How to Calculate S&P 500 Pips Value - S&P 500 Index
Standard and Poor's 500 is a stock index that tracks the capitalization of 500 stocks that represent major industries in the American economy. The list of 500 companies is made up of stocks listed in the NYSE & NASDAQ.
Index Contracts and Specifications - S&P 500 Index
Margin Required Per 1 Lot for S&P 500 is - $ 12
Value per 1 Pips for S&P 500 is - $ 0.1
The S&P 500 just like the Dow Jones Industrial Average Index is more volatile than most of the other Top Stock Indices, The S&P 500 index will over longterm trend upwards but it will have more price pull-backs and more consolidations than other index. Traders may prefer to trade other indices other than this one if they are more accustomed to trading more stellar trends found in other top stock indices.
One of the reason this index has more oscillations than other indices is because it has more constituent stocks than other indices. This index also has a weighting factor in its calculation which also contribute to making it more volatile.