Base Value

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Base Value

An often arbitrary figure used as the initial value of an index. All future values of the index are comparisons against the base value. For example, suppose an index is formed in 2001 and its base value is 100. If the index is 150 in 2009, it means that its value is 50% higher in 2009 than it was in 2001. It is also called the index number. See also: Base Year.
References in periodicals archive ?
Market analysts said the truncated weekly trade was impacted by better-than-expected wholesale price index numbers.
The CDSI has attributed that to the increase experienced by six of the main sections constituting the index for the cost of living in their index numbers where the section of restaurants and hotels came first by (1.
The All-India Consumer Price Index Numbers for Agricultural Labourers and Rural Labourers (Base: 1986-87=100) for April, 2014 increased by 8 points each to stand at 771 ( Seven hundred and seventy one) points and 773 (Seven hundred and seventy three) points respectively.
The Quantum Index Numbers (QIN) of LSM stood at 113.
of month on month and year on year inflation in Pakistan based on data for the period of July 2001 to June 2010 using the stochastic approach as well as extended stochastic approach to index numbers.
Hereby, it becomes evident that for the assessment of employing real index numbers, the usage of different dimensions is necessary.
As the Charmilles Machining Business Activity Index numbers for September increased, the accompanying Charmilles/US Bancorp Equipment Finance's--USBEF--Machining Industry Financial Strength Index decreased slightly.
Itis driven by NHSH (Net Stock High Speed), a trading tool for PCs that displays stock information, indicative price, charts and index numbers.
THE latest Academic Performance Index numbers provide an interesting and important postscript to the debate over Mayor Antonio Villaraigosa's partial takeover of the Los Angeles Unified School District.
10 /PRNewswire/ -- ShopLocal, LLC, the leading provider of Web-to-store and e-commerce marketing solutions for retailers, introduced its inaugural ShopLocal Index numbers today, showing a dramatic 40% percent increase in unique Web-to-Store shopping visitors from 2004 to 2005 based on figures from ShopLocal's SmartCircular clients.
Louis has published monetary index numbers (often referred to as Divisia monetary aggregates) since the 1980s.
Moreover, tree quality decreases with increasing site index numbers (Tsoumis 1969).