An index whose purpose is to reveal the performance of the entire market, such as the S&P 500, Wilshire 5000, AMEX Major Market Index or Value Line Composite Index. Different broad-base indices have different approaches to ensuring that the index captures the entire breadth of market activity. The Wilshire 5000 takes the most all-inclusive approach by including all the stocks listed on the New York Stock Exchange and almost all the stocks listed on the NASDAQ and American Stock Exchange. The S&P 500 includes 500 companies that are together considered a good indicator for the US stock market, based on the industries the companies operate in, their positions within the industry, and their market capitalizations. The S&P 500 is a market-weighted index, so only 10% if its components make up about 75% of its value. The Value Line Composite Index takes an in between approach by tracking 1700 issues. The Value Line Composite is thought to be a better indicator of speculative stocks than of more stable stocks.
Related information about broad-base index:
- What is broad-base index? definition and meaning
Definition of broad-base index: An index whose purpose is to reveal the performance of the entire market, such as the S&P 500, Wilshire 5000, AMEX Major ...
- What is a Broad-Base Index?
The broad-base index is a type of investment evaluation and indexing that draws on the collective performance of the entire market. There are several different ...
- broad-base index - Bab.la
Translation for 'broad-base index' in the free Chinese dictionary. More Chinese translations for: base.
- Stock Market Index Explained | The Options & Futures Guide
A broad-base index is designed to represent the performance of the entire stock market. Its component stocks generally include some of the largest public ...
- PSE Composite Index - Wikipedia, the free encyclopedia
The PSEi is also the PSE's only broad-base index. It is also one of the indicators on the general state of the Philippine economy. The PSEi was one of the indices ...
- Barclays Capital Aggregate Bond Index - Wikipedia, the free ...
The Barclays Capital Aggregate Bond Index, which used to be called the " Lehman Aggregate Bond Index," is a broad base index, maintained by Barclays ...
- Our Firm: Definitions — BFPCM
The Barclay's U.S. Aggregate Bond Index (BCAB), which used to be called the " Lehman Aggregate Bond Index," is a broad base index and is often used to ...
- The Indices (Introduction to Fixed Indexed Annuities) - YouTube
Aug 19, 2012 ... Barclays Capital Aggregate Bond Index, formerly the "Lehman Aggregate Bond Index," is a broad base index, maintained by Barclay's Capital It ...