O'Reilly logo

The Financial Times Guide to Using the Financial Pages, 6th Edition by Mr. Romesh Vaitilingam

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

6

Indices and aggregates: market indicators

“ We live in the Age of Performance. Performance means, quite simply, that your portfolio does better than others.”

George J W Goodman(“Adam Smith”)

“ The past history of the series (of stock price changes) cannot be used to predict the future in any meaningful way. The future path of the price level of a security is no more predictable than the path of a series of cumulated random numbers.”

Eugene Fama

  • An index tracks the value of a basket of shares over time. A basket typically includes the shares of companies of a similar industry, size or location.
  • Stock market indices are invaluable benchmarks for evaluating investors’ performance. For business managers too, such benchmark information is highly ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required