Finance
Stock Market: Using Proxies To Aggregate Financial Data
A stock market proxy can be termed as a broad representation of any stock market. This market proxy serves as the basis for statistical or index fund studies. For the U.S. stock market, the most popularly used market proxy is called the S & P 500 index. The ETFs or exchange-traded funds and index funds are being constructed for including everything or a part of the stocks within the S&P 500 index. Various analysts and investors can use the price moves in the proxy for conducting statistical research on the patterns exhibited by the stock market.…more »