Glossary of Investment Terms

Value Line Arithmetic Composite Index—an equally weighted price index of all stocks covered in The Value Line Investment Survey. Arithmetic refers to the averaging technique used to compute the average. See Arithmetic Average.

Value Line Geometric Composite Index—an equally weighted price index of all stocks covered in The Value Line Investment Survey. Geometric refers to the averaging technique used to compute the average. See Geometric Average.

Value Line Geometric Industrial Index—an equally weighted price index of all stocks in The Value Line Investment Survey, except for utilities and rails. Geometric refers to the averaging technique used to compute the average. See Geometric Average.

Value Line Geometric Rails Index—an equally weighted price index of railroad stocks reviewed in The Value Line Investment Survey. Geometric refers to the averaging technique used to compute the average. See Geometric Average.

Value Line Geometric Utilities Index— an equally weighted price index of utility stocks reviewed in The Value Line Investment Survey. Geometric refers to the averaging technique used to compute the average. See Geometric Average.