ARTICLE SYNOPSIS...ASSESSING A SINGLE EQUITY INVESTMENT The total return on an equity investment reflects both capital gains and periodic income such as dividend payments. Specifically:
ARTICLE SYNOPSIS...SIDEBAR: Assessing volatility's predictive value To assess the predictive value of volatility, I reviewed 1,443 days of price action on the Standard & Poor's 100 stock index, starting on May 15, 1984. Volatility was measured by the standard deviation of