Narrow-Based

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Narrow-Based

Generally referring to an index, it indicates that the index is composed of only a few stocks, generally in a specific industry group. See also broad-based.

Narrow-Based

Describing an index that consists of only a few stocks. Generally speaking, a narrow-based index only includes stocks from one industry. These indices are often useful in gauging the performance of the industries they track, but rarely give an indication on movements in the broader economy. See also: Broad-based.

narrow-based

Of or relating to an index composed of a limited number of securities or securities representing a particular segment of the whole. For example, the Dow Jones Transportation Average is narrow-based because it is composed only of the stocks of transportation companies. Compare broad-based.
References in periodicals archive ?
2)Construction of 110kV D/C line with Narrow based tower (KPTCL Design) for the shifting of existing 110kV S/C Nittur-Doddaguni line at proposed HAL premises near Bidarehalli Kaval Village limits,Gubbi Taluk in Tumakuru District on DCW basis.
Our understanding is that a very narrow based financial transaction tax has its disadvantages and provides distortions of the market," Semeta said.
The Minister observed that countrys industry is narrow based, and fragmented which also needs value addition for its competitiveness in the markets.
Understanding how certain deal terms can now impact narrow based and broad based anti-dilution protection.
Futures on narrow based indexes will remain on a per contract basis at execution with no carry fees.
Our recently published TEM Market Landscape provides an overview of the options enterprises can consider, and narrow based on the ability to meet enterprise needs.
In addition, fees for customer transactions in ETFs and Narrow Based Index futures have been reduced by 50% from $1.
Plus, Buzzillions introduces a more confident way to sift through and narrow product selection, called Social Navigation([TM]), by enabling shoppers to narrow based on customer-rated pros, cons and best uses.
Because product specifications for security futures have not yet been announced by the exchanges, OCC created models of single stock and narrow based index futures for the testing scenarios.
Such network floods were occurring on a monthly basis and with only a narrow based DDoS attack on just one customer; connectivity to other accounts was hampered.