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Stock Terms: What Is The Dow Jones Index?

2011/4/22 17:12:00 56

Arithmetic Average Stock Index Stock Index Doug Jones

  The Dow Jones index is Arithmetic average stock index 。


The Dow Jones index is the oldest in the world. Share index Its full name is the stock price average index. Generally speaking, the Dow Jones index is probably the first group of Dow Jones Industrial Average in the four Dow Jones index.


The Dow Jones index was first introduced in 1884. Doug Jones Charles Doug, the founder of the company, began to compile. The original Dow Jones stock price average index was compiled based on the arithmetic average method of 11 typical railway companies' stock, published in the daily newsletter published by Charles Doug himself. The formula is:


  The average price of stock = the sum of the price of the selected stock and the number of the selected stocks.


The index aims to reflect the overall trend of the US stock market, covering many sectors such as finance, technology, entertainment, retailing and so on. The Dow Jones industrial average is currently maintained by the editorial office of the Wall Street journal. Its selection criteria include the continuous development of constituent stocks, large scale, outstanding reputation, industry representation, and being sought after by most investors. At present, the 30 constituent stocks of the Dow Jones industrial average are representatives of us blue chips. The subtle changes of this mysterious index bring hundreds of millions of people to panic or ecstasy. It is no longer an ordinary financial indicator, but a code for the world's financial culture. And what is the Dow Jones index? Charles Henry Doug, who has only read primary school small farmers, has become an excellent financial journalist on the basis of self-study. Edward Davis Jones, who graduated from Brown University, has a grumpy temper like his red beard. Charles Milfort Bergstrice, because his surname is too long, has lost the chance to leave history forever.

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