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Index

Statistical composite that measures changes in the economy or in financial markets, often expressed in percentage changes from a base year or from the previous month. Indexes measure the ups and downs of stock, bond, and some commodities markets, in terms of market prices and weighting of companies in the index.

Index

A statistical measure of the value of a certain portfolio of securities. The portfolio may be for a certain class of security, a certain industry, or may include the most important securities in a given market, among other options. The value of an index increases when the aggregate value of the underlying securities increases, and decreases when the aggregate value decreases. An index may track stocks, bonds, mutual funds, and any other security or investment vehicle, including other indices. An index's value may be weighted; for example, securities with higher prices or greater market capitalization may affect the index's value more than others. One of the most prominent examples of an index is the Dow Jones Industrial Average, which is weighted for price and tracks 30 stocks important in American markets.

index

The relative value of a variable in comparison with itself on a different date. Many security price indicators such as the Standard & Poor's series and the New York Stock Exchange series are constructed as indexes. Also called stock index. See also base period.

index

To adjust a variable by a selected measure of relative value. For example, it has been proposed that an investor's basis on a security be indexed for changes in consumer prices so that only real increases in value will be taxed. Also called tax indexing. See also subindex.

Index.

An index reports changes up or down, usually expressed as points and as a percentage, in a specific financial market, in a number of related markets, or in an economy as a whole.

Each index -- and there are a large number of them -- measures the market or economy it tracks from a specific starting point. That point might be as recent as the previous day or many years in the past.

For those reasons, indexes are often used as performance benchmarks against which to measure the return of investments that resemble those tracked by the index.

A market index may be calculated arithmetically or geometrically. That's one reason two indexes tracking similar markets may report different results. Further, some indexes are weighted and others are not.

Weighting means giving more significance to some elements in the index than to others. For example, a market capitalization weighted index is more influenced by price changes in the stock of its largest companies than by price changes in the stock of its smaller companies.

index

(1) A statistical indicator that measures changes in the economy in general or in particular areas.An example is the cost-of-living index.(2) A reference point against which measurements are taken for purposes of making future adjustments.An adjustable-rate mortgage might begin with an interest rate of 6 percent and provide that it will increase or decrease in a like percentage as the increase or decrease between today's quoted price for 10-year U.S.Treasury bonds and the price on the loan's annual anniversary date.We would say that 10-year T-bonds are the index.

Some leading loan indices include

• Wall Street Journal prime
• Federal discount rate
• Fed funds rate
• 11th District Cost of Funds
• 10-year Treasuries
• One-year LIBOR

References in periodicals archive ?
Relationships between morbidity and mortality from tuberculosis and the human development index (HDI) in Venezuela, 1998-2008.
The United Nations classifies countries as having a low, medium, high or very high human development index (UNDP 2014).
14] Table 1: Human Development Index and its components, available online at: http:// hdr.
Table 1 The structure of the Human Development Index Dimensions Long and healthy life Knowledge Indicators Life expectancy Mean years of schooling at birth (MYS) Expected years of schooling (EYS) Limits 20-83.
However, even though Nepal is not a financially strong country, it has been recognized as one of the top ten countries for human development in the world by the United Nations Development Programme (UNDP) Human Development Index report.
For the first time, the 2010 report measures human development in terms of distribution of achievements and opportunities within societies, with an inequality-adjusted Human Development Index (HDI) assessing relative progress among national groups in health, education and income.
The Report was officially launched at UN Headquarters in New York on 4th November by UN Secretary-General Ban Ki-moon, UNDP Administrator Helen Clark and Nobel Laureate Amartya Sen, a principle architect of the report's Human Development Index.
Asian Americans and whites score highest on the latest update of the Human Development Index created by the American Human Development Project.
Summary: Rabat - The validation of the Human Development index (HDI) by the United Nations Development Program (UNDP) lacks rigour and professionalism and causes prejudice to Morocco's socio-economic development efforts, the Foreign Ministry said in a statement issued on Thursday.
As far as Education index, Human development index and life expectancy index concerned, there are only unidirectional Granger causality from ODA to Education index, Human development index and life expectancy index.
The annual Human Development Index, takes into account life expectancy, literacy and school enrolment in 182 countries across the world.
AaAaAa It is important for us to hold discussions to take stock of the Human Development Index, which remains a key indicator for many people though it does not reflect the reality in its entirety, the UN official added.

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