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S&P 500
5,567.19
(
1.06%
)
US TECH 100
19,828.00
(
0.95%
)
Dow Jones
39,375.87
(
0.17%
)
Brent Oil
86.78
(
0.00%
)
Bitcoin
57,250.86
(
-1.80%
)
Post# of 47147
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AIMStudent

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AIMStudent

Re: OldAIMGuy post# 44840

Monday, 11/23/2020 1:54:10 PM

Monday, November 23, 2020 1:54:10 PM

Post# of 47147
Re: IPOs and New Issues..

Hi Tom,

Thanks for posting this.

1. What does the vertical axis represent? For example, indicator is currently just over 4.00. What does 4.00 represent?

2. If I look at the high of just over 2.00 in 2018 (sometime in early Oct?) and calculate percentage returns of the broad market as represented by SPY in this case, I see the following which tends to support your research:

* 9 month return: +1.0%
* 12 month return: -1.6%
* 18 month return: +3.0%

How far back have you tracked this indicator?

Thanks,
AIMStudent
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