3 ms·
Although, the Dow doesn't really go back that far either in the sense that it swaps out stocks occasionally, which could cause spurious conclusions to be drawn
by computerphage 7y ago
Although, the Dow doesn't really go back that far either in the sense that it swaps out stocks occasionally, which could cause spurious conclusions to be drawn if not accounted for.
- kgwgk 7y agoThe S&P 500 does also swap stocks, and more often :-)
- kenneth 7y agoIf the data exists for the underlying stocks in the market, a far better indicator would be to do an IRR calculation on every stock in the market, or every stock above a certain market cap threshold (inflation-adjusted). Easy enough.