Artificial Intelligence Index
Artificial intelligence index is an effort to track and visualize data regarding artificial intelligence. It is comprised of companies that use artificial intelligence.
Artificial intelligence indices track the performance of companies that are positioned to benefit from the development and utilization of artificial intelligence in their products and services. The index intends to reflect the performance of the companies engaged in applications of artificial intelligence. Advancement in artificial intelligence companies takes advantage of the long-term trend towards automation, which might affect their revenue. The data allows a detailed breakdown of revenue sources of the eligible companies, helping this index to select companies with substantial positive artificial intelligence exposure.
NSE Indices Limited calculates series of thematic indices to show the performance of the companies that represent a movement in a specific theme. Thematic indices are calculated by NSE Indices taking into the account the stock traded on the national stock exchange. Free float market capitalization method is used.
Index Development
Information about the price movement of products in the financial, commodities or any other markets is known by index. Index development is done to measure the price movement of stocks, bonds and other forms of investment. Index development provides a historical comparison of returns of money invested in the stock market against gold or debt. They give out highly up to date information.