If looking @ the charts of AAPL on Yahoo finance from 3months to 1 year it shows a downward trend. Nothing could be further from the truth. Looking at the supposedly same charts on Google finance shows what appears to be more realistic. Does Yahoo have a grudge with Apple?
You need to check reading charts… they both show the price dropping from about 700 to near 400. Currently both show the same price at around 445. What is different is the vertical scale. The yahoo chart shows more detail. Also make sure you didn’t select YTD instead of 1 year on the google chart. YTD is between 6mo and 1yr on the google controls.. yet we are not yet 6months into the current year.
When I say downward trend I’m talking about the past 1 week or so as shown on the 3mo. 6mo. YTD and 1 year charts. Compare chart to chart using Google and Yahoo and you will see what I mean.
The only difference i see is that yahoo chart ends at May 1 and google ends at May 2, so you have the yahoo chart ending on a slight dip down, whereas google reflects today’s close up.
Charts have different settings. AAPL hit a low of $385 intraday on 4/19 and has been in an uptrend since then.
This is perfectly clear on the 3mo, 6mo YTD and 1 year charts.
If you only want the past week, just look at a 5 day chart.
Google and Yahoo charts look the same when the settings are the same.
Any idea why Google has a beta of 1.00 for AAPL and Yahoo says .65? Personally, I think I’m going to switch to using Google from now on, although I do like how Yahoo updates automatically and hence has a more accurate display of volume.
For me personally, no. However since APPL is in the NASDAQ I would think that is what should be used to determine the beta. It is important I think when determining past performance, I like to think of future performance myself.
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