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Tech & Internet Stocks/weighted percentage
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Question
What is meant by the Dow "weighted percentage"?
There are 30 companies, and they each have a factor or multiplier number. Each day the price per company stock is multiplied by each number for each company. Then, the companies price times the factor are added. This is how we get the average weighted number on the Dow. A good source for more details is in the back of Barron's newspaper that can be found at most public libraries for free.
Dr. Joseph deBeauchamp
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| Rating(1-10) | Knowledgeability = 10 | Clarity of Response = 6 | Politeness = 10 |
| Comment | I understood stood the reply. I need more background info, specifically how a multiplier/factor for each weighted percentage assigned. | ||
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Dr. Joseph de Beauchamp
Expertise
As an MBA professor, I publish on over 2000 public companies. I engage in conversations with them daily. I love to help people find good advice in this complex market.
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2000 public companies
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