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It is called an average because it originally was computed by taking the stock prices, adding them together, and dividing them by the number of stocks.
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∙ 13y ago
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What is the average annual rate of return for the DJIA over the past 25 years?
What is the average annual rate of return for the DJIA over the past 25 years
What is the djia index used for?
The DJIA index is very popular part of the stock market. The Dow Jones Industrial Average (DJIA) is the most quoted when it comes to noting how well the market is doing.
What does INDP INDU mean?
INDU = Industrial average (DJIA) INDP = Industrial production
What companies trade djia futures?
"Dow Jones is the company that does the trading of DJia futures. It stands for Dow Jones Industrial Average, and gives the current and future stock market ratings."
What was the first figure of the DJIA?
The first figure came out on May 26, 1896, with an average of 40.94.
How many stocks are in the Dow Jones average?
The Dow Jones (DJIA) consists of 30 stocks.
How do you buy a share of the Dow Jones average?
Up until recently, it was impossible to buy a share of the Dow Jones Industrial Average (DJIA). The average consists of 30 companies, so an investor who wanted to mimic the returns of the DJIA would have to buy shares of all 30 companies in proportion to their weighting in the average and continually rebalance their portfolio based on the weighting each company was given in the DJIA. Today, with the advent of ETF's an investor can invest in the DIA, the State Street Global Advisor SPDR of the Dow Jones Industrial Average. The DIA ETF seeks to provide investment results that, before expenses, generally correspond to the price and yield performance of the DJIA.
When was the Dow Jones Industrial Average introduced?
Charles H. Dow (1851-1902) introduced the Dow Jones Industrial Average (DJIA) in 1896
What was the Dow Jones Industrial average on Jan 1 2000?
DJIA Closed at 11,497.12 on 31/12/1999
What was DJIA close on December 31 2008?
DJIA: Closed @ 8,776.39 on 12/31/08.
The Dow Jones Industrial Average DJIA is determined by averaging the price of all stocks on the New York Stock Exchange?
False
What was the highest DJIA?
14164
