What is the line value index?
The line value index is the same stock-based equity index that calculates the value of about 1700 shares listed on the US Stock Exchange (Amex), the New York Stock Exchange (NYSE), NASDAQ and OVER-the-Market Market. The value of the line publishes the investment survey, the weekly newsletter of shares analysis. The company also offers analysis and purchase options for mutual funds and other securities. Most public libraries transmit a subscription to the investment survey and offer a cheaper method for those interested in accessing data about the survey. If the consumer buys a survey, he may consider the question of his accountant whether the expenditure is tax -deductible.
The value index was created in New York in 1931 Arnold Bernhard, which began to publish a survey of investment in values. As part of its history, the index has become one of the largest and most respected soda orders in the world. It was recommended by some of the most successful players on the stock market in history, including Warren Buffett and Peter Lynch.
The index compares supplies on the same platform, which means that all stocks are evaluated on the same scale. A larger and more known supply is administered by the same treatments as a smaller, less known supply. This method can facilitate investors comparing the likely market performance of a wide range of shares. This method is what is referred to when the line is called the same weighted index. The same weighted indices are similar to non -unused indices.
The composite line index is also considered a wide index, which means that its stock list is so expansive that it qualifies as a good indicator of overall market movement. The line value was in elite indices, which qualify as wide -based, such as the S&P 500, Wilshire 500 and Amex Major Market Index. Because they measure 1700 shares, some investors consider the value line to be a better investment tool for speculative shares than for established.
Although it was widely praised for its history, the index of the line value also had its share in Negalna. In 2009, Jean Bernhard Buttner, the daughter of Arnold Bernhard, was accused by the United States Securities (SEC) for fraudulently invoicing mutual funds for brokerage services. The line value was fined about $ 43 million in the US (USD), while Buttner and the main compliance officer David Henigson was fined $ 1 million and $ 250,000. Both were also forbidden to contact investment companies.