PortMath market update for September 15th 2014:
The NIC has fallen to 716 and his dropped over 300 in the last two months which may indicate increased risk.
New York Stock Exchange Summary
The average past returns of our top NYSE stocks is plotted on the graph below. On average, our higher ranked stocks have done better than the market average over the last year.
716 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.
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 our higher ranked stocks have smaller standard deviations on average.