Dow Jones 65 Composite Average
Contents
Exploring the Dow Jones 65 Composite Average: A Comprehensive Overview
Understanding the Structure of the Dow Jones 65 Composite Average
The Dow Jones 65 Composite Average, a prominent equity index, encompasses 65 major publicly traded companies spanning the industrial, transportation, and utility sectors. Comprised of the constituent stocks from the Dow Jones Industrial Average (DJIA), Dow Jones Transportation Average (DJTA), and Dow Jones Utility Average (DJUA), this index serves as a comprehensive indicator of market performance across diverse sectors.
Insights into the Dow Jones 65 Composite Average
While the Dow Jones 65 Composite Average offers a broader perspective than the DJIA alone, it remains limited in its representation of the overall market due to its exclusion of significant technology and growth-oriented firms. Despite this limitation, the index provides valuable insights into the performance of traditional industries.
Analyzing the Composition and Weighting
As with its sub-indices, the Dow Jones 65 Composite Average utilizes a price-weighted methodology, where stocks with higher prices exert greater influence on the index's direction. This approach differs from market capitalization-weighted indexes like the Nasdaq 100 and S&P 500, which factor in the total market value of each company.
Exploring Representative Companies
A diverse array of household names populate the Dow Jones 65 Composite Average, spanning industries such as aerospace, transportation, healthcare, and utilities. Notable companies include Boeing, Caterpillar, Exxon Mobil, American Airlines, Delta Airlines, and NextEra Energy, among others.