NYSE Composite Index

Business / Finance / NYSE Composite Index: Composite index covering price movements of all new world common stocks listed on the New York Stock Exchange. It is based on the close of the market on December 31, 1965, at a level of 50.00, and is weighted according to the number of shares listed for each issue. Print changes in the index are converted to dollars and cents so as to provide a meaningful measure of changes in the average price of listed stocks. The composite index is supplemented by separate indexes for four industry groups: industrial, transportation, utility, and finance.

Other Words for Index

Index Noun Synonyms: guide, directory, list, listing, table of contents, catalogue, key, thesaurus
Index Adjective Synonyms: mark, sign, clue, token, hint, pointer, indicator, indication, guide
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OEX Index

Business / Finance / OEX Index: Applies to derivative products. Quotron symbol for the S&P 100 index option. MORE

Optimization Approach To Indexing

Business / Finance / Optimization Approach To Indexing: An approach to indexing that seeks to optimize some objective, such as to maximize the portfolio yield, to maximize convexity, or to maximize expected total returns. MORE

Palmer Drought Index

Business / Agriculture / Palmer Drought Index: A measure of the severity of prolonged periods (months or years) of abnormal dryness or wetness over large regions, published periodically by the Joint Agricultural Weather Facility. The Palmer Index MORE

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