How do I calculate the dow jones industrial average?
The Dow Jones Industrial Average (DJIA) is an important index of the largest U.S. stocks. To calculate the DJIA, the stock prices of the 30 companies are added together and then divided by the divisor. This can be expressed mathematically as:
DJIA = (Σ Stock Prices of 30 Companies) / Divisor. To calculate the DJIA using Sourcetable, you will need to input the stock prices of the 30 companies and the divisor. Please note that the Dow Jones Industrial Average is a proprietary index, and the exact methodology and Dow Divisor value are maintained by S&P Dow Jones Indices, the organization that oversees the index. The Dow Divisor is not publicly disclosed and is subject to periodic adjustments.
What is the Dow Jones Industrial Average?
The Dow Jones Industrial Average (DJIA) is a collection of 30 large, publicly-owned blue-chip companies. It is one of the most commonly used benchmarks for measuring the performance of the stock market.
Which companies are included in the Dow?
The 30 companies included in the Dow are well-known companies such as Apple, Microsoft, Walmart, and ExxonMobil.