There is a high correlation between the Wilshire 5000 index and the alternative NYSE series (S&P 500 and the NYSE), which represents the substantial influence of large NYSE stocks on the Wilshire 5000 index.

Question

Quizplus · Accepted Answer

The statement is true as the Wilshire 5000 index includes all publicly traded stocks on the major US exchanges, including the NYSE and the S&P 500, and thus reflects the performance of large NYSE stocks. Therefore, there is a high correlation between the Wilshire 5000 index and the alternative NYSE series.

There Is a High Correlation Between the Wilshire 5000 Index