RocketCap Smart Grid Stock Index Updated for 21 AUG 09
After a dip, the the ROI of the RocketCap Smart Grid Stock Index finished the week at 72%/YR, up from 68% last week. It is quite highly correlated with the S&P500, but beats the utility index PUI quite easily. This implies the Smart Grid focus may enhance stock values for the participating firms to bring them in line with the other major firms in USA markets, which on average are performing better than utilties alone.
Further Reading and Explanations
Introduction, definitions and meaning of the RocketCap Smart Grid Stock Index©



