September 5, 2012 (Investorideas.com Newswire) - eResearch Corp reports: The following report provides a series of charts for the most significant stock exchange index of each of six major countries, and then compares these country Indexes with the corresponding country ETFs.
The countries and corresponding Indexes are as follows:
(1) Canada: Toronto S&P/TSX Composite
(2) United States: New York S&P 500
(3) United Kingdom: London FTSE 100
(4) Germany: Frankfurt Xetra Dax
(5) Japan: Toyko Nikkei 225
(6) China: Shanghai Composite
We have compiled the figures (not provided) for each of the above Indexes, and then equated them to the figure for the initial date (October 1, 2011) in order to calculate standardized Index ratios. Thus, the first Index ratio is 1.00, and each succeeding weekly Index number is divided by the initial Index number to calculate each succeeding weekly Index ratio. (Clear as mud!)
We did the identical exercise for the country ETFs.
To show consistency for all of the countries and ETFs and permit uniform comparisons, we charted the numbers on the range between 0.88 and 1.33 to capture all of the entries for all of the countries and their corresponding ETFs.
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