SP 500 % Price Change: 60 Yrs Monthly Daily
Source: http://feedproxy.google.com/~r/qvmgroup/yrMF/~3/frGhYPezf6U/6495Posted on Wednesday, October 21st, 2009 | In Investing Lessons, Market Commentary
These two charts present the monthly and daily percentage price changes in the S&P 500 from January 1950 through the most recent period in 2009, roughly 60 years.
After the exceptional experiences of the past year, a long-term look back may be helpful. Of course, we are in a different environment than the U.S. has seen since 1950, and the U.S. economy has been and is in continual change, but an awareness of history is still a good thing to have.
click image to enlarge
Monthly Price Change
If you take the 80% of months in the middle, the extremes of monthly change were -4.40% and +5.35%.
If you take the 90% of months in the middle, the extremes of monthly change were -6.20% and +7.13%.
Daily Price Change
If you take the 80% of days in the middle, the extremes of daily change were -0.98% and +1.01%.
If you take the 90% of days in the middle, the extremes of daily change were -1.42% and +1.44%.
Neither of these charts provides data about back-to-back runs of monthly increases or declines.
Different investors will make different use of this sort of information, but we wanted to put it out there for those who may find it useful or insightful. It’s good to have a sense of the “thing”. Investors often write to us for long-term data such as this. Then again, some will say “so what” and that’s OK too. We think in some way, at some time, it would be helpful to have these statistics available.
Related S&P 500 index funds: SPY, IVV and VFINX.
Disclosure: We own SPY in some managed accounts.
Richard Shaw
QVM Group LLC
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 About Richard Shaw (http://www.QVMgroup.com)
Richard is a principal of QVM Group LLC, a fee-based investment advisor based in Connecticut with clients across the country. He provides investment coaching to "do-it-yourself" investors, and manages portfolios for those who prefer not to make their own decisions. His investment approach is based on value, asset allocation, benchmarking, expense control, risk management, customizing portfolios to each client's specific circumstances, and regular communication about strategy and performance. The QVM Group team also provides municipal refinance services, strategic business planning and financial analysis service for new ventures, private acquisition analysis, and custom investment research. Richard's extensive experience, includes serving on the Board of Directors of Aberdeen Asset Management PLC (London Stock Exchange: ADN), membership on the Board of Directors of Phoenix Investment Counsel (renamed Virtus Investment Advisors), a U.S. pension manager and investment advisor to the Phoenix Funds (renamed Virtus Funds), as well as serving as Managing Director of a series of offshore investment funds based in Luxembourg. He has led institutional asset management sales and had overall responsibility for management of a U.S. mutual funds broker-dealer. He was a charter investor and member of the Board of Directors of several internet companies, including Lending Tree prior to its IPO. He is a graduate of Dartmouth College. QVM Group LLC is a Registered Investment Advisor. Visit the QVM Group website http://www.qvmgroup.com/QVMinvest/ |
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