This chart was drawn for howardlindzon little competition to see who can guess when 
GOOG will cross the $SPX. Looking at the correlation of GOOG vs. 
SPX I find this very hard to happen. Currently they have a 96.5 % correlation and GOOG has approximately 65% of catch up to do. This year GOOG has gained 58% ytd and the SP500 has gained 29%. If everything was fair in the world we could give this spread a 2:1 ratio. Therefore my guess of the cross-over would be December 2015.
GOOG will cross the $SPX. Looking at the correlation of GOOG vs. SPX I find this very hard to happen. Currently they have a 96.5 % correlation and GOOG has approximately 65% of catch up to do. This year GOOG has gained 58% ytd and the SP500 has gained 29%. If everything was fair in the world we could give this spread a 2:1 ratio. Therefore my guess of the cross-over would be December 2015.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.