Harmonic Average
The mean of a set of positive variables. Calculated by dividing the number of observations by the reciprocal of each number in the series.
Also known as "harmonic mean". Investopedia Says:
Alternately, the harmonic average could be thought of as the reciprocal of the arithmetic mean of inverse values. Related Terms:
Arithmetic Mean
Arithmetic Mean Average
Fixed-Charge Coverage Ratio
Geometric Mean
Price-Earnings Ratio - P/E
Trimmed Mean |