8.3 Stock Indexes and Averages

In this section

• 8.3.1 Purpose and Function
  Understanding the pivotal role of stock indexes in benchmarking performance and indicating market sentiment.
• 8.3.2 Types of Stock Indexes
  An in-depth exploration of different types of stock indexes, including price-weighted, market capitalization-weighted, and equal-weighted indexes.
• 8.3.3 Major Global and Canadian Indexes
  Exploration of major Canadian and global stock indexes used as benchmarks in the securities industry.
• 8.3.4 Index Construction and Maintenance
  Explore how stock indexes are constructed and maintained, including selection criteria for constituent companies and procedures for rebalancing and adjustments.