Dow jones global index (djgi), Financial Management

Assignment Help:

Dow Jones Global Index (DJGI)

The DJGI aims to cover 95% of market capitalisation at country level. As with FTSE and MSCI, there are the same 23 developed markets, but with greater coverage many more names are included. The DJGI universe is created by first aggregating all stocks traded on the local exchanges of eligible countries and assigning each company to the country of its primary market listing. After screening out non-common issues and illiquid stocks, each remaining company is assigned to an industry group according to its primary line of business. The selection process then proceeds at the country level (for developed markets excluding Europe) or at the aggregate level (for all Europe and all emerging markets).

These indices are designed to be investable by including only sufficiently liquid stocks. Issues under consideration for index inclusion are screened to ensure that they are actively traded and are readily accessible to investors. The indices are free float adjusted to exact percentages, with a minimum 5% free float requirement. At the end of May 2007, the DJGI was composed of 2500 largest capitalized companies stocks across 34 countries, with a total market capitalisation of over US$44 trillion after investability adjustment.


Related Discussions:- Dow jones global index (djgi)

Compute the expected stock price, 1. Using ratio analysis, compare your fif...

1. Using ratio analysis, compare your fifth year to the current year and discuss. 2. Compute the expected stock price at the end of the fifth year. Assume your stockholders hav

Explain the country’s balance of payments data, Why would it be useful to e...

Why would it be useful to examine a country’s balance of payments data? Answer:  It would be helpful to observe a country’s BOP for at least two reasons. First, BOP offers detail

Functional areas of financial management, FUNCTIONAL AREAS OF FINANCIAL MAN...

FUNCTIONAL AREAS OF FINANCIAL MANAGEMENT The scope of financial management is all pervasive and covers approximately all the functional areas of an organization. A number of t

Report on liquidity and financing, Extent of Financing Required It is ...

Extent of Financing Required It is clear that sales are unsure with low, high and medium estimates of demand. This of itself gives a few uncertainty but the reliability and pr

Cost of equity share capital, Cost of Equity Share Capital (ke) The co...

Cost of Equity Share Capital (ke) The cost of equity capital is the 'maximum rate of return that the Co. must earn on equity financed portion of its investments in order to go

Can a corporation have too much working capital, Can a corporation have too...

Can a corporation have too much working capital?  Explain. A firm can have in excess of working capital if it is losing the opportunity to invest in high returning fixed assets

Interest rates over the business cycle, Interest rates are the key de...

Interest rates are the key determinants of business cycles in emerging market countries. In the past, several economies had experienced frequent and great changes

Risk-free interest rate, Price an Asian call option with on a stock with th...

Price an Asian call option with on a stock with the initial stock price $50 and volatility 30$. The strike price of the option is $52. The time to maturity of the option is 3 month

Cost of capital, what is the cost of capital and advantages of it?

what is the cost of capital and advantages of it?

Factors considered for analyzing sovereign rating, Table 1:  ...

Table 1:  Politics Stability of the existing government structure National/provincial government r

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd