THE US30, commonly known as the DOW30, is a price-weighted
index of the largest publicly traded companies on the NYSE.
The iPhone and iPad maker had been notable by its absence in the 30-stock average, and it had been excluded because its stock price was too high for the price-weighted
The iPhone and iPad maker had been notable by its absence in the Dow industrials, and the technology giant had been excluded because its stock price was too high for the price-weighted
The Dow is what's known as a price-weighted
stock index, which means more expensive stocks like IBM tend to have an out-sized impact on its movements.
According to market analysts, higher-priced stocks have bigger impact on Dow Jones since it is a price-weighted
Despite the leveling off, the main price-weighted
KSE index was still up by 31% in the year to mid-December, while the value-weighted index was up a more modest 10%.
The index itself, which is price-weighted
, declined 9.
In the past five years, they have strategically thought their way to a total return to shareholders of 53%, while the Value Line arithmetic index (a far better measure of performance than capitalization- or price-weighted
indices) had a total return of 104%.
index tracks the stock performance of 50 of the largest publicly traded companies headquartered in the San Fernando, Conejo, Simi, Santa Clarita and Antelope valleys.
Stock prices generally are a leading indicator of the direction of the economy The Dow Jones Industrial Average is a price-weighted
average of 30 blue-chip stocks whose companies are viewed as leaders in their field.
Based on these levels, GS and V will be two of the most important components for the price-weighted
index, as they will beat out Chevron ($120/share), but will likely fall just short of IBM.
The Dow Jones industrial average, a price-weighted
index, tracks the share prices of 30 large U.