SecurityStockWatch.com 100 Index:
Equal-Dollar Weight Index
Index Adjustments

Index Adjustments Due to SecurityStockWatch.com Actions

SecurityStockWatch Action		Adjustment Made To Index		Divisor Adjustment For Index
Constituent change		The company entering the index goes in at the weight of the company coming out. This weight is used to compute Index Shares of the added stock.		None.
Share changes between quarterly share adjustment		None.		None.
Quarterly share changes		There is no direct adjustment, although on the same date, index rebalancing will take place, with each stock's Index Shares adjusted as described above.		An adjustment is caused by rebalancing as described above.

Index Adjustments Due to SecurityStockWatch.com Actions

Corporate Action		Adjustment made to Index		Divisor Adjustment For Index
Spin-off		The price is adjusted to Price of Parent Company minus (Price of Spin-off company/Share Exchange Ratio). Index Shares change according to Equation above, with the weight used being the same as the company had before the spin-off.		None.
Rights Offering		The price is adjusted to Price of Parent Company minus (Price of Spin-off company/Rights Ratio). Index Shares change according to Equation above, with the weight used being the same as the company had before the rights offering.		None.
Stock Split (for example, 2:1)		Index Shares are multiplied by 2, and price is divided by 2.		None.
Share Issuance or Share Repurchase		None.		None.

Mergers, acquisitions, delistings, special cash distributions, etc., can be viewed as one of the above events or a combination of them.