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Registered User Joined: 2/27/2005 Posts: 9
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Can anyone explain to me what derives the volume and price when looking at that various Morningstar Industry Groups in TC or SF. Example MG420 (Financial Services). Do these industry groups trade or is this a compilation of the securities in the grouping.
Thank you.
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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The Industries and Sub-Industries do not trade. Their Values are calculated over time from their components which have been weighted by the square root of their capitalization.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 2/27/2005 Posts: 9
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Thanks Bruce...I figured as much
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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You're welcome.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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