# Average

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## Average

An arithmetic mean return of selected stocks intended to represent the behavior of the market or some component of it. One good example is the widely quoted Dow Jones Industrial Average, which adds the current prices of the 30 DJIA stocks, and divides the results by a predetermined number, the divisor.

## Average (across-day) measures

An estimation of price that uses the average or representative price of a large number of trades.

## Average

A simple way to calculate the relative price of an index of stocks that involves adding the prices of all the stocks in the index and dividing by the total number of stocks. Market averages may be weighted, for example, for price or market capitalization. Movements in the market average of an index are considered a way to observe trends in the health of the companies represented in it. Some market averages are taken as an indicator of health in the broader economy; prominent examples of this include the Dow Jones Industrial Average and S&P 500 indices.

See averages.

## Average.

A stock market average is a mathematical way of reporting the composite change in prices of the stocks that the average includes.

Each average is designed to reflect the general movement of the broad market or a certain segment of the market and often serves as a benchmark for the performance of individual stocks in its sphere.

A true average adds the prices of the stocks it covers and divides that amount by the number of stocks.

However, many averages are weighted, which usually means they count stocks with the largest market capitalizations more heavily than they do others. Weighting reflects the impact that the stocks of the biggest companies have on the markets and on the economy in general.

The Dow Jones Industrial Average (DJIA), which tracks the performance of 30 large-company stocks, is the most widely followed market average in the United States.

References in periodicals archive ?
Through the disclosing of the world and the "they", "being-in-the-world [becomes] visible in its everydayness and averageness" (Heidegger, 1996:121).
This is clearly not a strictly mathematical kind of averageness, since our status as a prosperous social democracy is more exceptional in the world than not.
Averageness is a term used to describe how unusual or strange a person's facial features are.
A new study links averageness to diversity in the major histocompatibility complex--a cluster of genes that plays a major role in the immune system.
Physical attractiveness is rooted in the geometric concept of symmetry, mathematical concept of averageness, and biological concept of secondary sexual characteristics."
Once a threshold of averageness or typicality is reached (say, the approximately \$10,000 it costs to insure a family of four), it is implausible that additional income will linearly be spent on health care.
Researchers, in fact, have found that people of both sexes tend to prefer averageness in members of the opposite sex: The greater the number of faces poured (by computer) into a composite, the higher it's scored in attractiveness by viewers.
One of the more counter-intuitive predictors of facial attractiveness is mathematical averageness. Averaged composites of faces are more attractive than their component faces (Langlois & Roggman, 1990; Langlois, Roggman, & Musselman, 1994), and faces that are distorted towards the average of a set of faces are more attractive than undistorted faces, even when skin complexion and symmetry (which influence attractiveness) are controlled (Rhodes, Sumich, & Byatt, 1999; Rhodes & Tremewan, 1996).
missionaries of unselfconscious averageness and "common sense"
In politics, where Americans worship at the shrine of the unaffected common man, averageness allows all Kansans to present themselves as something of an aristocracy.
For it is precisely the foreignness of art, its irreconcilability with the compulsions of our averageness, that terrifies: "The artist's particular devotion is the one thing that cannot be reached or tampered with.
Watford obviously boast a decent home record themselves, but in a division saturated with averageness the Hornets are as ordinary as the rest.

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