Hi Everyone, I have a question about YTD for 3 years. I have stock prices from 1st day of 2020 to present day of 2022 for some companies and i have to calculate YTD for these companies. How can i do this? I think that i can do three calculations of YTD for each companies:
1. ((last day of 2020 - first day of 2020) / first day 2020) *100
2. ((last day of 2021 - first day of 2020) / first day 2020)*100
3. ((current day of 2022 - first day of 2020) / first day 2020)*100
Will this calculation be correct to show how the company has changed from early 2020 to today?
YTD means Year to Date and is generally used to refer to the "current year" aka beginning of this current year until now.
Example: Today being September 10, 2022, so for the purpose of determining the performance of a companies stock year to date, it would be the period covering: January 1, 2022 until September 9, 2022 (stock price as of last market close).
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