MG, Interesting Trivia
For the period ending November 30, 1998, the investment returns of the
Index for 1-, 3- and 5-year periods are 23.7%, 26.7% and 23.0%,
respectively. It is interesting to periodically look at the
performance of the stock "universe" as compared to the Index.
For 1 year:
Greater than 23.7% 1,213 stocks 17.4%
Greater than Zero but
Less than 23.7% 1,263 18.1
Less than Zero 4,488 64.5
For 3 years:
Greater than 26.7% 1,213 stocks 21.1%
Greater than Zero but
Less than 26.7% 2,246 39.0
Less than Zero 2,293 39.9
For 5 years:
Greater than 23.0% 837 stocks 19.0%
Greater than Zero but
Less than 23.0% 2,007 45.5
Less than Zero 1,565 35.5
Conclusion: The Index is "hiding" a lot of damage.
BTW, That is really neat to be able to create your own "composite".
Can you then use the technical indicators on your creation?
Berney |
