SPY SHORT prediction · damodaran · Miss
i take my expected cash flows with these projections discount them back to today and i get a value slightly higher than 3100 the market was trading at 32.70 on november 1st when i did this valuation so i do think the market is overvalued but i don't think the market's crazy
- Channel
- damodaran
- Prediction date
- 2020-11-15
- Horizon
- 2021-11-15
- Instrument
- SPY · SHORT
- Verdict
- Miss
- Outcome
- <strong>Miss:</strong> Entry $336.10 → Exit $439.40 · <span class="num red">P/L -30.7%</span> · <span class="num red">vs SPY -61.5%</span>
Source: Source · 21:19 ↗