holding period return


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Holding Period Return

The return on an investment during the time one holds the investment. The HPR is calculated by taking the income and other gains on the investment and dividing it by the historical cost. It is a useful way to compare the expected return to the actual return. The HPR may be calculated for any type of investment. It is also called the holding period yield (HPY).

holding period return (HPR)

The return achieved on an investment including current income and any change in value during an investor's holding period. This measure proves useful in comparing expected returns on different investments. Also called holding period yield.
References in periodicals archive ?
As detailed below, the above-posed research question was explored through analysis of several corporate financial performance measures with the long-term holding period return of the firms in the S&P 1500 over three sequential five-year periods.
(1) For stocks in month t, we calculate the holding period returns from t- 12 to r - 2 months.
We first tried regressing the daily holding period return for the SSECI on a variety of Asian indices.
In order to make a comparison, the paper predicts consumer durable production by employing the model that appears in column 3 of Table 2, which keeps Romer's specification of stock price variability, but includes a holding period return that is lagged 12 months.
Return estimation problems continue to affect those market studies which utilize closing prices to measure mean holding period returns. The return estimation problem is particularly relevant for size effect studies.
For example, the most often cited research using property-specific data to calculate holding period returns makes these classifications (see Miles and McCue, and Hartzell, Hekman, and Miles, in the Bibliography).
Perf is the 'holding period return' in percent, which are the numbers in the upper part of the table.
After 24 months in their postmatch period, Greif's holding period return is 100%, while Xerox's holding period return is -36%.
Holding period returns were calculated subsequent to the FFRT change for 5-day, 10-day, 30-day periods, and for the entire interval of time before the FFRT changed again.
[W.sub.t] is the one year holding period return of the deflated stock market index calculated from September of year t - 1 to September of year t.
With regard to the holding period return of 21.47%, Wahlgren considered the risk-free yield on U.S.
Wahal (1996) also shows that holding period returns did not significantly improve after being targeted, and pension funds do not exclusively target underperforming firms.