Wilshire 5000 Total Market Index - TMWX
Definition of 'Wilshire 5000 Total Market Index - TMWX'A market capitalization-weighted index composed of more than 6,700 publicly-traded companies that meet the following criteria:1. The companies are headquartered in the United States. 2. The stocks are actively traded on an American stock exchange. 3. The stocks have pricing information that is widely available to the public. |
|
Investopedia explains 'Wilshire 5000 Total Market Index - TMWX'The Wilshire 5000 was originally comprised of 5,000 stocks, but today it is made up of more than 6,700. As with all market capitalization-weighted indices, the Wilshire overweights companies with a higher firm value and underweights those with a lower firm value. This is one of the broadest indexes and is designed to track the overall performance of the American stock markets. Its ticker symbol is TMWX. |
Related Definitions
Articles Of Interest
-
An Introduction To Stock Market Indexes
Be in the know - learn about the five most talked about indexes and what makes them all different. -
The ABCs Of Stock Indexes
Indexes can track market trends, but they're not always reliable. Can you trust them? -
The NYSE And Nasdaq: How They Work
Learn some of the important differences in the way these exchanges operate and the securities that trade on them. -
Are The NYSE Trading Floor's Days Numbered?
The Intercontinental Exchange plans to buy the NYSE Euronextfor $8.2 billion. This article examines the implications of the potential sale. -
Has High Frequency Trading Ruined The Stock Market For The Rest Of Us?
HFT is a controversial trading strategy. This article looks at how HFT affects the retail investor. -
What is a stock ticker?
A stock ticker is a report of the price for certain securities, updated continuously throughout the trading session by the various stock exchanges. A "tick" is any change in price, whether that ... -
Stock Exchanges Around The World
We tell you about five of the most popular stock exchanges from around the globe. -
Trading In The Pre- And Post-Market Sessions
After-hours trading may have benefits for traders, but there are some potential problems. -
How are share prices set?
When a company goes public though an initial public offering (IPO), an investment bank evaluates the company's current and projected performance and health to determine the value of the IPO for ... -
What exactly is being done when shares are bought and sold?
Most stocks are traded on physical or virtual exchanges. The New York Stock Exchange (NYSE), for example, is a physical exchange where some trades are placed manually on a trading floor (other ...
Free Annual Reports