For simplicity, the closing prices on Dec 1, 1999 were used. That was aWed, the third day of trading under CDNX. Only stocks that closed at .10 or more, with 10k or more of volume were selected, resulting in a total of 1143 stocks. This was done using CSW.
These were imported into an Excel spreadsheet. Using a PCQuote feed into Excel, the latest trade price was retrieved. 127 instruments had to be discarded because PCQuote did not like them. These were mostly .UN and .DB listings over $10.
Once the stocks were divided into price categories the two best and worst performers were discarded -- i.e., 4 stocks per group -- a simple attempt to avoid skewing the data. This left us with 992 stocks. Of these, we had 597 advancers.
Here are the results:
TSE
.10-.495 .50-5.00 5.01-25 >25 ~~~~~~~~ ~~~~~~~~ ~~~~~~~ ~~~~~~~ Number of stocks: 95 214 195 87 Overall increase: 29% 18% 19% 20% Top performers: XLX,SLX MYT,HML IW,IFN BLD,IFM
CDNX
.10-.495 .50-5.00 5.01-25 >25 ~~~~~~~~ ~~~~~~~~ ~~~~~~~ ~~~~~~~ Number of stocks: 247 154 too few too few Overall increase: 27% 37% Top performers: TMC,LIR WV,SYD.U
And the winner by a full length is CDNX puppy stocks. The prize goes to our queen of puppies: Lola. She was first with the correct response on the Cdn-Puppy thread. After contacting her she declined the prize and asked for the cash value in its place. Figures...
During the same period we have:
SPX: 3% NDX: 28% TSE 300: 14%
Cheers. --Allan |