Stock investors often look to beat the performance of the S&P 500 Index, which generally serves as
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Stock investors often look to beat the performance of the S&P 500 Index, which generally serves as a yardstick for the market as a whole. The following table shows a comparison of the five-year cumulative total shareholder returns for IDACORP common stock, the S&P 500 Index, and the Edison Electric Institute (EEI) Electric Utilities Index. The data assume that $100 was invested on December 31, 2002, with beginning-of-period weighting of the peer group indices (based on market capitalization) and monthly compounding of returns ( Source: IDACORP 2007 Annual Report).
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Business Statistics A Decision Making Approach
ISBN: 9780133021844
9th Edition
Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry
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