Greetings!
Here, the S&P 500 ETF (SPY) or the Nasdaq 100 ETF (QQQ) is usually used as a benchmark. As mentioned, this is just an ETF. Is it also possible to use the actual S&P 500 market (symbol A0AET0) or the Nasdaq symbol (symbol 969950) as a benchmark, or is that completely pointless?
Here, the S&P 500 ETF (SPY) or the Nasdaq 100 ETF (QQQ) is usually used as a benchmark. As mentioned, this is just an ETF. Is it also possible to use the actual S&P 500 market (symbol A0AET0) or the Nasdaq symbol (symbol 969950) as a benchmark, or is that completely pointless?
Rename
QUOTE:
Is it also possible to use the actual S&P 500 market (symbol A0AET0) or the Nasdaq symbol (symbol 969950) as a benchmark, or is that completely pointless?
Honestly, I don't think it's going to make much difference. :)
Just understand, the "actual" index symbol will depend on which historical data provider you are using. For example, for the S&P 500, "SPX.XO" would be correct for IOFeed; "^SPX" would be correct for Yahoo. You would need to ask your historical data provider (which you haven't stated) what the correct symbol would be for the S&P 500.
Hmm, whatever, I don't know, there was no Spy in 1980, but there was an S&P 500.
You can use $SPX for the S&P 500 Index, QData has it going back to 1928. QData doesn't update until evening time however.
Thanks
Your Response
Post
Edit Post
Login is required