bobandsherry
Thinks s/he gets paid by the post
- Joined
- Nov 24, 2015
- Messages
- 2,692
With inclusion of Telsa in the S&P 500 forthcoming, I took a look at the history of companies in the S&P over time. I found this chart interesting, shows the relative age of companies over time (since 1970).
I found it interesting to see how the relative "age" of companies have changed over time, and looked at when the relative age of companies hit a low. Example, lows in/around 1975, early 1980's, 1990, 1999 and 2008.
Market is heading towards another low again..... Inclusion of Tesla will more than likely drop this further. Draw your own conclusion or inferences, but I found it interesting to see how those lows align to key periods of challenges in the market. Also note what happened after those events, the relative age of companies in the S&P shot way up - flight to quality? Things that make you go "Hmmmmm........"....
Here's source to this chart: https://www.qad.com/blog/2019/10/sp-500-companies-over-time
I found it interesting to see how the relative "age" of companies have changed over time, and looked at when the relative age of companies hit a low. Example, lows in/around 1975, early 1980's, 1990, 1999 and 2008.
Market is heading towards another low again..... Inclusion of Tesla will more than likely drop this further. Draw your own conclusion or inferences, but I found it interesting to see how those lows align to key periods of challenges in the market. Also note what happened after those events, the relative age of companies in the S&P shot way up - flight to quality? Things that make you go "Hmmmmm........"....
Here's source to this chart: https://www.qad.com/blog/2019/10/sp-500-companies-over-time