|
PureBytes Links
Trading Reference Links
|
Don,
It appears you're on the right track on this. A few months back Investors Business Daily reported that some studies have indicated that a stock's performance is 49% due to the industry, 31% due to the market, and 20% due to the company itself. I think intuitively one might believe that the company itself has a much, much greater effect.
Gregg Murray 10/15/97
At 04:02 AM 10/16/97 +0000, Don Green wrote: >The basic movement of a stock is determined by the following. > >70 percent of a stock's value is based on the general movement of the >overall market. > >20 percent is based on the industry or sector the stock is in.. > >10 percent: only 10 percent of the value is based on the actual stock >itself... > >Regards >Don Green
|