Thanks for your comments Cazzex, 3500, J8 and GoSouth.
At the moment the spreadsheet just picks the top well correlated stocks of each sector. To help remove the bias this may cause I am looking at dividing up the sectors. Maybe someone can offer a better split up of the below
An example:
Mining Services divided into "
Drilling
ASL
IMD
SWK
Campbell Bros
Build,Own and Manage
Sedgeman
Decmill
Monadelphous
Engineering and Consultancy
Cardno
Lycopodium
Skilled group
Programmed
Campbell Bros
Construction
Leighton
MacMahon
NRW
Austin
Boom
Logistics
Bradken
Mermaid
Miclyn Express
Gosouth, I can easily change the graphite companies and when I get back to my other computer with the excel spreadsheet I will post the new results.
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