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Nearing 20,000 mark on Dow, but the Nikkei 225 has.....


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Nearing 20,000 mark on Dow, but the Nikkei 225 has.....

  #1 (permalink)
md1933
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exceeded the 20,000 point threshold already

This is likely a rudimentary question ,
but I am wondering why the Nikkei 225 has exceeded the 20,000 mark , while we're just now at that 20,000 point mark

Is it because other countries ( Japan's ) Currency isn't exactly equal to one US Dollar ?

So that if we did the math and made it apples to apples , that we would see that the Nikkei 225 has only reached say 12,000 Points, as the equivalence to " Our " Dow Jones ?

Just a question that struck me today

Thank you for the help

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  #3 (permalink)
 
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 suko 
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Nikkei has exceeded the 39,000 threshold already...long ago


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  #4 (permalink)
md1933
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suko ,

What then , if we converted the Yen to the US dollar , what would the equivalency of the Nikkei 225 be then ....... in terms of the US Dow Jones ?

Thanks for your help

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 suko 
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The ratio of NIKKEI volatility to SPY volatility a much more interesting question.

Currently 20.93 to 12.78

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  #6 (permalink)
md1933
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Thank you suko

I believe we are about to get a Spike in the VIX

Your thoughts please ?

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 suko 
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Well, if there is a spike in the VIX then there will doubtless be a spike in the Nikkei VI.

So, will the move in the Nikkei VI be overstated, as usual?

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  #8 (permalink)
md1933
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I just got Long the S&P VIX

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