🚨 #FigCast Ep.80 🚨 I was joined by #FootballIndex veteran @Football_MDJ (Mel)



  • 🚨 #FigCast Ep.80 🚨

    I was joined by #FootballIndex veteran @Football_MDJ (Mel) to discuss:

    πŸ‘‰Paul Pogba πŸ‡«πŸ‡· πŸ’‡β€β™‚οΈπŸ—ž
    πŸ‘‰Quintuple Media summer πŸ“° 🐝
    πŸ‘‰How high can top players go? πŸ‘€
    πŸ‘‰Sub Β£1 players πŸ’΄

    Listen:
    πŸ‘‚β›“ https://footballindexguidepodcast.fireside.fm/80

    🍎 iTunes/iOS: https://podcasts.apple.com/gb/podcast/episode-80-i-was-joined-by-football-index-veteran-mel/id1291934749?i=1000436730097🍎

    βœ… Spotify: https://open.spotify.com/episode/6nGBbYRvYlWWu0fkUWtTvP βœ…

    And all your other favourite podcast apps πŸ‘πŸ‘πŸ‘



  • Good one this - some thoughtful stuff. Great to hear Forum leg end Luis Advincula getting a mention too :)



  • @Keegans-Bluff Thanks for listening mate! Glad you enjoyed it :)



  • @The-FIG

    "Footie" Index is the index number that represents the 'market cap' of all 200 footballers in 1st Team List at a point of time - being the sum of the current price of each footballer. Much like the FTSE 100 which was launched on 3 January 1984 and had a start value of 1,000.0, the "Footie" Index launched in October 2015 with a base value of 1,000 points."

    The footie works like any market indices does.

    To calculate the value of a value-weighted index, sum the market capitalization for each company (player) and divide it by a divisor which is set initially to make the index a round number.

    To work it out yourself, you would need to know the total number of shares for each player in issue to work out the market caps and the index divisor, which isn't public.

    To work it out yourself you would do the following calculation:

    Index value = Ξ£(market cap of Top 200)/index divisor

    Index divisor. This arbitrary number, defined when an index is first established, allows us to divide the index to produce an initial value that’s easier to wrap your head around, such as 100.0.

    In short we can never really work it out ourselves because we don't have all the information we need.

    We are suppose to use the "Footie" just like we would any other indices and view is as a representative of the current value of the market to help investors track changes in market values over long periods of time. Just like with the FTSE 100, Dow Jones, S&P, Nikkei ect.

    It could be the FOOTIE is now using all players, not just the top 200 and zendesk needs a update. Either way the above still stands.


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