Re: index overlay

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In Reply to: index overlay posted by Bill on November 02, 2003 at 18:54:36:

: Mark, I've added DJI, SP500 and NasComp as indexes for comparison to my portfolio. On the Portfolio/Investment Overlay chart, it takes the beginning value of my portfolio as the beginning value of the 3 indexes (20,000), then seems to scale the indexes to compare with my portfolio. The problem is that the NasComp, starting at 20,000 in March 2000, is currently at 1,971 (down 90%, should be down 61%); SP500 is at 8,263 (down 58%, should be down 31%); DJI is at 11,732 (down 41%, should be down 12%). This seems like the scaling is screwy. What am I missing here?

: Bill

Hi Bill,

In the "Value" version of this graph type any money you put into or take
out of your portfolio during the graph period will affect the value
of both your portfolio and the hypothetical index value. This can cause
it to be different than if you just compare the movement of the index
to the movement of the index's "value" with your purchase history.

If you look at the "Price + Dist." version of this graph you will see
more what it sounds like you were expecting.

Please let me know if that doesn't explain what you're seeing.

Thanks,
Mark
--
Mark Beiley

Fund Manager, portfolio management software for Windows 95/98/ME/NT/00/XP

Replies:

• Re: index overlay Bill 09:18:47 11/03/03 (3)
  • Re: index overlay Mark 14:03:48 11/03/03 (2)
    • Re: index overlay Bill 14:39:19 11/04/03 (1)
      • Re: index overlay Mark 19:14:02 11/04/03 (0)