S&P Smallcap 600
What is it? An index of 600 small capitalization domestic stocks. Introduced by the Standard & Poors Corp. in 1994, the S&P SmallCap 600 helps traders, analysts, and portfolio managers follow the performance of stocks issued by relatively small companies, which now have an average market capitalization of just over $500 million. Like the S&P 500, the index is market-value weighted, which means that stock prices are multiplied by the number of shares outstanding. Small-cap stocks often are issued by young, growing companies. They are considered riskier than stocks from larger companies with longer track records, but the potential payoff may be higher.Added By: Brianna
The S&P Smallcap 600 definition has been viewed 257 Time(s)!
Send To Friends!
If you'd like to send the S&P Smallcap 600 definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -We hope you now understand the meaning of S&P Smallcap 600. If you need any more information on this term, please don't hesitate to contact us.