Which pair of stocks will perform better during April 2024?
2.5k
resolved Apr 30
100%98%
AGBA+CADL
0.3%
NVDA+GOOG
0.1%
AAPL+AMZN
0.2%
META+MSFT
0.1%
AMD+AVGO
0.1%
MSTR+COIN
0.1%
MU+ASML
0.0%
DELL+MMM
0.1%
APM+NXL
0.0%
AISP+STI
0.0%
AVTX+LABP
0.2%
OXY+PSX
0.1%
NRXP+NXL
0.1%
NRXP+APM
0.1%
NRXP+AISP
0.1%
UCAR+RENT
0.1%
NXL+AISP
0.0%
NXL+STI
0.0%
APM+AISP
0.2%
ASML+NVDA

Only stocks in NYSE and Nasdaq will be considered.

The resolution will be based on the following data:

https://stockanalysis.com/markets/gainers/month/

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@OmarB how are you measuring "better"? Geometric average of returns? Arithmetic average of returns? Something else?

@IsaacCarruthers I assume the performance of an equal weight pair of longs purchased at the start of the month.

@HarrisonNathan Yes, assumption of perfectly equal weight at start of the month. The question being what’s the best performance gain.

I have no idea if this coincides with arithmetic or geometric average. Can you please explain how those would work here?

@OmarB Arithmetic average of the percentage returns.

@HarrisonNathan Yes, that’s what I have in mind with this market. What about the geometric average or alternatives?

@OmarB Geometric mean would be the average rate of return if you invested in the two stocks sequentially, instead of simultaneously. I agree that arithmetic mean makes more sense here.

@IsaacCarruthers Very interesting! Thanks for the explanation.

So yes, arithmetic average on the returns based on hypothetical equally weighted investment on April 1st. (Which is equal to the arithmetic average of percentage gains of the month. Please, correct me if I am wrong.)

bought Ṁ60 Answer #a88f06c30e7d YES

To be clear, as long as I can name any two stocks on the NASDAQ that did better than NVDA/GOOG, this will resolve 'No' for that? Seems very difficult to imagine this resolving anything else than 'Other'.

@MartyDettmann Correct:

  • NASDAQ and NYSE,

  • Only one pair resolves as YES,

  • Responses can be added.

bought Ṁ80 Answer #a88f06c30e7d YES

@OmarB This is a very silly market, in that case.

@HarrisonNathan Yes, kind of difficult to maintain…

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