Google Finance S&P 500 is a short word for The Standard and Poor’s 500, or just S&P 500.it is a free-flat weighted measurement stick market index of 500 of the largest companies listed on the stock exchange in the United States. According to Wikipedia, https://en.wikipedia.org/wiki/S%26P_500 S&P 500 is the most followed equity indices.
The S&P 500 index is a capitalization-weighted index and the 10 largest companies in the index account for 27.5% of the market capitalization of the index. The other weighting companies are Apple Inc., Amazon, Facebook, Microsoft, Alphabet Inc.
(Class A & C), Berkshire Hathaway, Tesla Inc., JPMorgan Chase & Co, and Johnson & Johnson. Continue reading this article in Google Finance S&P 500.
Google Finance S&P 500
The Google for S&P 500 stock market index, maintained by S&P Dow Jones indices. It comprises over 505 common stocks issued by 500 large-cap companies and traded on American stock exchanges and covers about 80% of the American equity market by capitalization.
Google Finance is a site that focuses on business news and other financial information and its host by Google. Google Finance was first used on March 21, 2006. According to Wikipedia, https://en.wikipedia.org/wiki/Google_Finance. The services featured business and enterprise headlines for many corporations including their financial decisions and major news events.
By September 22, 2017, Google announced that the Google Finance website will be embarking on a renovation that the portfolio features will come up again by the middle of November 2017. By 2018, the site came up again after renovation. And new features we’re adding, old portfolio features were migrated to the new website. Continue to read further on Google Finance.
Google Finance is said to be the best tool to use for your investment. For your individual stocks and investing your money to earn, Google Finance is the right site to carry out your proper research. Also, a place to learn more on investment in stock strategies that will assist you to reach your financial goals.
However, one of the strategies in investing is using Exchange-trade funds (ETFs). With ETF it, therefore, means that you do not have to choose individual stocks rather, they will be chosen for you. For example, if you wish to make an investment in gold stocks but do not which of the stock to select, with the Google Finance portfolio tool such issue will be handle for you.
Selection Criteria S&P 500
S&P 500 selection criteria on its index are conducted by a committee managed by S&P Dow Jones indices. Unlike indices like the Russell 1000 which are strictly rule-based. S&P 500 index components of selection by the committee for a new eligible addition are accessed by the performance of the company using eight criteria.
These criteria are Market Capitalization, liquidity, public float, Global industry, domicile, Global Industry Classification, Standard. Also, in the representation of the industries in the economy of the United States. Financial viability, length of time publicly traded, and stock exchange. Here are the requirements to be added to the index;
- Market Capitalization must be equal to or greater than the US $11.3 billion.
- Annual dollar value traded to float-adjusted market capitalization is greater than 1.0.
- The company must be in the US.
- The minimum monthly trading volume of 250,000 shares every six months leading up to the evaluation date.
- The company must be listed on either the New York Stock Exchange (including NYSE Arca or NYSE American) or NASDAQ (NASDAQ Global Select Market, NASDAQ Select Market, or the NASDAQ Capital Market).
- Securities eligible for an incursion in the index are limited partnership, master limited partnerships, and their investment trust units. Also, with OTC Bulletin Board issues, closed-end funds, exchange-traded funds, exchange-traded notes, royalty trusts, tracking stocks, preferred stock, unit trust. Inclusive too are equity warrants, convertible bonds, investment trust, American depository receipts, and American depositary shares.
However, to remain indicative of the largest public companies in the United States, the index is reconstituted quarterly. Efforts are made to maximize turnover in the index as a result of declines in the value of constituent companies.