RocketCap Smart Grid Stock Index© Updated for 24 JULY 09
This week, the RSGSI© showed a big uptick in ROI for the second week, as did the comparison indexes. Interestingly, the number of uncorrelated components decreased this week. The number of uncorrelated components has varied between 6 and 17 so far, after each week’s 45 day measurement. The volatility in last 45 day ROI annualization has been stable for several weeks at ~22%/YR.
Overall, note how our RSGSI© has closely tracked the S&P 500 Index©, and both have been superior to the utility index PUI.