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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The subindex for new orders hit a nine-month high of 53.
The subindex for new orders edged further into contraction territory at 48.
In the Dow Jones Islamic Market Titans 100 Index and subindex Dow Jones Islamic Market US Titans 50 Index, Baker Hughes Inc.
He asserts that an accurate estimate of the real output of the lottery also could be used to calculate an implicit price index that could serve as a deflator in the national accounts as well as a subindex in the consumer price index.
The Dow Jones SAFE India Index is composed of 50 securities trading in India; it is a subindex of the Dow Jones SAFE 100 Index.
Output growth at UAE private sector firms picked up in September, with the PMI output subindex rising to 54.
The bank has suspended the issuance of iPath Dow Jones-UBS Natural Gas Subindex Total Return (SM) exchange traded notes (ETNs).
Similarly, CEOs' confidence in current business conditions has also improved, with the Current Confidence Index, which measures the confidence of current employment, economic and investment conditions, increasing 4 percent to reach nearly 70 points, the highest point since November 2008 when the subindex started experiencing steep declines.
Because some comprehension items required identifying specific information from the chart while others required synthesizing differences across all plans, we also created two subindices to test whether consumer skills or the revised chart would be related more to one subindex than another.
The banking subindex on the Tokyo Stock Exchange logged a fresh intraday low for the year of 148.
The performance of the high-loan-to-value (HLTV) subindex has not changed appreciably since year-end 2000.
The electronics subindex outperformed the TAIEX, gaining 6.