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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: re3 who wrote (37895)5/3/1999 12:30:00 PM
From: Bonnie Bear  Read Replies (1) of 86076
 
maxx: re S&P...here's the S&P site..it has specifics on the S&P composition, the method used to create the index, and the stocks added and subtracted, the TSE 60 is here too
spglobal.com
the index consists of price*shares outstanding for 500 stocks...the effect of money rolling into the index is that the big stocks get bigger...suggestion for you..take the 5 biggest S&P stocks, take one of median value, take the smallest. Find $ and shares outstanding for each. play a bit with how much you have to change $ or shares outstanding to get a 1% change to the total index market cap. I think this might give you the info you're looking for, which is different from the question you asked.
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