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Jul 14 2018 02:30am
In this image here I'm looking at DJIA stocks, what I want to know what is what the list of companies underneath have to do with it?

What is index components?



This post was edited by Angelarium on Jul 14 2018 02:30am
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Jul 14 2018 02:36am
Quote (Angelarium @ 14 Jul 2018 01:30)
In this image here I'm looking at DJIA stocks, what I want to know what is what the list of companies underneath have to do with it?

What is index components?

http://i63.tinypic.com/2lywkx.jpg


All I know is that Dow Jones dudes a faggot
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Jul 14 2018 02:49am
Quote (Angelarium @ Jul 14 2018 03:30am)
In this image here I'm looking at DJIA stocks, what I want to know what is what the list of companies underneath have to do with it?

What is index components?

http://i63.tinypic.com/2lywkx.jpg



DJIA = Dow Jones Industrial Average

Dow Jones is a stock index of 30 stocks that are regularly traded at the NYSE... Index Components are the 30 companies that the dow jones stock index is comprised of, which has changed many times over the years...

Anything else..?
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Jul 14 2018 03:03am
Quote (Drakwen @ Jul 14 2018 06:49pm)
DJIA = Dow Jones Industrial Average

Dow Jones is a stock index of 30 stocks that are regularly traded at the NYSE... Index Components are the 30 companies that the dow jones stock index is comprised of, which has changed many times over the years...

Anything else..?


Thanks, yeah it's only made more questions.

You say Dow Jones is a stock index. As in it's always going to have those 30 stocks? No more no less. And 30 companies, is that the only amount of companies that can be with (30) stock index? When you say changed many times over the years that's different companies gaining possession over a stock?
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Jul 14 2018 09:15am
It is not always going to have those same 30 stocks, just last month they removed GE and added Walgreens Boots Alliance. It doesn't change often however, they've only had like 7-8 changes in the past decade.

The DIJA has historically only consisted of 30 stocks, but I guess that doesn't mean it couldn't change in the future, but I would expect it wouldn't.

A stock index can consist of more or less than 30 components, that is just how many the DIJA has.

Changing many times over the years meaning the removal of one company and the addition of another, such as the change between GE/WBA mentioned above.
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Jul 14 2018 09:20am
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Jul 14 2018 09:25am
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Jul 14 2018 09:26am
Quote (dude_927 @ Jul 14 2018 08:25am)
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Jul 14 2018 06:33pm
Quote (RzChaos @ Jul 15 2018 01:15am)
It is not always going to have those same 30 stocks, just last month they removed GE and added Walgreens Boots Alliance. It doesn't change often however, they've only had like 7-8 changes in the past decade.

The DIJA has historically only consisted of 30 stocks, but I guess that doesn't mean it couldn't change in the future, but I would expect it wouldn't.

A stock index can consist of more or less than 30 components, that is just how many the DIJA has.

Changing many times over the years meaning the removal of one company and the addition of another, such as the change between GE/WBA mentioned above.


Okay I understand that now. Who has the authority to change the stocks? Change how many there is and changing between the companies?

Also what is

| Last | CHG | CHG%

Thanks for the help
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Jul 14 2018 09:39pm
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