For instance, yield is the barometer for return on bonds.
But how would one gauge how expensive a stock market index is? For instance, im looking at PE ratios that track an index, such as the shiller indicator which compiles a RE Ratio for the SP500 - however this is monthly.
Im looking for a daily indicator that shows how expensive the index is on a historical basis.
But how would one gauge how expensive a stock market index is? For instance, im looking at PE ratios that track an index, such as the shiller indicator which compiles a RE Ratio for the SP500 - however this is monthly.
Im looking for a daily indicator that shows how expensive the index is on a historical basis.