Wilshire 5000

The Wilshire 5000 ( officially Wilshire 5000 Total Market Index ) is a stock market index in which all listed companies are listed and headquartered in the United States.

Calculation

The Wilshire 5000 is a price index in which all U.S. public companies of the New York Stock Exchange, NASDAQ and the NYSE Amex (formerly the American Stock Exchange) listed. The small cap stocks ( small caps ) represent 72 percent of the more than 5,000 listed companies in the Wilshire 5000, but have a share of only twelve percent of the total market capitalization of the index.

The Index will be determined solely on the basis of share prices and adjusted only to income from subscription rights and special. The weighting is based on the market capitalization of the companies listed. Corporate actions such as stock splits have no ( distorting ) influence on the index. The calculation is during NYSE trading hours 9:30 to 16:00 local time ( 15:30 to 22:00 CET) updated every second. The Wilshire 5000 reflects the performance of all U.S. public companies.

History

Historical Overview

The Wilshire 5000 was 1974 by Dennis Tito, the founder of the investment consulting firm Wilshire Associates, first published and calculated back to 1970. Underlying are 1404.60 points on 31 December 1980.

A milestone in the development of the Wilshire 5000 was the 5,000 -point mark, with the closing at 5013.97 points overcame the Index on 24 April 1995 for the first time. The 10,000-point mark for the first time fell on 27 February 1998, when the index ended trading at 10006.44 points. Also in the following years marked the Wilshire 5000 more records.

Until March 24, 2000 he was closing at 14751.64 points, which was an all-time high for seven years. After the bursting of the speculative bubble in the technology sector ( dot-com bubble ), the index fell to a low of 7342.90 points to 9 October 2002. This was a decline from 24 March 2000 by 50.2 percent and represented a loss of about 7,000 billion U.S. dollars in market capitalization. The October 9, 2002 marked the low point of the downturn. From the autumn of 2002, the index was back on the way up. On 8 September 2004, the Wilshire 5000 since 1998, overcame the first time the 10,000 -point mark when he finished trading with 10010.54 points.

On 1 April 2004 joined Wilshire Associates and the publisher Dow Jones & Company 5000 to market a five -year license agreement, the Wilshire together. The stock index was renamed in 5000 Composite Index Dow Jones Wilshire.

On 20 February 2007, the high was outbid on 24 March 2000 with a closing at 14796.54 points. The mark of 15,000 points, the index reached for the first time on 20 April 2007, when he finished trading with 15009.91 points. On 9 October 2007, the Dow Jones Wilshire 5000 with a closing level of 15806.69 points an all time high.

In the course of the international financial crisis in the U.S. real estate crisis originated in the summer of 2007, the index began to fall again. On 8 October 2008 since April 25, 2003, he graduated with 9926.42 points for the first time below the limit of 10,000 points. At the lowest level since November 1, 1996, the Wilshire 5000 fell on March 9, 2009, when he finished trading with 6858.43 points. Since the all-time high on 9 October 2007, this represents a decrease of 56.6 percent.

On 1 April 2009 the license agreement of Wilshire Associates was not renewed by Dow Jones & Company and renamed the index in the Wilshire 5000 Total Market Index. Since then, the publisher Dow Jones Dow Jones Total Stock Market Index, which is practically calculated using the same method as the Wilshire 5000 published.

The March 9, 2009 marked the end of the descent. From the spring of 2009, the market index was back on the way up. Until 29 April 2011, he rose by 111.4 percent to a closing level of 14495.44 points. The slowdown in the global economy and the intensification of the euro crisis led to a fall in the stock index. On 3 October 2011, the NYSE Composite ended trading at 11459.36 points. The loss since its peak on 29 April 2011 amounted to 20.9 percent.

The announcement of new bond purchase programs of the European Central Bank and the U.S. Federal Reserve in principle unlimited extent led to a recovery of prices in the stock market. The monetary stimulus played a greater role in price formation, as the global economic slowdown and the position of the company. On January 11, 2013, the index closed at 15522.88 points, up by 35.5 per cent as on October 3, 2011.

Highs

The overview shows the all-time highs of the Wilshire 5,000.

Milestones

The table shows the milestones of the Wilshire 5,000.

Annual development

The table shows the development of the Wilshire 5,000.