Total Return

[RoccoLee]

Total Return = Spot Return + Collateral Return + Roll Return,
Spot Return = Change in spot prices
Roll Return = Change in future prices - Change in spot prices
So,
Total Return = Collateral Return + Change in future prices.
Is this right?

 

[S2000magician]

Yup.

 

[sunseeker]

Correct in my eyes, that’s for commodity prices i’d say.

 

[RoccoLee]

Thanks to both of you!