Re: Movements in SPY seem to be very weakly tracked in eMaxi slim S&P500
Posted: Wed Jul 20, 2022 5:07 am
The USD change in the S&P500 is being masked by the continual weakening of the Yen Exchange Rate.
If the Yen moves weaker more than the S&P500 decreases, then the Yen value will increase despite the USD value decrease
If the Yen moves weaker less than the S&P500 decreases, then Yen value will decrease more than the USD value - the loss will be attenuated
If the Yen moves weaker and the S&P500 increases, then the Yen value will increase more than the USD value - the gain will be amplified
If the Yen moves stronger more than the S&P500 increases, then the Yen value will decrease despite the USD value increase
If the Yen moves stronger less than the S&P500 increases, then the Yen value will increase less than the USD value - the gain will be attenuated
If the Yen moves stronger and the S&P500 decreases, then the Yen value will decrease more than the USD value - the loss will be amplified
If the Yen moves weaker more than the S&P500 decreases, then the Yen value will increase despite the USD value decrease
If the Yen moves weaker less than the S&P500 decreases, then Yen value will decrease more than the USD value - the loss will be attenuated
If the Yen moves weaker and the S&P500 increases, then the Yen value will increase more than the USD value - the gain will be amplified
If the Yen moves stronger more than the S&P500 increases, then the Yen value will decrease despite the USD value increase
If the Yen moves stronger less than the S&P500 increases, then the Yen value will increase less than the USD value - the gain will be attenuated
If the Yen moves stronger and the S&P500 decreases, then the Yen value will decrease more than the USD value - the loss will be amplified