Click here to Login








Equal Weighted Index

by QuantShare, 2159 days ago
Share |






This item creates an equal-weighted index given a basket of assets and a reference date. The close, open, high, low and volume fields of the index or composite are constructed based on the weight of each asset on the reference date.

By default, the reference date is set to the beginning of 2008. At that date, the index has a value of 100. On a subsequent date, the close price (or high, open, low, volume) of each asset is divided by the price on the reference/rebalance date, the results are then averaged and assigned to the equal-weighted index.

How to update the list of assets:

- Open the composite tool by selecting "Tools" then "Composites"
- Select the equally weighted index then click on "Update"
- Select your stocks or securities in the "Symbols Filter" control
- Click on "Next" several times to save the composite settings

How to specify the reference date:

- Update the composite
- Click on "Next" then update the first line of the index formula

Example:
year1 = 2006;

To set 01/01/2006 as the reference date

How to rename your equally weighted index:

- Click on the button next to the search box (Composites Form)
- Double click on your composite then rename it


Share This ->
Share |


You have to log in to bookmark this object
What is this?




Type: Composite Index

Object ID: 1083


Country:
All

Market: All

Style:
Technical Analysis

Reviews
You must log in first

Join now
and get instant access for free to the trading software, the Sharing server and the Social network website.
Click here


Related objects
Show All
Valuation ratios for US stocks (by Patrick Fonce, uploaded several months ago)
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 76 Notes Report an item
Sales, Growth and Estimates (by Patrick Fonce, uploaded several months ago)
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 18 Notes Report an item
Earnings: EPS Growth (by Patrick Fonce, uploaded several months ago)
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 31 Notes Report an item
Historical Stock Quotes Data for more than 50 Exchanges (by QuantShare, uploaded several months ago)
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 79 Notes Report an item
US Historical Quotes from NASDAQ website (by Brian Brown, uploaded several months ago)
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 74 Notes Report an item
Historical data for Major World Stock Indices (by QuantShare, uploaded several months ago)
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 114 Notes Report an item
Intraday Quotes for Major Stock Exchanges (by QuantShare, uploaded several months ago)
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 2840 Notes Report an item
Number of reviews
Click to add a review
Average rate
Click to rate this item
Number of times this object was downloaded
Number of rates the current object received
Report an object
if you can't run it for example or if it contains errors
Click to report this object

Technical Analysis


Fundamental Analysis



Random Blog Posts

Diversify your portfolio by investing in stocks from various industries

Day Trading: A trading system that combines intraday and EOD data

Intermarket Analysis - Correlation and Trading Strategies

How to choose which technical indicators to use in your trading system

4 indicators to create adaptive trading systems

How to create buy and sell trading rules based on News Data

3 ways to rank stocks in a trading system - Simulator and Potfolio

4 original breadth indicators you should consider in your market timing strategy

Show All

Number of reviews
Click to add a review
Average rate
Click to rate this item
Number of times this object was downloaded
Number of rates the current object received
Report an object
if you can't run it for example or if it contains errors
Click to report this object






QuantShare
Product
QuantShare
Features
Create an account
Affiliate Program
Support
Contact Us
Trading Forum
How-to Lessons
Manual
Company
About Us
Privacy
Terms of Use

Copyright © 2017 QuantShare.com
Social Media
Follow us on Facebook
Twitter Follow us on Twitter
Google+
Follow us on Google+
RSS Trading Items



Trading financial instruments, including foreign exchange on margin, carries a high level of risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in financial instruments or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.