Practical Machine Learning Cookbook

Modelling SP 500

The value of the stocks of the 500 largest corporations by market capitalization listed on the New York Stock Exchange or Nasdaq Composite is measured by the S&P 500. Standard & Poor's provides a quick look at the movement of the stock market and economy on the basis of stock prices. The S&P 500 index is the most popular measure used by the financial media and professionals. The S&P 500 index is calculated by taking the sum of the adjusted market capitalization of all S&P 500 stocks and then dividing it with an index divisor developed by Standard & Poor's. The divisor is adjusted when there are stock splits, special dividends, or spinoffs that could affect the value of the index. The divisor ensures that these non-economic factors ...