Criteria Used To Determine Standings

The ranking method works as follows:

When a student team is created prior to the start of the game session, the value of the S&P 500 on the first day of trading will appear in the right corner of the “Account Summary” page (called “Start S&P 500”).  This value will not change during the course of The Stock Market Game session.  If a team is created after the start of the game session, the “Start S&P 500” will be the value of the S&P 500 the day the team is created.   

In the “Rankings” page of each portfolio, teams will be listed in descending order according to their S&P 500 ranking.  There will also be a column titled “Total Equity.”  Total equity refers to the team’s current cash balance plus the value of their assets held in the long position.  The team can use this total equity value to manually figure out their S&P 500 ranking.

Calculating a team’s ranking manually is an easy way for students to practice math skills.  To do so, the following formula should be used:

100 [ (Total Equity - $100,000)  -   (Current S&P 500 Value – Starting S&P 500 Value) ]

   $100,000                                          Starting S&P 500 Value

The result will be the team’s percent return according the current growth of the S&P 500.

The S&P 500 ranking allows a level playing field for participants, since all teams do not enter the trading session at the same time.