Calculating the Nasdaq indexes daily average - Deepstash

Calculating the Nasdaq indexes daily average

Both the Nasdaq Composite and Nasdaq 100 use the same modified market capitalization weighting method: Each share's closing price (LSP) is multiplied by the total shares outstanding (TSO).

Share weights calculation: Each security's market capitalization is divided by the total capitalization of all index securities. Share weights for each stock are then multiplied by that stock's closing price. The total is divided by an index divisor that accounts for market fluctuations. The result is the Nasdaq average for that day.

24

77 reads

CURATED FROM

IDEAS CURATED BY

lil_ww

"In fact, the confidence of the people is worth more than money." ~ Carter G. Woodson

The idea is part of this collection:

How To Build A Company

Learn more about moneyandinvestments with this collection

How to prioritize tasks effectively

How to manage your time efficiently

How to reduce stress and anxiety

Related collections

Similar ideas to Calculating the Nasdaq indexes daily average

The Nasdaq has two major indexes

  • The Nasdaq Composite Index tracks 2,790 Nasdaq securities - almost everything except mutual funds, preferred stocks, and derivative securities.
  • The smaller Nasdaq 100 Index focuses on the largest, non-financial companies listed on the Nasdaq with o...

What Are the Three Major Stock Indexes?

What Are the Three Major Stock Indexes?

The three most widely followed indexes in the U.S. are the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite.

  • The Standard and Poor's 500 Index is an index of 500 large cap common stocks that represent all different sectors of the market.
  • ...

Market Value or OMV (Open Market Valuation)

OMV is the price an asset would get in the marketplace, or the value the investment community gives to particular equity or business.

Market value is also used to refer to the market capitalization of a publicly-traded company. It is calculated by multiplying the number of...

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates