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Why does not index (S&P500, NASDAQ, Dow Jones, etc), use liquidity?

Stock indexes such as SP500, NASDAQ, Dow Jones, etc all try to capture the temperature of the market. If the market cap of the companies in the market increase, the index increase. But, imagine a ...
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Create a turnover based stock index, for non liquid stocks?

I want to create an stock index that use the turnover, and not the price. How to do that? The problem I am trying to solve, is that if one stock has a very low trading volume, but the stock price is ...
Orvar Korvar's user avatar