Investment, an exact science

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Monograph

Identifikator:: 1029903786

URN:: urn:nbn:de:zbw-retromon-63471

Document type:: Monograph

Author:: Lewiński, Jan S. http://d-nb.info/gnd/102701059

Title:: L'évolution industrielle de la Belgique

Place of publication:: Bruxelles

Publisher:: Misch & Thron, Éditeurs

Year of publication:: 1911

Scope:: 1 Online-Ressource (XIII, 444 Seiten)

Digitisation:: 2018

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

82 this by the annexed charts of the typical price movements of the stocks of the following countries :—Great Britain (two charts), France, Germany, Switzerland, Belgium, Canada, Japan, U.S. of America, the Argentine Republic. In every instance a number of representative stocks have been taken, and their price- movement depicted upon the basis of annual average values. Although some of the charts appear slightly similar in movement, they are not so in reality, as in each instance, on account of the widths of fluctuation, a different scale has had to be adopted. Thus, for instance, the charts of the U.S. America and of Canada look somewhat alike, yet a close examination will show that in the years 1902-1003 there was a strong rise in Canadian stocks, whilst during the same period there was a considerable fall in American stocks. In the same way dissimi larities will be discovered in every one of the charts on comparing them with each other, when the difference in scale which unfortu nately had to be adopted is taken into consideration. These ten charts are ocular demonstrations of the fact that the prices of the principal stocks of every country move alike, under the dominant influence of the trading conditions of that country ; so that the foundation of

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