Projects the year to date returns over a full 12-month calendar year. Mo.html#eful for projecting return for money market funds, CDs, and bonds. Return for equities can be misleading if YTD return is high and covers a shorter period of time. See also TOTAL RETURN.
a rate of return over a full calendar year on an investment that is held for less than a full calendar year
The constant rate of return that, compounded annually, would yield the same overall return for a multi-year period as the actual return observed; or the cumulative return, when the time period is one year or less.