3 ms·
Sorry, I think static was not the correct word; I think I meant absolute, ie Tesla stock being worth $1k is the same for everyone. This is not the case with ben
by stingraycharles 7y ago
Sorry, I think static was not the correct word; I think I meant absolute, ie Tesla stock being worth $1k is the same for everyone. This is not the case with benchmarks, where the numbers are fairly meaningless and different for everybody, depending on their hardware.
- knorker 7y agoHow is it not the same with stock and funds, e.g. what I linked to? What I linked to doesn't show the fund price, it shows the value normalized. Just like benchmark values usually are. It's not the normalization I (and others) am saying is bad, it's the graph. But yes, stocks are usually shown graphed with their ticker value. Funds are usually not.