What is Index?
Answers were Sorted based on User's Feedback
Answer / just venkey
A statistical measure of change in an economy or a
securities market
Is This Answer Correct ? | 6 Yes | 2 No |
Answer / shoukatali
In financial markets, an index is a customized basket of
securities that tracks a particular market or a part of it.
Each index has its own calculation methodology and its own
specific process in order to select particular securities
Is This Answer Correct ? | 3 Yes | 1 No |
Answer / krushna chandra swain (guntha
an index is a device that measures changes in the prices of
a basket of shares, and represents the changes using a
single figure. The purpose is to give investors an easy way
to see the general direction of the market or shares in the
index. The FTSE 100, for example, is calculated by taking a
weighted average of the share prices of the largest 100
companies on the London Stock Exchange. Launched in 1984
with a base figure of 1000, the FTSE is calculated
continuously throughout the trading day. When the media
report that FTSE climbed 37 points today you dont know
exactly which shares in the index climbed and which fell,
but you get an immediate idea of the direction of the
market. Index funds base their investment decisions on
tracking the companies in a particular index.
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / m. momocha singh
It is used to measure general movements in the market and study the market as whole.
Is This Answer Correct ? | 1 Yes | 1 No |
Answer / varunzinn
A number that derives its value from the value of underlying
assets which could be stocks, options, futures etc.
Is This Answer Correct ? | 2 Yes | 5 No |
METHOD TO CLAIM DRAWBACK
accounting equation includes
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