Dow Jones Asian Titans 50 Index
A market capitalization-weighted index of Asia/Pacific stocks designed to capture the blue-chip leaders of the region. The stock universe is the Dow Jones Asia/Pacific Index, from which the 50 largest Japan-based and 50 largest non-Japan based stocks are selected.
The two lists of 50 stocks are given final rankings based 60% on market cap, 20% on current revenues and 20% on current net income levels. The top 25 members are then chosen from each list for the Asian Titans Index, half of which will be made up of Japan-based companies. Investopedia Says:
The index is reconstituted annually, with quarterly weighting updates to account for changes in market capitalization in the member stocks.
Japan is often a large component of any Asia/Pacific index due to the maturity of its economy and stock exchange.The country dominates the top ranks of the Asian Titans 50 Index. Related Terms:
Asia Ex-Japan
Dow Jones 65 Composite Average
Dow Jones BRIC 50 Index
Dow Jones Global Titans 50 Index
Japan Inc.
Nikkei |