S&P 500 Index Stock Prices Relative To Their 52-Week Highs

Bob Carey
Chief Market Strategist

Bio
X • LinkedIn

Blog Home

Send Us Your Comments And Questions

RSS Feed

S&P 500 Index Stock Prices Relative To Their 52-Week Highs

Posted Under: Broader Stock Market

View from the Observation Deck

The averages in the chart simply reflect where the stocks in the S&P 500 Index stood, by sector, relative to their 52-week highs as of 4/21/20.
From 4/18/19 through 4/21/20, the S&P 500 Index, which is capitalization-weighted, posted a total return of -3.91%, according to Bloomberg. On a price-only basis, which excludes dividends, the index was down 5.80%.
As of 4/21/20, only 60 stocks in the S&P 500 Index (currently 505) had positive returns on a price-only basis in 2020, according to S&P Down Jones Indices. Those 60 stocks only account for 11.9% of the 505 holdings.
As of 4/21/20, the S&P 500 Index closed at 2,736.56, 19.18% below its all-time high established on 2/19/20 (3,386.15), according to Bloomberg.
A Bloomberg survey of 18 equity strategists found that their average year-end price target for the S&P 500 Index was 2,935 as of 4/15/20, according to its own release. The highest estimate was 3,500, while the lowest was 2,500.

This chart is for illustrative purposes only and not indicative of any actual investment. There can be no assurance that any of the projections cited will occur. The illustration excludes the effects of taxes and brokerage commissions and other expenses incurred when investing. Investors cannot invest directly in an index. The S&P 500 Index is an unmanaged index of 500 stocks used to measure large-cap U.S. stock market performance, while the 11 major S&P 500 Sector Indices are capitalization-weighted and comprised of S&P 500 constituents representing a specific sector.

Download a PDF of this post, please click here.

Posted on Thursday, April 23, 2020 @ 1:08 PM • Post Link

Printer Friendly

These posts were prepared by First Trust Advisors L.P., and reflect the current opinion of the authors. They are based upon sources and data believed to be accurate and reliable. Opinions and forward looking statements expressed are subject to change without notice. This information does not constitute a solicitation or an offer to buy or sell any security.

Most Current Posts

<<< Newer Posts • Older Posts >>>

Search Posts

MARKET ANALYSIS

Market Commentary and Analysis
•	Monthly Talking Points
•	Market Observations

Subscribe To Receive Email

PREVIOUS POSTS
•	Consider The Potential Opportunity Costs Before You Sell In May And Go Away!
•	The Federal Funds Target Rate Has Come Full Circle
•	The Only Constant Is Change
•	A Snapshot Of Bond Valuations
•	Sector Performance Via Market Capitalization (Since The U.S. Formally Recognized COVID-19)
•	Money Market Fund Assets Are Surging
•	Volatility vs. Stock Returns
•	How The S&P 500 Index Has Fared Since The Onset Of The Coronavirus (COVID-19)
•	A Snapshot Of Bond Valuations
•	Trump Rally vs. Trump Tariffs vs. Trump Bear Market