V250 In­tro­duc­ing the stock in­dex

YOU CAN NOW TRACK THE STOCKS OF AL­BERTA’S BIG­GEST COM­PA­NIES IN REAL TIME, AND ALL IN ONE PLACE

Alberta Venture - - The Money Book -

HERE’S WHAT YOU’LL FIND

Most notably, you’ll see the ­per­for­mance of the stock port­fo­lio plot­ted on the stock chart. The port­fo­lio is based on a one-year, $10,000 in­vest­ment, mean­ing that if ev­ery stock were to stay frozen, the line would re­main at the $10,000 mark. If the stocks are, on av­er­age, per­form­ing well, the tra­jec­tory will rise; in a bear mar­ket, it’ll fall.

As an ex­am­ple, when this is­sue of Al­berta Ven­ture was go­ing to press, the port­fo­lio sat around the $14,000 mark. This means that a $10,000 in­vest­ment into this port­fo­lio made one year ago would to­day be worth about $14,000. But you can also trace the tra­jec­tory of the port­fo­lio as far back as a year, so you can also see that last Jan­uary, the port­fo­lio would have been worth only about $8,700, and wouldn’t have ac­tu­ally been prof­itable un­til March.

SOME TIPS FOR READ­ING THE STOCKS

A one-year in­vest­ment can only show us so much. Un­less you’re a day trader, your in­vest­ments stretch across a much longer time­line, so a one-year plot won’t give you much in­sight into a typ­i­cal, long-term in­vest­ment. Also, a rise in the stocks of Al­berta’s big­gest pub­licly traded com­pa­nies doesn’t nec­es­sar­ily mean a par­al­lel rise in other cru­cial eco­nomic in­di­ca­tors. (Stocks might rise, but un­em­ploy­ment could, too.) But this stock in­dex is in­tended to give you a snap­shot of the over­all econ­omy, and to let you zoom in on the tra­jec­tory of par­tic­u­lar com­pa­nies. Ev­ery year, Al­berta Ven­ture thumbs through the fi­nan­cial doc­u­ments of Al­berta’s largest public com­pa­nies and as­sem­bles our mas­sive Ven­ture 250 is­sue. We give our read­ers com­pany rev­enues, prof­its, as­sets, growth rates and more. But that in­for­ma­tion is all static, and the stock mar­ket in any­thing but. So this year, as part of our 20th an­niver­sary cel­e­bra­tion, we’ve as­sem­bled a stock port­fo­lio fea­tur­ing Al­berta’s largest public com­pa­nies, and we’re mak­ing it free and easy for our read­ers to ac­cess on our web­site. So you track all the mar­ket fluc­tu­a­tions – and get a sense of the health of our econ­omy – any­time.

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