Right now the FTSE stands at 5744.9 and the Dow Jones stands at 11023.4. What were the figures when the indices just began? Did they start at 0?|||Most stock indexes started with a base value of 100, there are a few that started at 10.|||The DJIA uses a price-weighted measure, which is a little hard to explain, but it causes inaccuracies. Since I couldn't really explain it well, I found a link that explains it.
http://www.investopedia.com/articles/02/鈥?/a>
The S%26amp;P, which is a better gauge, uses a market-capitalization weighted method which is more accurate.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment