Palisades Water Index

DEFINITION of 'Palisades Water Index'

A stock market index that gauges the performance of global water industry companies. These companies encompass such subsectors as water utilities, pump and filter manufacturers, and irrigation equipment. The index was created in order to capitalize on the growing public awareness of water provision and treatment.

BREAKING DOWN 'Palisades Water Index'

As of December 31, 2003, the index was set at 1,000. In order to find out where it is now, look for ticker symbol ZWI. The index is a modified, equal weighted dollar index and trades on the AMEX.

RELATED TERMS
  1. Water ETF

    An exchange-traded fund that invests in companies operating in ...
  2. Produced Water

    Waste water generated during the production of oil and natural ...
  3. Water Quality Improvement Act Of ...

    Legislation that expanded the federal government's authority ...
  4. Above Water

    1. Refers to the condition of a company's asset when its actual ...
  5. Weighted Average Market Capitalization

    A stock market index weighted by the market capitalization of ...
  6. Water Damage Legal Liability Insurance

    A policy that provides financial protection to a person or business ...
Related Articles
  1. Professionals

    Risks to Consider When Investing in Water

    Investing in water should be a lock. But water is volatile and could see as many risks as potential rewards.
  2. Professionals

    Top ETFs, Mutual Funds for Investing in Water (PHO, PIO)

    The nation's water supply is declining as demand is increasing. This presents an investment opportunity, just mind your liquidity.
  3. Personal Finance

    Looking for Cost-Effective Ways to Save Water?

    There are lots of things you can do to save water at home while reducing your ecological footprint at the same time. Here are five simple ways to do it.
  4. Stock Analysis

    In Focus: Water Scarcity

    After a discussion, sponsored by CDP, we share the importance of water disclosure as it relates to businesses operating amid increasing water scarcity.
  5. Options & Futures

    Water

    One of the most important natural resources we have is water as it is a necessity in our survival.
  6. Investing News

    Should Water Be Privatized?

    Could water privatization mean lower costs, greater efficiency and higher quality compared to public sector providers? A look at the evidence so far.
  7. Stock Analysis

    How Procter and Gamble Plans to Deliver 15 Billion Liters of Clean Water by 2020 (PG)

    Learn how Procter & Gamble plans to deliver 15 billion liters of clean drinking water by 2020 through its Children's Safe Drinking Water program.
  8. Mutual Funds & ETFs

    Index Investing: What Is An Index?

    An index is a statistical measure of the changes in a portfolio of stocks representing a portion of the overall market. It would be too difficult to track every single security trading in the ...
  9. Investing Basics

    The Pros and Cons of Indexes

    Learn about the advantages and disadvantages of stock indexes and passive index funds. Discover how there is an opportunity cost to using index funds.
  10. Personal Finance

    Bottled Water

    Consumers just can't live without these costly items.
RELATED FAQS
  1. What does it mean to be "above water"?

    The term "above water" is used to describe any situation in which the ending or current value of a subject is higher than ... Read Answer >>
  2. How strongly does government regulation impact the utilities sector?

    Read about the impact of government regulation on the utilities sector, particularly as is pertains to the water and electricity ... Read Answer >>
  3. What are the main benchmarks that track the performance of the utilities sector?

    Learn about the main benchmarks that track the performance of the utilities sector, such as the Dow Jones Industrial Average ... Read Answer >>
  4. What average annual total return does the utilities sector generate?

    Learn the average annual total return the utilities sector generates for investors and why their returns are dependent on ... Read Answer >>
  5. Is it possible to invest in an index?

    First, let's review the definition of an index. An index is essentially an imaginary portfolio of securities representing ... Read Answer >>
  6. How can particular scarcities benefit specific stocks?

    Learn about scarce resources, such as crude oil and water. Explore how companies that produce these resources have benefited ... Read Answer >>
Hot Definitions
  1. Cost Of Debt

    The effective rate that a company pays on its current debt. This can be measured in either before- or after-tax returns; ...
  2. Yield Curve

    A line that plots the interest rates, at a set point in time, of bonds having equal credit quality, but differing maturity ...
  3. Stop-Limit Order

    An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will ...
  4. Keynesian Economics

    An economic theory of total spending in the economy and its effects on output and inflation. Keynesian economics was developed ...
  5. Society for Worldwide Interbank Financial Telecommunications ...

    A member-owned cooperative that provides safe and secure financial transactions for its members. Established in 1973, the ...
  6. Generally Accepted Accounting Principles - GAAP

    The common set of accounting principles, standards and procedures that companies use to compile their financial statements. ...
Trading Center