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PortMath market update for August 17th 2014:

Next update: September 1, 2014.

We think this market is risky because the normal pattern of the Portmath indicators is still reversed.

The NIC has fallen to 884 so the current diversity of the NYSE is roughly equivalent to 884 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 may be recovering as shown on the left of the graph.

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884 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 lower volatility 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