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Worden Discussion Forum » Customer Training & Support » Ask a Trainer - TC2000 version 7 » MG Industry Average Calculations...

MG Industry Average Calculations... Rate this Topic:
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davidf2
Posted : Sunday, February 13, 2005 10:24:54 PM
Registered User
Joined: 1/30/2005
Posts: 10
 Can you please tell me what the calculation method is that goes into the MG Industry Averages? I can not find this info in the help files or elsewhere on the web site.



Take for instance MG714, Specialty Eateries. The MG chart average looks alot like only one component within the list, and that would be Starbucks. How the other 3 relate to the average I can't figure. Is the MG average price weighted, cap weighted or calculated some other way? The MG price itself does not seem to be a direct multiple of the average price of the component stocks within the MG list. Can you please explain? Thank you.
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Craig_S
Posted : Sunday, February 13, 2005 11:22:49 PM


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Joined: 10/1/2004
Posts: 18,819
 Each MG is basically a weighted average based on the square-root of the captitalization of the components.
- Craig
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