I'm trying to figure out if there's a direct correlation between points and dollars in this context. Specifically, I want to know if 1 point translates to exactly 1 dollar.
7 answers
DigitalLord
Wed Dec 04 2024
Individual stocks have a straightforward pricing mechanism.
EchoSoulQuantum
Wed Dec 04 2024
Specifically, for each stock, one point equates to one dollar.
Filippo
Wed Dec 04 2024
This direct correlation simplifies the mathematical calculations involved.
Lorenzo
Tue Dec 03 2024
On the other hand, stock market indexes present a more complex scenario.
Alessandra
Tue Dec 03 2024
Indexes such as the Dow, S&P 500, and Nasdaq Composite use unique calculation methods.