tigga,
I'm afraid I'm not familiar with the method you use and I'm not sure if this is the way the pros do it but using the formula from the ASX booklet [Ft = St(1+(rt-dt))] and data for 8-Oct-09:
XJO Close (St) = 4768.6
Risk-free rate (rt) = 0.03755 (RBA figure)
XAO Div Yeild (dt) = 0.045 (CommSec)
I calculate the SPI Fair Value to be 4762. The SPI closed at 4771 on 8-Oct, a premium of 9 points, so market sentiment seems bullish.
Chris
thursday trading, page-159
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add XJO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
8,193.4 |
Change
-62.200(0.75%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,255.6 | 8,255.6 | 8,139.1 |
| XJO (ASX) Chart |