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 2022: The Year In Review, And Burning Of Bridges
Ajkalian 239 posts, incept 2015-09-16
2022-12-28 10:01:18

@Tickerguy

Quote:
You have too many digits in your DOW number.


No kidding. The Dow as reported is off by a factor of almost 200 if it were calculated as an arithmetic average.

The reason is that the divisor has been revised over time to account for any daily changes regarding additions or deletions and now instead of it being 30 which is how averages are calculate (@sum/@count) it is now 0.1517 and being less than 1 (one) it is a multiplier not a divisor.

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