Estimate Fair value of S&P 500 Index?
931486
The Gordon Growth model is one of the more conservative valuation models.  It is also, in my humble opinion, one of the least accurate due to its simplicity. \n\nThe Gordon Growth model builds off the annuity valuation model [Price = coupon/(r-g)].  Instead of an annuity payment, it's the dividend. Instead of "r" rate of return, it's the required rate of return on the market. In this case, "g" is how much dividends are expected to compound each year into perpetuity. \n\nWe know what the "coupon" is.  According to my handy-dandy E-trade account, AMEX says that the S&P 500 has a 1.71% yield at the current 1386.72 closing price.  That equals a historical dividend of 23.713 compared to the Index "unit". \n\nThe required rate of return is a bit tricky.  In finance classes, the oft-abused statistic is an expected 11% return on the market - of which 7% is capital appreciation and 4% is from dividends.  For grins, let's use the 7% as our "r" in terms of expected return.\n\nEarnings growth has been growing at double digit for the past 18 quarters in a row - an all time record.  We cannot assume super-growth in perpetuity. Historically, earnings growth has averaged around 5-6%, with pronounced dips and rebounds during cycles.  Let's assume 5%. \n\nUsing the perpetuity model, this equals a fair value of 1186 [23.71/(7%-5%)].  \n\nTo show you how inaccurate this is, let's change the denominator by a measly 50 basis points.  We'll change the growth rate from 5% to 5.5%.  The fair value pops to 1580.86, a third higher.  If we go a full percentage point, we off by 100%.  \n\nPretty huge margin of error for one percentage point!
315077
Could be worth something...  \nCheck this site.
924015
http://finance.yahoo.com/q/hp?s=DIS
311985
Do you have someone like Schwab or Merril Lynch managing your account? Is this a 401k? You can get your account activity online through whomever is brokering your account. If it's through your work, go to the personnel office and ask for the information booklet on how to access your account information. If you just want to know how your stock is doing, click stocks on your Yahoo! home page and enter the symbol SHLD. (Kmart owned by Sears holding Co.) That will tell you the value.
151667
i would check with a brokerage firm rather than a bank. stock brokers would want to lock up the stock for sale when it is eligible and therefore would be better equipped to evaluate its worth.\n\ncall any of the major companies or discounters like Schwab and ask for the department that handles 144 stock.
249365
http://finance.yahoo.com/q/bc?s=%5EIXIC&t=my&l=on&z=m&q=l&c=
932703
There are no set rules.  The S&P Index Committee has the final say based on their own criteria.  If you want the full explanation, it is here:\n\nhttp://www.ifa.com/Media/Images/PDF%20files/SP500_Rules_GeneralCriteria.pdf\n\nIt is an easy read.\n\n.
279270
If you are talking about the S&P index then it means Standard and Poor.  For a micro view of what is listed in the S&P Index you can look at the ETF SPY (spiders).  \n\nAs an index the S&P 500 is consisting of 500 stocks chosen for market size, liquidity and industry grouping, among other factors. The S&P 500 is designed to be a leading indicator of U.S. equities and is meant to reflect the risk/return characteristics of the large-cap universe. \n\nCompanies included in the index are selected by the S&P Index Committee, a team of analysts and economists at Standard & Poor's. The S&P 500 is a market-value weighted index - each stock's weight in the index is proportionate to its market value. \n\nThe ETF SPY (Spiders) is composed of the companies that represent the S&P 500.  For more detailed information you can obtain a prospectus at amex.com.
291755
This website gives return on the  S&P 500 for 1,3,5, and 10 years at the bottom of the page.  Since 1926 it has returned ~10.4% a year.
423688
Probably not worth much right now but maybe down the road someday.  You may get more information from this link.  \n\nhttp://www.golfopia.com/genvalue.htm
956543
Right now, the S&P 500 is up 151.47 or 12.1% through Thu.\n\nYou can track it a number of places.  In addition to most newspapers, CNBC often talks about where it is YTD as well.\n\nAs for websites, I use prophet.net mostly.  But here are links to Yahoo where you can keep up with it daily with daily quotes and historical quotes.\n\nCurrent\nhttp://finance.yahoo.com/q?s=%5Espx\n\nHistorical\nhttp://finance.yahoo.com/q/hp?s=%5EGSPC\n\nHope that helps!
809193
Symbol \nGBE (Common Stock)  \n \nResults \nDate Requested 03/03/06 \nClosing Price $9.25 \nVolume 2,354,000 \nSplit Adjustment Factor 1.0000:1 \nOpen $9.40 \nDay's High $9.45 \nDay's Low $9.00
901893
Dear Danicassa:\n\nI am not sure what you speak of. . .?\n\nEquity is not a price.  Equity in investing is the build up of your asset beyond the price YOU paid for it - or the loss you have incurred and therefore, lack of equity.\n\nFor instance, if you buy a home or property or make an investment for $100,000 and sell the property or home or investment for $200,000 you made $100,000 ABOVE what you paid or invested into it.  You got your money, originally invested, back. . .PLUS you got $100,000 MORE.  That is the asset growth, or Equity build up you have received.\n\nIf the home, property, or other investment goes down below the money you paid for it, there is no Equity at all.  You have a loss on your money.\n\nIn making an investment on property or home or apartment buildings, etc., the price you are asked to pay should be the "Fair Market" price.  This is found in COMPS and should be shown to you by the person/people you are investing through, or your Realtor.  Carefully choose your Realtor !  It is calculated by the median or average price of a like-property or home or building , within a radius of several miles.  What the average price of a like property has already sold for and is documented in COMPS.  It shows what similar properties have been able to receive for it and that is the "rule" that is applied.  YOUR investment should not be higher than what has been FAIR in that location.  However, you might get a bargain!  Again, it is called the Fair Market Value.\n\nWithin a fair market value price, the actual Equity build up for the person who sold the investment to YOU is unknown.  It sometimes can be provided by a Seller or a realtor IF you ask to know what they made on the sale to YOU.  But, they do not have to give this information.  The COMPS shows you what is legitimate in that area for that type of investment.  Also, Property Tax rolls show the value appraised by the City and what was paid for a property, I think.  You could possibly look back into the rolls and see what the present owner has been assesed at. (MAYBE see what price they paid.  Not certain.)  These rolls are available to the public.\n\nIn a General Partnership where you invest for a SHARE of a building or complex, you evaluate against COMPS whether the Partnership is being asked to pay more or less for that area with similar properties.  The Fair Market Value.  You would need the number of investors in the Partnership to divide into the overall price and see that portion you are expected to pay.  When you sell your share, you can calculate your portion of the Equity that will be ESTIMATED by the General Partnership for that neighborhood and similar properties within it.  A Realtor is best used for that.\n\nThe expectation on what the property may gain in Equity over a period of time - like 5 years - and what you could expect to receive on your share is calculated by the factors of :\n\n1.   Growth of Income (this includes if the property has a history of being fully rented out ; or a calculation of vacancies and the amount of time of vacancy on your units per year. (Revenue loss has to be included  - due to vacancy.) \n\n2.  Also, maintenance expenses, etc., including all expenses of upkeep through property management fees; gardening fees;  Utility fees; and property taxes per year to be paid. Also Miscellaneous expenses like re-black topping the driveway or parking area.  Window washing, painting, re-landscaping. \n\n3.   Also, the age of the building and what the age of the surrounding neighborhood is.  As buildings get older - they are less in demand.  Aging neighborhoods, receive less Equity build up - prices get held down by age - unless you invest in a prestigious neighborhood.  Included is the amortization of the equipment in a building or complex.  The Pool equipment, i.e., filter, pump, age of the pool and surrounding patio. (Concrete or brick work) ;  air conditioning unit, etc..  All these items must be listed for a p
1131818
I hope you mean valuation of Minority Interest:\n\nMethods for Valuing Minority Interests\n\n\nTop Down: Proportion of the Enterprise Value Less Discount\n\n\n1. Estimate the value of the whole enterprise's equity.\n\n2. Compute the minority owner's pro rata ownership.\n\n3. Estimate how much you should discount own's ownership due to minority interest and lack of marketability, if at all. (Note that if both of these discounts apply, they should be used multiplicatively, not additively. For example, if there is a 40% discount for minority interest and 30% discount for lack of marketability, then the total discount should be 1 - ((1 - 0.3) * (1 - 0.4)) = 0.58 = 58%.\n\n\nHorizontal: Direct Comparison with Sales of Other Minority Interests\n\n\nBy comparing a company with other minority interests, you can avoid valuing the company itself. Instead, if the company was once publicly traded or if you can find a similar company that was publicly traded, you should update the fundamentals of the company with which you are working and then apply a marketablity discount. If you can compare the company with another very similar company, then it may not be necessary to apply any discounts. Unfortunately, it is difficult to find data on closely held stocks. Note that when valuing interests, actual dividends should be used as opposed to the ability to pay dividends to value companies, since the minority interest cannot force the payment of dividends. Furthermore, earnings-related should be used more than asset-related approaches when valuing minority interests.\n\n\nThe Bottom-up Method\n\n\n1. Project both the timing and amounts of future distributions. 2. Project the expected proceeds from the sale of the interest at the end of the investment and the time at which the investment is sold. 3. Discount the above values to determine the present value of the future cash flows and sum them.\n\nInstead (and perhaps equivalently), one can cut out step 2 and then project cash flows into perpetuity.\n\n\nMarket Evidence on Control Premiums and Minority Interest Discounts\n\n\nUsing data from Mergerstat Review, the authors found that control premiums are higher when P/Es are low and lower when P/Es are high. Using data from Houlihan Lokey Howard & Zukin, the authors found that premiums ran a bit higher than what they found in the Mergerstat data.\n\n\nA study found greater discounts from NAV for real estate companies over REITs. The study also found that discounts are greater when revenues, earnings, or dividend payouts are lower and when unrealized capital gains are higher. A study found that the average discount in limited partnerships was 38% from a combination of the minority discount and the lack of marketability. Another study found a median discount of 35% for real estate minority interests\n\n\n\nHowever you simply mean minority interest stake only then:\n\n\n\n Minority Interest\n\nWhen you look at a balance sheet, you will see an entry called "Minority Interest".  This refers to the equity of the minority shareholders in a company's subsidiaries.  An example will help clarify.\n\nIn 1983, Nebraska Furniture Mart was the most successful home furnishings store in the United States.  It's gross annual sales exceeded $88.6 million, and the company had no debt.  At the time, Warren Buffett, the CEO of Berkshire Hathaway, was searching for great businesses to acquire.  After noticing how successful the furniture business appeared to be, he approach the owner, Rose Blumpkin, and offered to buy the company.\n\nAlmost immediately, Rose offered to sell 90% of Nebraska Furniture Mart to Berkshire for $55 million.  The next day, Buffett walked into the store and handed her a check.  This made NFM a partially-owned subsidiary of Berkshire.  (A subsidiary is a company controlled by another company through ownership of at least a majority of the voting stock.)  Since subsidiaries are controlled by their parent companies, acc
1105837
A stock broker can give you a definite answer.  You might try Charles Schwab, Scottrade, or Fidelity.
767532
long-term bullish\nit recently touched 13055. if it breaches 13075, it should go up to 13500-600 with a minor correction\nmay i suggest Infosys: that'a a golden stock
451534
Check out the nasdaq website. Look up that company, find out how much one share of stock is selling for. Then find out the number of available shares. Then multiply the two. That's your answer.\n\nThat doesn't mean you could buy the company for that figure, but that will answer your question.