Dell Inc. is one of the world’s largest technology companies, providing a wide variety of products and services that enable customers to grow and thrive in an increasingly digital world. Dell has a long history of innovation, starting with its namesake and founder, Michael Dell, who founded the company in 1984. Since then, Dell has become a leader in the technology industry, providing products such as laptop and desktop computers, servers, storage solutions, networking equipment, software, and services across a wide range of industries.
The Dell stock index, also known as the Dell Inc. Index (DLI), is a market capitalization-weighted index of the common stock of companies belonging to the Dell Inc. portfolio. It was created in 2010, and is calculated and disseminated by Nasdaq OMX Global Indexes. The portfolio currently consists of 14 publicly traded companies, including Dell, Dell Technologies, Dell Computer Corporation, EMC Corporation, Quest Software, Dell SecureWorks, Pivotal Software, SecureWorks, and other Dell affiliates. Companies are selected for the index based on their market capitalization, liquidity, and other factors.
The DLI is a market capitalization-weighted index with a base value of 1000 from June 30, 2010. The DLI is calculated and disseminated throughout the trading day and consists of price data for the components of the index. It is calculated on a monthly basis and rebalanced on the 3rd Friday of each month. The size of the weight assigned to each component depends on its size relative to the total market capitalization of the index. The DLI is composed of the same components utilized in the Dell Inc. US Stock Portfolio and is designed to track the broad-based performance of the North American technology sector as represented by its components.
The exclusion criteria are designed to ensure that the DLI is composed of companies that demonstrate high liquidity and a sufficient market capitalization. The exclusion criteria also limit the potential for concentration in a particular industry sector or geographic region, which can create an unwarranted and unpredictable risk. The inclusion criteria are also designed to ensure that the DLI reflects the overall performance of the various companies within the Dell Inc. portfolio.
The DLI is one of the most widely tracked and watched indices as it is seen as a barometer of the performance of the North American technology industry. As such, it is extremely important for investors in the technology sector to be able to track the performance of the DLI, which can provide valuable insight into the performance and trends in the industry.
The DLI is seen as a good indicator of how the technology sector is doing, as it is composed of companies that are all part of the Dell Inc. portfolio. As Dell Inc. is one of the largest, most respected technology companies in the world, its performance can have a huge impact on the performance of the broader technology sector. By tracking the performance of the DLI, investors can gain insight into how other technology companies, such as EMC Corporation, Quest Software, Dell SecureWorks, Pivotal Software, and SecureWorks, are performing and where the market is headed.
