- 13 years have given a positive return [Averaging
**(+)40%**] - 7 years have given a negative return [Averaging
**(-)22%**]

A plot of Sensex’s yearly returns shows that 2011 has been the 2^{nd}worst year in last 20 years. Only 2008 saw a deeper cut of -53%.

Click to enlarge the graph |

**Sensex’s**

**spread between Highs/Lows as a percentage of last year’s closing levels.**The Spread can be calculated in accordance with given formula –