Saturday, May 15, 2010

The Geo-Index -- Weekly Chart



The Geo-Index is my latest creation. Calculated weekly, it is based on the geometric average of the following six stock market indexes: S&P, FTSE, DAX, TSX, Nikkei, and the All Ordinaries. Think of it as an index of indicies.

There are several 'global' indexes to measure the value of equities worldwide, but they are all based in a single currency, dollars usually. The other day I decided I wanted a "currency neutral" global index, so I made up this Geo-Index.

Those moving averages are pretty neat looking, aren't they?