value to one.
Examples
## Load MSFT Open Prices -
INDEX <- MSFT[1:20, 1]
INDEX
## Compute Wealth Normalized to 100 -
100 * index2wealth(INDEX)
[Package timeSeries version 4030.106 Index]