Learn to Analyze Stock Market and Help in Related Assignments with Finance Assignment Help

Shares and stock market is an important component of finance subject. When a student pursues finance as a career he/she goes through a thorough study of shares and stock market. This is generally a new field for students and they find difficulties in solving and analyzing questions based on that. In higher studies like MBA a student needs to go for various assignments related to these topics. Students find this analysis very tough and especially for those who are not having a background of this. But now things become easy with Expertsmind online assignment help. They provide online finance assignment help to students so that they can get instant and quality solutions to their queries. Other than they can take a better knowledge of concepts and topics of subjects so that they are able to solve other problems related to same topic in an highly efficient manner. Like Dow Jones industrial average is not known by many students but it is an important topic included in knowledge bank of student.
The Dow Jones Industrial Average which is also called the Industrial Average, or the Dow Jones, the Dow 30, or simply the Dow, is a stock market index of United States of America, and is among one of several indices created by Wall Street Journal editor and Dow Jones & Company co-founder Charles Dow. It was founded and established on May 26, 1896 and is owned by Dow Jones Indexes. It is an index which shows how 30 big, publicly owned companies based in the United States have traded in a standard trading session in the stock market. It is the second oldest U.S. market index.
The value of the Dow is not the real average of the prices of its constituent stocks, but it is rather the sum of the component prices which are divided by a divisor, which changes whenever any one of the component stocks has a stock split or stock dividend that generates a consistent value for the index.
Calculation of DJIA
1. To compute the DJIA, the sum of the prices of all 30 stocks is divided by a divisor referred to as Dow Divisor. The divisor is accustomed in such a way that in case of stock splits, spinoffs or similar kind of structural changes there will no alteration in the numerical value of the DJIA. Earlier divisor was composed of the original number of constituent which made the DJIA, a simple arithmetic average. But the present divisor, after many adjustments, is less than one which means the index is larger than the sum of the prices of the constituent. That is:

p presents the prices of the component stocks
d represents the Dow Divisor.
In case of events like stock splits or alterations in the list of the companies composing the index alter the sum of the component prices. In that case, so as to avoid discontinuity in the index, the Dow Divisor is updated:

Currently, The Dow Divisor is 0.132129493.

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