Note that: 1) the number of companies included in the average may change due to consolidation and initial public offerings in the sector; and 2) the percentage price change of the group is not market capitalization weighted like several popular market indices (S&P 500/Russell 2000).
It simply reflects the average price change of all the stocks in the group. Nonetheless, we believe this average provides a reasonable means of comparing the performance of the industry to other broad-based stock market benchmarks. Click on ...
Note that: 1) the number of companies included in the average may change due to consolidation and initial public offerings in the sector; and 2) the percentage price change of the group is not market capitalization weighted like several popular market indices (S&P 500/Russell 2000).
It simply reflects the average price change of all the stocks in the group. Nonetheless, we believe this average provides a reasonable means of comparing the performance of the industry to other broad-based stock market benchmarks. Click on ...
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