What Do the Odds Say? Buy Stocks Begin of Year?
At some point in 2013, I read (can’t remember where) that 2012 was a rare year for the S&P 500 where no day’s closing price was lower than the closing price for the first day. So if you bought on the first day of 2012, you never had a loss for the entire year. Well, the same thing happened 2013, so I just had to do some analysis. Below is a dimple.js chart built using rCharts with the minimum close price for the year divided by the close price for the first day of that year.
data source: Yahoo! Finance, Standard & Poors
To leave a comment
for the author, please follow the link and comment on his blog: Timely Portfolio
offers daily e-mail updates
news and tutorials
on topics such as: visualization (ggplot2
), programming (RStudio
, Web Scraping
) statistics (regression
, time series
) and more...
If you got this far, why not subscribe for updates
from the site? Choose your flavor: e-mail
, or facebook