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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References in periodicals archive ?
DOE-WQI is the sum of weighted subindices for six variables (pH, DO, BOD, COD, N[H.sub.3]-N, and TSS).
The quality of understanding of discourse depends on the strength of the four indicators (i.e., subindices).
All the DFM subindices that recorded trades declined save for the telecoms sector, which gained 1.35 per cent.
We then conducted multivariate regression models to test the independent effects of numeracy, literacy, and plan comparison chart version on the comprehension index and its two subindices. Again, numeracy and literacy were dichotomized in these models.
En Mexico se adopto como indicador general el Indice de Calidad del Agua (ICA), que proporciona un valor global, incorporando valores individuales de una serie de subindices. Este ICA considera entre 13 y 18 parametros, jerarquizados por su peso especifico, a criterio de sus autores.
(PSE) on Thursday said it decided to retain the composition of the 30-company benchmark index based on its recent review, but revised some of the member-companies on other subindices.
Subindices that closed in the red were led by mining and oil, down 0.55 percent, followed by industrial and property stocks.
All other subindices managed to close on the green, led by the All Shares index that gained 27.13 to 4,492.51.
Except for the mining/oil counter, all other subindices faltered.
Gainers were led by mining and oil and the holding firms subindices.
The benchmark Philippine Stock Exchange index (PSEi) shed 163.47 points to close at 7,098.15 points, as all other subindices bled.
Except for the mining/oil counter, all subindices were up.