subindex

(redirected from Sub-Index)
Also found in: Dictionary.

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.
Mentioned in ?
References in periodicals archive ?
Average annual rate of change of the Food sub-index for the twelve-month period ending January 2018 over the previous twelve-month average was 19.
As for labor market and wage factors, the sub-index remained unchanged at 107 points, although the number of employed, regular wages and average working hours all rose during the month, the CDRI said.
Saudi Arabia was at 82nd and showing its best performance in the know-how sub-index.
Latvia has shown its best performance in the life quality sub-index where it has scored 69 per cent.
He added that Muscat's poor ranking in the economic sub-index was a temporary problem and would change once plans for diversification are successful.
The city scored its lowest rank in the planet sub-index - in 96 th place - "largely due to energy consumption, pollution and the lack of available green space", the report stated.
The only sub-index that showed a decrease in June was in construction.
Among the three sub-indexes for competitiveness, Korea's ranking rose in the 'basic requirements' sub-index (20th-18th) and remained unchanged in the 'efficiency enhancers' (25th) and 'innovation and sophistication factors' (22nd) sub-indexes.
The "food and non-alcoholic drinks" sub-index was down -1.
The sub-index measuring current business rose to 114.
The efficiency index included a sub-index for the first time this year in order to measure the sufficiency rate of the first segment of capital of risky assets, this is in order to determine banks which are able to create a state of balance between size and quality.
All the indicators included in the access sub-index showed improvement from 2012 to 2013.