Tuesday, February 6, 2018

Why are movements expressed as points and not percentages?

Many articles describe the movement of DOW, S&P500, etc with points. For example DOW has has dropped x points. However wouldn't it make more sense to use a percentage so that we can easily compare price movements at different times? If the dow is increasing over time, 100 points is worth much less now than a previous time.

Or is there a significance to points that I am missing?



Submitted February 06, 2018 at 10:31AM by depiloda http://ift.tt/2E6u5Hb

No comments:

Post a Comment