What is the current Wilshire GDP ratio?
What is the current Wilshire GDP ratio?
The Latest Data The current reading is 214.2%, up from 204.7% the previous quarter. Here is a more transparent alternate snapshot over a shorter timeframe using the Wilshire 5000 Full Cap Price Index divided by GDP.
Is Wilshire 5000 value weighted?
The Wilshire 5000 Total Market Index, or more simply the Wilshire 5000, is a market-capitalization-weighted index of the market value of all American-stocks actively traded in the United States. As of December 31, 2019, the index contained 3,473 components.
What is market cap to GDP ratio of USA?
United States Market Capitalization accounted for 158.1 % of its Nominal GDP in Dec 2019, compared with a percentage of 147.7 % in the previous year.
Is the Wilshire 5000 index higher than the US GDP?
For the first time in history, the total capitalization of companies in the Wilshire 5000 Total Market Index is 1.75 times higher than the GDP of the entire US, according to Jeroen Blokland. The index has been steadily growing since the end of the Great Recession of 2007-2009, reaching 150% of GDP in 2018, for the first time since pre-dotcom times.
Which is better the S & P 500 or the Wilshire 5000?
On paper, the Wilshire 5000 is an objectively better index than the S&P 500 (and the Dow 30). Thats because it covers a much greater percentage of the U.S. market. A market cap weighted index of about 3,500 securities is going to be more robust than a market cap weighted index of around 500 securities.
What does total market mean for Wilshire 5000?
The observations for the Wilshire 5000 Total Market Full Cap Index represent the daily index value at market close. The total market indexes are total market returns, which do include reinvested dividends. The designation Full Cap for an index signifies a float adjusted market capitalization that includes shares of stock not considered available…
How is the Dow Jones different from the Wilshire 5000?
In contrast to the Wilshire 5000, the Dow Jones only contains 30 publicly traded companies. The index is price-weighted, so stocks with a higher share price are given greater weight. For these reasons, it is not as accurate as the Wilshire 5000 for measuring the market capitalization.