subindex


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Subindex

A set of securities in an index whose performance is also tracked independent of the other securities in the index. An index may divide itself into subindicies for the different sectors it tracks. For example, the S&P 500 contains 10 subindices representing various sectors of the economy, such as energy or health care companies. A subindex may also be created for subsets of a specific sector. Given an index of the energy sector, for example, one may create subindices of oil companies and alternative energy companies.

subindex

An index based on a particular category of components that make up a larger index. For example, the Nasdaq Composite Index is subdivided into 11 subindexes for categories including banks, computers, industrials, insurance, and telecommunications. Subindexes provide an indication of how particular segments of the market are performing.
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Then, the cumulative value for the subindex for doubts is aggregated in the same way as for the other indicators: zweifsum = zw1verst + zw2wahei + zw3wahaf + zw4legi (max 3); INDZWEIF (7) = (zweifsum/3) x 100.
The third analysis proves the strong relationship between SII and the fourth subindex of NRI - the Impact subindex (Figure 5).
The percent of questions correctly answered was higher for the identifying subindex (56 percent), than for the synthesizing subindex (30 percent).
The European subindex will contain the United Kingdom, Switzerland, and Euroland.
The report's approach to assessing this residual bias is to divide the index into 27 categories, consider what relevant evidence exists in each category on changes either in average product quality or in the variety of product choices available to consumers, and then to make a judgment about the magnitude of the resulting bias in the category subindex.
The overall index grade is reached by ranking the subindex ranking totals and applying them to the curve to obtain a letter grade for the overall index.
Considered separately, the impact of reweighting on each ECI subindex is the same as on the aggregate index.
ProShares Ultra DJ-UBS Natural Gas seeks to provide 2x the daily performance of the Dow Jones-UBS Natural Gas Subindex, before fees and expenses.
The property subindex, which jumped nearly 5 percent in the morning, ended the session up only 1.
The main driver behind the improvement in business conditions last month was a strong growth in output, with this subindex rising to 59.
The PMI survey of around 350 private-sector firms showed that output resumed its steady contraction after a month of growth in June, with the related subindex down at 48.
In the "basic requirements" subindex, Lebanon's performance lagged compared to last year, retreating to 126th from 116th.