Previous Page

COMPX

AnalyticsTrade Team
AnalyticsTrade Team Last updated on 26 Apr 2023

Table of Contents

COMPX

COMPX is a financial term used to describe the performance of a company’s stock relative to the performance of the S&P 500 index. The S&P 500 index is a benchmark index that tracks the performance of 500 of the largest publicly traded companies in the United States. The COMPX is calculated by taking the company’s stock price and dividing it by the S&P 500 index. The resulting number is then multiplied by 100 to give a percentage. This percentage is then used to compare the performance of the company’s stock to the performance of the S&P 500 index.

History of COMPX

The COMPX was first developed in the late 1990s as a way to measure the performance of a company’s stock relative to the performance of the S&P 500 index. The COMPX was created to provide investors with a more accurate measure of a company’s stock performance than the traditional market capitalization method. The COMPX has since become a widely used tool for investors to compare the performance of a company’s stock to the performance of the S&P 500 index.

Comparison Table

Company Stock Price S&P 500 Index COMPX
Company A $50 2,500 2%
Company B $100 2,500 4%

Summary

COMPX is a financial term used to measure the performance of a company’s stock relative to the performance of the S&P 500 index. The COMPX was created to provide investors with a more accurate measure of a company’s stock performance than the traditional market capitalization method. The COMPX is calculated by taking the company’s stock price and dividing it by the S&P 500 index. The resulting number is then multiplied by 100 to give a percentage. This percentage is then used to compare the performance of the company’s stock to the performance of the S&P 500 index. For more information about the COMPX, investors can visit websites such as Investopedia, Yahoo Finance, and Bloomberg.

See Also

  • Market Capitalization
  • S&P 500 Index
  • Stock Price
  • Dow Jones Industrial Average
  • NASDAQ Composite Index
  • Price-to-Earnings Ratio
  • Price-to-Book Ratio
  • Return on Equity
  • Earnings Per Share
  • Dividend Yield

Do you like the post? Share it now:

AnalyticsTrade Team

AnalyticsTrade Team

🎉 Introducing AnalyticsTrade's exceptional team of expert analysts! 🌟 These seasoned pros have been dominating the capital market, trading a diverse range of assets for more than 15 years! 📈💹 Get ready to level up your game with our top-notch, captivating resources in the capital market! 🚀📚

Was this article helpful?

X

Thank You for Contacting Us!

Your email has been successfully submitted and we will get in touch with you shortly