What does price-weighted index mean?
Definitions for price-weighted index
price-weight·ed index
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Wikipedia
Price-weighted index
A price-weighted index is a stock market index where each constituent makes up a fraction of the index that is proportional to its component, the value would be: Adjustment Factor= Index specific constant "Z"/(Number of shares of the stock*Adjusted stock market value before rebalancing)A stock trading at $100 will thus be making up 10 times more of the total index compared to a stock trading at $10. The Dow Jones Industrial Average and Nikkei 225 are examples of price-weighted stock market indexes.
Numerology
Chaldean Numerology
The numerical value of price-weighted index in Chaldean Numerology is: 9
Pythagorean Numerology
The numerical value of price-weighted index in Pythagorean Numerology is: 8
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"price-weighted index." Definitions.net. STANDS4 LLC, 2024. Web. 29 Apr. 2024. <https://www.definitions.net/definition/price-weighted+index>.
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