1 Month Price Returns (Daily) is a measure of the percentage change in the value of an investment over a one-month period, calculated using the daily closing prices of the investment.

**Example:**

Let's say you bought 100 shares of ABC Company at $20 per share on January 1st. Over the course of the next month, the daily closing prices of ABC Company were as follows: January 2nd: $21 per share, January 3rd: $22 per share, January 4th: $20 per share, and so on, with the last trading day being January 31st, when the closing price was $25 per share.

To calculate the 1 Month Price Returns (Daily) for your investment, you would first calculate the daily returns for each trading day using the following formula:

Daily Return = ((Today's closing price - Yesterday's closing price) / Yesterday's closing price) x 100%

For example, the daily return for January 2nd would be calculated as follows:

Daily Return on January 2nd = (($21 - $20) / $20) x 100% = 5%

Similarly, you would calculate the daily returns for each trading day over the course of the month. Then, you would calculate the 1 Month Price Returns (Daily) by summing up the daily returns for the entire month and dividing by the number of trading days in the month. In this example, assuming there were 22 trading days in January, the 1 Month Price Returns (Daily) would be calculated as follows:

1 Month Price Returns (Daily) = (Sum of daily returns for the month / Number of trading days in the month) x 100% = ((5% + 5.5% - 9% + ... + 25%) / 22) x 100% = 3.5%

So in this example, your investment in ABC Company generated a 1 Month Price Returns (Daily) of 3.5% over the course of the month of January, based on the daily closing prices of the stock.