Sunday, 18 January 2015
STI ETF CAGR???
When Uncle8888 looked at STI ETF fund performance CAGR number and STI ETF chart; he has serious trouble to correlate the two diagrams visually for 8% CAGR over 10 years.
We are saying that beautiful lady is 36-24-36; but at another angle she looked rather flat like airport. Strange!
Anyone expert help to explain?
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Measure from absolute low to peak?
ReplyDeleteI think the 1 3 5 and 10 years are sitting in a pretty sweet spot right now since they are almost at the bottom back then.
ReplyDeleteFund performance always only show the best. Hide the rest.
ReplyDeleteI guess because STI also gives out 2.5-3% dividends which can't be seen from the chart?
ReplyDeleteCW,
ReplyDeleteWhen I was briefly a "unofficial" Navigator (hated that role), I learnt what it meant when we say "Never trust a statistics we didn't manipulated ourselves."
That's why I hate powerpoint presentations now - after the amount of BS I dished out. By changing the scale and which data point I decide as index 100, I can make numbers look better or poorer than they really are...
LOL!
http://singaporemanofleisure.blogspot.sg/2011/06/lies-damn-lies-and-statistics.html