Geometric mean and ISO 20022: Difference between pages

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Geometric mean returns are calculated by taking account of compounding.
ISO 20022 is the international standard for financial messages, issued by the the International Organization for Standardization (ISO).  
(Contrasted with the arithmetic mean, which ignores compounding).


For example, the geometric mean return calculated from sample returns of 4%, 5% and 6% is given by:
  (1.04 x 1.05 x 1.06)<sup>(1/3)</sup> -1 = 4.9968%.


== See also ==
==See also==
* [[Arithmetic mean]]
* [[MT]]
* [[MX]]
* [[ISO]]
* [[ISO currency codes]]
* [[Society for Worldwide Interbank Financial Telecommunications]] (SWIFT)


==External link==
* International Organization for Standardization - http://www.iso.org/iso/home.htm
[[Category:Cash_management]]
[[Category:Financial_products_and_markets]]
[[Category:Liquidity_management]]
[[Category:Technology]]

Revision as of 14:28, 1 December 2021

ISO 20022 is the international standard for financial messages, issued by the the International Organization for Standardization (ISO).


See also


External link