Time-Weighted Return Calculator

Calculate time-weighted return (TWR) to measure investment performance independent of cash flows.

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Important Financial Disclaimer

This calculator provides estimates based on standard financial formulas from verified references. Results are for informational and educational purposes only and should not be considered as professional financial, investment, or tax advice.

For important financial decisions such as loans, investments, mortgages, retirement planning, or tax matters, please consult with qualified financial advisors, certified financial planners, or licensed tax professionals who can review your specific situation.

Calculations may not account for all variables specific to your circumstances, local regulations, or current market conditions. Always verify results and consult professionals before making financial commitments.

Not a substitute for professional financial advice

Sub-Periods

Period 1

Start Value

End Value

Cash Flow

Period 2

Start Value

End Value

Cash Flow

Period 3

Start Value

End Value

Cash Flow

TWR Formula: Product of (1 + HPR) - 1, where HPR removes cash flow impact

Time-Weighted Return

+7.29%

Over 3 sub-periods

Annualized TWR

+32.51%

Geometric Mean

+2.37%

Sub-Period Returns

Period 1+5.00%

Period 2-2.61%

Period 3+4.92%

Summary

Initial Value$10,000.00

Total Cash Flows$1,000.00

Final Value$12,800.00

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