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PortMath weekly market update for August 24th, 2015

Market diversity has deteriorated with the NIC falling to 706 this last week.

New York Stock Exchange Summary

Download our top 20 NYSE stocks or learn more.

Our algorithm for ranking stocks ignores the usual performance indicators but there is still a significant relationship between a stock's price and our ranking as the red curve shows.

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706 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 our higher ranked stocks had smaller standard deviations on average.

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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