Tuesday, June 8, 2010

S&P, GS and BP Review

BP and GS stock price(s) has plummeted to a level that looks as deep as the 5,000 feet under the ocean surface where the BP well is leaking. Below are some charts. 

Since the start of oil spill disaster BP stock has lost its value by over 37%.

From the time when investigation started, GS has retreated a little over 22%.
 

For the same period (from April 23rd to June 4th) S&P has lost roughly 12%.
 
The above chart is normalized to have a comparison between all the three stocks. Even after the recent fall in GS price, the stock has outperformed S&P (since Jan-09)


For the same time span (from April 23rd to June 4th) GS has lost 9.63%
 Data: Bloomberg , Wealthy Opinions

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