Which of the following is NOT a value-weighted series?
A) NASDAQ Industrial Index
B) Dow Jones Industrial Average
C) Wilshire 5000 Equity Index
D) American Stock Exchange Series
E) NASDAQ Composite Index

Question

Quizplus · Accepted Answer

The Dow Jones Industrial Average is not a value-weighted series; it is a price-weighted index, meaning that companies with higher stock prices have more influence on the index's performance, regardless of the actual size or value of the company.

Which of the Following Is NOT a Value-Weighted Series