M1L5 03 Log Returns V5
log return =R=ln(ptpt−1) = R = \ln\left(\frac{p_t}{p_{t-1}}\right) =R=ln(pt−1pt)
raw return = r = pt−pt−1pt−1 \frac{p_t - p_{t-1}}{p_{t-1}} pt−1pt−pt−1
R=ln(r+1) R = \ln(r+1) R=ln(r+1)
r=eR−1 r = e^R - 1 r=eR−1
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