Registered User Joined: 3/4/2005 Posts: 2
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Why is the relative strength 1-yr SP500 say for DOW=409 in TC2000 at 71 at Morningstar and other sources? Does 409 mean it preformed 4 times better than SP500 over past year?
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Administration
Joined: 9/30/2004 Posts: 9,187
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DOW returned around 102% over the last year and the SP-500 down around 34%. The Morningstar site shows DOW 1 year return % as 101.6, which +70.2% better than the SP-500 (that's where your 71 value comes from).
We'll have to contact Morningstar to find out how they arrived at 409. By my calculations this number should be around 300 (102% / 34%).
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Worden Trainer
Joined: 7/11/2006 Posts: 332
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Lencho47,
Morningstar is working with your request. We hope to have an answer for you very soon.
Thanks for your patience!
Tal_E
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