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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.
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Among the 109 countries, including India and China, surveyed on 79 variables under 9 subindices -- such as, economic fundamentals, entrepreneurship and innovation, education, democratic institutions, governance, health, personal freedom, security and social capital -- China predictably surpassed India, 75 to 45, on the economic indicators as well as on social ones like education and health. While the extremely strong top-line number shows that some manufacturers are celebrating, the subindices show that while the manufacturing environment is improving, there is still plenty of cause for concern," said Megan Ellis of Moody's Economy. While the extremely strong top-line number shows that some manufacturers are celebrating, the subindices show that while the manufacturing environment is improving, there is still plenty of cause for concern," said Megan Ellis of Moody's Economy. |
subindices |
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