^GSPC SHORT prediction · damodaran · Miss

balanced effect the value that i get for the index is about 2926 i don't want to create false precision here but my valuation with my story is about 2900 to 2950 which was about six percent lower than where the index was on june 1st when i value the index ... stocks are overvalued by only six or seven percent we don't do anything crazy even if you believe stocks are overvalued

Channel

damodaran

Prediction date

2020-06-15

Horizon

2021-06-15

Instrument

^GSPC · SHORT

Verdict

Miss

Outcome

<strong>Miss:</strong> Entry $3,066.59 → Exit $4,246.59 · <span class="num red">P/L -38.5%</span> · <span class="num red">vs SPY -78.9%</span> · Target $2,926.00

Source: Source · 21:03 ↗