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With this tool, traders can:
1. Compare the return of a stock versus the stock market index.
2. Compare the return of a stock versus different industrial sectors.
3. Compare the returns of different sectors.
This tool is FREE and easy to use. Stock prices are required. The tool only works with CFD-Forex accounts. These accounts have free stock market quotes. The returns of the 8 industrial sectors are calculated based on US stocks.
The trader can compare the returns of 8 key sectors (Petroleum & Gas, Metals & Mines, Regional Banks, Construction, Retail, Biotech, Pharma and Technology). The maximum horizon is 6.5 years.
This example shows the returns of 6 sectors over a two-year horizon. Over this horizon, Petroleum & Gas Exploration is the sector with the best return at +111.66%. The Biotech sector is the weakest sector with a return of -47.04%.
Each stock can be compared to the stock market index and to one or more sectors.
This example compares the return of Amazon.com stock with the S&P 500 stock market index and the 8 sectors over a 2,5-year period.
This example compares the return of Walmart stock with the return of the S&P 500 stock market index and the return of the retail sector over a 6,5-year period. Walmart stock outperforms the index and the sector.