Do Bigger Stocks Weigh Heavier On NDX? NDX Formula?

Discussion in 'Technical Analysis' started by Charles01, Feb 19, 2006.

  1. I was looking for information on how the NDX is calculated but couldn’t find anything.

    Does each element have the same weighting on the index or do changes in the price of larger companies move the index more than changes in the price of smaller companies?

    It would be very useful to have the formula used to calculate the NDX. Is it available anywhere?

    Thank for your help.
  2. Thanks a lot for the reply and the inforamtion. I was having trouble finding any information so that's really helped me out.

    Thanks again.