Gavekal Capital: Gold Stocks Underperforming

Tuesday, October 15, 2013

Gold Stocks Underperforming

Over the last month, gold companies have been among the weakest performeres in the MSCI World Index. On average they are down 9.4% over the last 30 days.


They also top our ranking for the biggest drop in 30 day relative strength.  Using daily returns, we calculate the change in relative strength over the previous 30 days compared to the previous 30 days.