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Percentage change

As explained in Investing for Programmers

A percentage change is the relative increase or decrease in a quantity expressed as a percentage of its original value.

Percentage change expresses an increase or decrease relative to the original value. It makes assets with different prices or investment sizes easier to compare than raw dollar gains. section 6.5.1

Compare relative performance

A $300 gain can represent a 30% return, while a $250 gain can represent a 50% return, depending on the original investments. The percentage view can therefore rank performance differently from the dollar view. section 6.5.1

Use percentage change alongside dollar values and across multiple time frames. A large portfolio increase may feel more significant, while a short-term percentage can look worse than the long-term trend. section 6.5.1

How Investing for Programmers covers it

How deep it goes
Contrasts percentage and dollar gains with concrete values but stops short of implementation or formula derivation.
Examples
Uses Company A and Company B to contrast $300 and $250 gains with 30% and 50% returns.
What it assumes
Assumes the reader can identify an investment’s original value and compare it with its gain.
What you can do after
Evaluate/understand asset performance using relative returns rather than relying only on dollar changes.
How it connects
Connects percentage change to stock performance, portfolio value, investment returns, and time frames.

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This explainer was generated by Manning's knowledge graph from the text of Investing for Programmers. The section links point to the parts of the book it draws on.