SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: gbh who wrote (48347)6/8/1998 8:49:00 PM
From: Lockhart  Respond to of 61433
 
This constant change in market cap is how the S&P 500 average is calculated. Once a stock is in the index it is not traded based on the market cap, its influence on the index simply changes with its price.



To: gbh who wrote (48347)6/8/1998 8:49:00 PM
From: Michael Harb  Read Replies (2) | Respond to of 61433
 
<<June 1, 1998: The S&P 500 Index consists of 500 stocks chosen for market size, liquidity, and industry group representation. It is a market-value weighted index (stock price times number of shares outstanding), with each stock's weight in the Index proportionate to its market value. >> from S&P site.

(Remember, computers can do this very easily. Doesn't require too much of a fund manager's energy

Follow this link

proinvestor.com

mike