- CFA Exams
- CFA Level I Exam
- Topic 5. Equity Investments
- Learning Module 2. Security Market Indexes
- Subject 2. Index Construction and Management
CFA Practice Question
Which stock market index is computed using a price-weighted average?
II. Value Line Average
III. NYSE Index
IV. Wilshire Equity Index
V. Dow Jones Industrial Average
I. S&P 500 Index
II. Value Line Average
III. NYSE Index
IV. Wilshire Equity Index
V. Dow Jones Industrial Average
Correct Answer: V only
User Contributed Comments 4
| User | Comment |
|---|---|
| aniketcpp | S&P- Market Capitalization Value Line: Equal Weight NYSE: Market Capitalization Wilshire: Market Capitalization DJIA:Price weight |
| abs013 | Thanks aniketcpp |
| maryprz14 | "Wilshire; by measuring total dollar value, it is, in effect a value-weighted measure." Analystnotes, Reading 46, Subject4, Question 5 |
| khalifa92 | do we have to know these? seems unnecessary to me. |