Real Money Post Industrial Average

Real Money Post Industrial Average (RMPIA) Today

261.14 +6.73 | 2.65%
Apr 26, 2018 | 4:06 PM EDT
RMPIA Year-to-Date: 3.57%
RMPIA 52 Week Range*:
*Since inception date of Jun 1, 2016


What Is the RMPIA?

It's been obvious for a long time the Dow Industrials don't represent the stock market we all invest and trade in every single day. That’s why we created the Real Money Post-Industrial Average (RMPIA).

We asked all our Real Money contributors one simple question: what are the most important stocks today? From those initial suggestions, Jim Cramer further curated the list to give us the inaugural 30 components of the RMPIA.

The moves in this index should give you extra insight into how today's market is doing.

Digging into the finer details, RMPIA is a modified market-cap weighted portfolio. The weightings were set based on market valuation at the close of trading on May 31. We launched the index on June 1 with a starting value of 200, as this is a 2.0 style of equity index.

As with the S&P 500 and the majority of equity indexes, the largest names in the portfolio carry a higher impact. That said, we’ve modified the weightings so that the top few names don’t overshadow the smaller components, which is what tends to happen with other closely-followed indexes. 

We will rebalance the index annually, re-ranking and resetting the weightings to the initial levels. Should a company leave the index between re-balancings through acquisition or other reason, it will be replaced with a component that carries an equal weighting. 

Columnist Conversations

Stock picking contests can be entertaining and can provide some interesting ideas but if you seriously want to...
Your Reality Check. Check out Real Money's Helene Meisler's latest podcast here. Subscribe to Meisler's T...
XBTUSD (Bitcoin) On 4/25 Bitcoin top ticked @ 9755.52 and then FELL. Our first short term support @ 8990 was...
join me after the close for a free webinar as we talk volatility and markets. https://attendee.gotowebina...


Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data & Company fundamental data provided by FactSet. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by FactSet Digital Solutions Group.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.