The definition of an index is a guide, listing or sign, or a variety of users to measure change. An instance of an index is a list of employee names, addresses and call numbers. An example of an index is a stock market index which is based totally on a trendy set at a selected time. An index value must reflect widespread market conditions, and changes based totally on changes inside the marketplace.
Robotics Index
Robotics is the department of an era that gives with the design, construction, operation, structural disposition, manufacture and alertness of robots. The Robotic Index is constructed to minimize threat via limiting reliance on the largest-cap players, and it's far cautiously structured to seize the boom of rapidly developing robotics and automation businesses across the globe.
Custom Index
A Custom Index is a tailor-made solution designed to healthy clients' precise mandates or funding strategies. Clients have the opportunity to either alter an existing S&P Dow Jones index or create an entirely new index primarily based on their particular requirements.
Index Calculation
The marketplace capitalization of each of the 30 groups comprising the index is first decided by way of multiplying the charge of their stocks with the variety of shares issued with the aid of that company. The free-float market capitalization of the Index calculation parts is then divided using a number referred to as the Index Divisor.
Calculate the index using dividing the current-year result of 0.687 with the aid of the previous year-end result of 0.667 to yield an index of 1.032. Divide income for the later duration by way of sales for the earlier length to calculate the sales boom index. In the example, divide $80,000 via $60,000 to attain an income growth index of 1.333.
Source: https://indexcalculations.webnode.com/l/all-you-need-to-know-about-index/