This article explains the different ways of calculating index funds. Not all indexes are created in the same way. How they are put together can affect investor returns. Three methods primarily used to construct indexes are: Market value-weighted Method - Each stock is given a weighting proportional to its market...
HOW tight is America's monetary policy? A standard gauge, popular with many economists, is the ``monetary-conditions index'', which combines short-term interest rates, bond yields and the trade-weighted exchange rate. One such index, as calculated by HOW tight is America's monetary policy? A standard gauge, popular...
For all those money managers who have complained that there's no strong commodity index for hedging risk or diversifying a heavily stock-weighted portfolio, take note. Recently both the New York Board of Trade Nybot and the Chicago Board of Trade CBOT announced the formation of new...
While the Dow Jones Industrial Average and the S&P 500 Index rose 6.1 percent to 9693.76 and 5.2 percent to 1279.84, respectively, the PricewaterhouseCoopers cap-weighted lodging C-Corporation index rose 5.6 percent for the month ending March 9. The PricewaterhouseCoopers cap-weighted lodging real-estate investment trust index fell 6 percent. This...
The Dow is undoubtedly the world's most famous index. But it is also a bit of an oddity. Modern indices are mainly like the FTSE 100 - weighted by the size of the company. The Dow, however, is weighted as if a shareholder of the 30 stocks...
Merrill Lynch has introduced a new stock index designed to provide guidance specifically for technology investing. The Merrill Lynch 100 Technology Index is an equally weighted index of the 100 largest market caps in technology and is quoted by the American Stock Exchange under the symbol "MLO". Key features of...
One of the most important tools used by the Federal Reserve Board when considering a merger between banks is the Herfindahl-Hirschman index, a mathematical model developed around 1950 that is supposed to tell regulators when an acquisition will impede normal competition in a particular market. During the last decade, community...
PURCHASE, N.Y. -- IntegraMed America, Inc. (Nasdaq: INMD) today announced that it has been selected for inclusion in the new NASDAQ Health Care Index. On July 27, 2005, the NASDAQ Strategy Index Group announced the new NASDAQ Health Care Index and named IntegraMed America as a founding member of...
Mike Havrilla submits: Click on the above image for a full-screen view of the 64 stocks eligible for inclusion in my Foreign Telecom Services Income Index, which includes ex-US/Canada telcos over $1 billion [USD] market caps with trailing 12-month dividend yields over 2%. The trailing 12-month results for this index compare...
SOUTH JORDAN -- Merit Medical Systems Inc. said Friday it has been selected as a founding member of the new Nasdaq Health Care Index and that its shares have been added to the index. The new index is a market value weighted index that contains 542 Nasdaq-listed companies...
Profit weighted indexes are a new way of looking at markets. This new approach uses profit instead of market capitalization as its principal weighting tool, has a clear methodology and, on back testing, produces consistently superior returns. Moreover, this superior performance has been generated with lower volatility than comparable market...
CINCINNATI -- Convergys Corporation (NYSE:CVG), a global leader in customer care, human resources, and billing services, today announced it has been included in KLD's Domini 400 Social Index (DS400), a float-adjusted market capitalization weighted common stock index modeled on the S&P 500 Index.
By how much has the dollar fallen? IN JANUARY 2002 one euro bought 86 cents: this week it was worth almost $1.32. The dollar has thus lost 35% against the euro, but by how much has it fallen against a basket of currencies, weighted...
The Volatility Index VIX was created in 1993. It is a weighted average of the implied volatility of the S&P 100 index call and put options. Implied volatility is the most unstable - and therefore the most important - component in pricing option The Volatility Index...
Contrarian Profits submits: By Irwin Greenstein Despite the historic trade agreement signed yesterday between Taiwan and China, Taiwan’s TSEC weighted index (^TWII) closed down 2.43%. It seems that fears of global recession trumped this historic economic breakthrough. This turn of events now presents investors with the question: Is it time...
FREMONT, Calif. & ROMANEL-SUR-MORGES, Switzerland -- Logitech International (Nasdaq:LOGI)(SWX:LOGN) today announced that the company will become part of the NASDAQ-100 Index([R])(NASDAQ:NDX) and the NASDAQ-100 Equal Weighted IndexSM (NASDAQ:NDXE), effective prior to the market opening on Thursday, February 1, 2007. The company will also be included in the NASDAQ-100 Index Tracking...
Business Editors The Bank of New York announced today The Bank of New York ADR IndexSM results for the first half of 2002. The Bank of New York ADR Index, launched in March 1998, is the only index to track all depositary receipts and New York shares traded...
Mike Havrilla submits:An analysis of the 116 companies included in my NordiCaps Region Stock Index reveals the top performing Scandinavian country was Norway on both an average (-1.8%) and market cap-weighted (+6.3%) trailing 52-week stock price performance basis, finishing well ahead of runner-up Denmark which came in with a weighted...
By Hank Ezell, The Atlanta Journal-Constitution Knight Ridder/Tribune Business News Sep. 12--Those friendly people who sell index mutual funds have started a price war. First it was Fidelity, the second-biggest mutual fund family in the United States. It announced...