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The
Sensex is
up
28.39%
so far in
the
calendar
year
2017,
while the
Nifty is
up
29.22%.
Now the
question is; what could be the target or return percentage
expectation for 2018? To ascertain that there are two formulas,
which are as follows:
1. Bogle’s formula:
2. Mean+1 Formula:
The returns from the index over short periods of time can be said
to be Normally Distribution (ND) and ND is defined by mean and
standard deviation with a bell-shaped curve.
Remarks: