释义 |
Value Line Composite Index Value Line Composite IndexAn index of more than 1,500 companies traded on the American Stock Exchange, NASDAQ, NYSE, and Toronto Stock Exchange. It ranks the stocks listed on it according to their performance over trailing six to 12 month periods, and publishes each one's volatility compared to the market average. The Value Line Survey also has both arithmetic and geometric indices.Value Line Composite Index An overall measure of stock market performance based on approximately 1,700 stocks covered by the Value Line Investment Survey. The index includes stocks listed on the New York Stock Exchange, the American Stock Exchange, the regional and Canadian exchanges, the Nasdaq National Market, and the over-the-counter market. Unlike most indexes, which are weighted by market capitalization or stock price, the Value Line Composite Index assigns equal weight to each component. In other words, it provides an indication of the performance of a portfolio with equal amounts of money invested in each stock covered by Value Line. In 1988 Value Line started publishing the Value Line Arithmetic Index, which tracks the performance of the average stock rather than the median stock. Both the Value Line Composite Index and the Value Line Arithmetic Index serve as indicators for the performance of the overall stock market as opposed to large-cap stocks or particular segments of the market.Value Line Composite Index.Value Line, an independent investment research service, tracks the performance of approximately 1,700 common stocks in its composite index. The index, which is equally weighted, is considered a reliable indicator of overall market trends. |