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PortMath weekly market update for April 21st 2014:

We think this market is extremely risky because the normal pattern of the Portmath indicators is now reversed. Our rankings have been adjusted accordingly.

The NIC is steady at 743. This value for the NIC means that the NYSE is acting like a market with the diversity of about 743 completely independent stocks.

New York Stock Exchange Summary

Download our top 20 NYSE stocks or learn more.

The average past returns of our top NYSE stocks is plotted on the graph below. Our higher ranked stocks gave better returns on average as shown by the following graph.

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743 is the current NIC for the NYSE and is an estimate of the number of truly different stocks in this exchange. Higher values of the NIC can indicate more robust markets.

Learn more about the NIC and risk.

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Average risk of our top ranked stocks:

The average past standard deviations of our top NYSE stocks is plotted on the graph below which shows that higher ranked stocks had smaller standard deviations on average.

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Disclaimer

The information on this website:
  • is for the purposes of assessment only
  • is experimental and not suitable for any kind of use by investors except appraisal
  • does not in any way constitute investment advice
  • is not guaranteed to be error free or uninterrupted