   
|
|
|
|
SP 400 Index
|
The SP 400 Index is an equity index representing 400 mid-sized companies in various industries. The SP 400 Index is also called the SP MidCap 400 Index. The SP 400 Index was launched in 1991. The SP 400 Index is a benchmark for valuing companies too small to be included in the SP 500 Index but too large to be included in the small cap SP 600 Index. The SP 400 Index represents over 7% of the entire U.S. equity market. The SP 400 Index is weighted by market capitalization. The SP 400 Index includes mid cap stocks with market capitalizations ranging from about US$1.5 billion dollars to about US$5.5 billion. To be included in the SP 400 Index, a company must be a US company with strong financials (i.e. as reported earnings must be positive for 4 quarters in a row). An SP 400 Index company must have good liquidity. An SP 400 Index company must also be an operating type of company (i.e. no holding companies for example but REITs are allowed). The SP 400 index is calculated by Standard and Poor's in accordance with published specifications. The SP 400 Index is reconstituted on an as needed basis by SP economists, index experts, and members of the SP Index Committee. In 2005, Standard and Poor's developed sub indices to the SP 400 Index. The SP 400 sub-indices are part of the SP/Citigroup Style index series. The SP 400 sub-indices are listed as SP Composite 400/Citigroup growth and value indices and SP Composite 400/Citigroup pure growth and pure value indices. Various Exchange traded Funds (ETF), futures, options, and mutual funds offer investment vehicles to trade the SP 400 Index.
Rate this SP 400 Index definition...
|
|
Where is the market headed? The answer may surprise you. Find out
right now with the exclusive & Barron's recommended charts of Chart of the Day.
|
Popular Terms: EBITDA, liquidity ratio, 401a, deferred tax, command economy, 144a, per diem, margin rate, deferred revenue, required rate of return, cancelled check, open position, stock split, ex-dividend, implied volatility, in escrow, irrevocable trust, limit order, quality assurance, risk management, 1035 exchange, Key Rate Duration, class C shares, current ratio, Zero Cost Collar, 1031 exchange, wholly-owned subsidiary, VIX, reverse mortgage, retained earnings, phantom income, option premium, minority interest, labor relations, ex-dividend date, covered put, real GDP, LIBOR, inflation, dividends payable, diluted share, debt service coverage, balance sheet, APR, equities, average price per share, FICO score, FTSE, stock market close
|
|
|
|
