Broad-Based Index


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Broad-Based Index

An index that consists of many stocks or stocks in many different industries. Broad-based indices are not terribly useful in gauging the performance of individual industries, but help give an indication on movements in the broader economy. An example of a broad-based index is the Wilshire 5000. See also: Narrow-based.
References in periodicals archive ?
9) and in some months was actually slightly above the broad-based index.
Each Fund combines a broad-based index portfolio with the sale of index call options, seeking to provide an efficient way to achieve steady cash flow.
Commercial Paper Index is a new, broad-based index designed to serve the investment community's need for a benchmark representing the U.
In other words, it is possible that some of the traders who are short believe a pullback will occur before the broad-based index takes out its intraday record.
2 ]The Morgan Stanley Capital International ("MSCI") World Index is a broad-based index, widely used as a measure of stock market performance.
It's worth noting, however, that the broad-based index is only up about 6.
Academic and empirical evidence has firmly established that stock index futures markets are significantly more liquid than alternatives, including broad-based index ETF markets.
In making the announcement, Trevor Ugolyn, President and Research Director, Power Play Research, said, "We are pleased to introduce this broad-based index, especially given the increased worldwide attention focused on alternative energy.
The average company within the broad-based index is expected to show growth of 17%.
The S&P 500 Index is an unmanaged broad-based index that includes 500 of the most widely held U.
TRAKRS are the first broad-based index products traded on a U.
We are committed to providing cost-effective, flexible and broad-based index products that support our customers' unique investment needs.