Finicade
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Level 5 · ◆◆ · ~12 min

Rates, Returns & Money-Weighting

How to measure a return — and why there's more than one way.

"Same portfolio, two 'returns'. Knowing which to use is the whole skill."

holding period returngeometric meanmoney-weightedtime-weightedreal return
🚀 You're jumping ahead. This builds on Time Value of Money — but play it now and you'll still earn full XP. If it feels steep, those make a gentler on-ramp.

A short lesson, then a quiz. ❤️×3 — a wrong answer costs a heart; finish with at least one left and the level is yours. Lose all three and you'll have to try again. Replay any time — XP and cleared levels are never lost.