The Rate of Return on an investment can be defined in many different ways. In response to the ROCAR defined by Tom Veale was a great improvement but for me it was not yet the “sliced bread” I was looking for.
I “invented” the Return On Time Averaged Investment----ROTAI. Still I realised that one could base yield in Invested Capital and that this is a good definition too. . .but still it did not satisfy me for he Vortex program. . . Invested Capital usually also fluctuates in time.
I now have introduced the yield on the basin of Return On Time Averaged Capital]/b] in a portfolio-------ROTAC.
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