Tag: spx

• FX Dynamics

  

  Two competing forces in FX markets: Interest Rate Parity and Hot Money Interest Rate Parity states that a lower yielding currency should appreciate relative to a higher yielding currency. According to the International Fischer Relationship, higher yielding currencies have higher inflation domestically. This inflation difference causes the high yielding currency to depreciate relative to a…

  Thomas Schleusener

  April 3, 2018

  Markets, Non-Fiction

  CHF, CIP, EUR, Fischer Relationship, FX, germany, inflation, Interest rate parity, interest rates, PPP, Purchasing Power Parity, s&p 500, spx, USD

• Relative Performance: Equal or Market Capitalization Weighted Index?

  Using SCHA and SCHX as proxies for Small and Large cap equity markets, I attempt to measure cumulative relative performance over one (1), two (2), and three (3) year time periods. The S&P 500 is a market capitalization weighted index, meaning the biggest companies have the biggest weights in the index. The Dow Jones Industrial…

  Thomas Schleusener

  March 15, 2017

  Markets, Non-Fiction

  equal weight, large cap, market weight, outperform, relative performance, rsp, s&p 500, scha, schx, small cap, sp, spx, spy, underperform