- CFA Exams
- CFA Level I Exam
- Topic 5. Equity Investments
- Learning Module 2. Security Market Indexes
- Subject 4. Different Types of Security Market Indices
CFA Practice Question
Which stock market index is the most comprehensive market measure?
B. Value Line Average
C. Dow Jones Composite Average
D. Dow Jones Industrial Average
E. Wilshire Equity Index
A. S&P 500 Index
B. Value Line Average
C. Dow Jones Composite Average
D. Dow Jones Industrial Average
E. Wilshire Equity Index
Correct Answer: E
The Wilshire 5,000 Equity Index is a stock market measure comprising 5,000 equity securities. It includes all New York Stock Exchange and American Stock Exchange issues and the most active over-the-counter issues. The index represents the total dollar value of all 5,000 stocks. By measuring total dollar value, it is, in effect, a value-weighted measure.
User Contributed Comments 3
| User | Comment |
|---|---|
| farhan92 | you learn something new everyday. |
| Inaganti6 | Who cares about what you learn . We're financial analysts. The billion dollar question is can you make a buck with it. |
| EEEEvia | not only 5000 included |