• Income is the change in the price of an asset, investment or project over time, which can be represented as a price change or percentage change.

  • A positive return represents a profit, and a negative return means a loss.
  • Earnings are often annualized for comparison purposes, while holding period earnings calculate the profit or loss over the entire investment holding period.
  • Real yield takes into account the impact of inflation and other external factors, while nominal yield is only interested in price changes.
  • The total return on shares includes the change in price, as well as dividend and interest payments.
  • There are several yield ratios to use in fundamental analysis.