For General Electric (GE) how is the Market performance (Stock price/returns over the last five years relative to the S&P 500 index and major ??? Please I dont understand this??
One of the ways such comparison may be made is to check the performance of the stock and a broad market index. In the given case, we may compare the return generated by GE and return generated by Dow Jones Index over the course of past five years. We have picked Dow Jones Index as GE forms a part of this index and hence is comparable. GE stock has lost nearly 40 percent of the value in the past 5 years while Dow Jones Index gained nearly 64 percent during the same time period. Hence, it may be concluded that the stock has highly underperformed the broader market. Even S&P 500 grew 68 percent during the said time period.
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