Index

A measure of the performance of a group of investments. Indices can be calculated on an equal weighted basis (taking the performance of each investment and multiplying it by one, divided by the number of investments, then adding together all of the results) or on a weighted average basis (usually done by taking the performance of each investment and multiplying it by the total value of the investment, divided by the total value of all the investments in the index, then adding together all of the results). Most indices are calculated on a weighted average basis.

Indices are often used by Investment Managers as Benchmarks and by investors to compare performance.

FTSE ET100 Index

FTSE ET100 Index – The FTSE Environmental Technology Index Series measures the performance of companies globally whose core business is in the development and deployment of environmental technologies as defined by the FTSE Environmental Markets Classification System (EMCS). These include Renewable & Alternative Energy, Energy Efficiency, Water Infrastructure & Technology, Waste Management & Technologies, Pollution […]

Policy Potential Index

A composite index in the Fraser Institute’s annual mining survey that measures the effects of government policy on attitudes toward exploration investment.

FTSE 100 Index

A weighted average index of the 100 largest companies by market capitalisation quoted on the main market of the London Stock Exchange (adjusted to reflect their free float)

HCOB PMI

HCOB PMI is an acronym for the Hamburg Commercial Bank Purchasing Managers’ Index – a measure of economic activity. PMI is defined here. HCOB is now endorsing PMI’s produced for the Eurozone, Germany, France, Italy and Spain.

Rally

A rally is a period of sustained rises in the prices of stocks, bonds, or other indexes. This typically involves quick or substantial upside moves over a considerably short period of time.

Large cap

In the US, large cap tends to mean companies with a market capitalisation in excess of $10bn. However, in the UK we tend to think about large cap stocks being those in the FTSE 100 Index. The market cap threshold to qualify for that varies over time but it is roughly £4bn. For QuotedData’s purposes […]

PMI

PMI is an acronym of Purchasing Managers’ Index. Senior managers at selected companies fill out a survey each month, recording measures of business output, new orders, employment, costs, selling prices, exports, purchasing activity, supplier performance, backlogs of orders and inventories of both inputs and finished goods. However, the headline measure is a measure of sentiment […]

Capacity market

The capacity market is a mechanism introduced by the UK Government to manage security of electricity supply in the UK and to safeguard against the possibility of blackouts. Capacity market participants are paid to ensure they are available to respond when there is a high risk that a system stress event could occur. Electricity suppliers […]

Active ETF

Exchange-traded funds have been one of fastest growing fund structures created for investors in recent years. An ETF is a basket of securities that you can buy or sell through a trading platform on a stock exchange. ETFs are normally offered on a wide range of asset classes from traditional investments to so called alternative […]

IMI

IMI in an acronym for investable markets index. The MSCI Investable Market Indexes cover all investable large-, mid- and small-cap securities across the developed, emerging and frontier markets, targeting the inclusion of approximately 99% of each market’s free-float adjusted market capitalisation. These indexes are based on the MSCI Global Investable Market Indexes (GIMI) Methodology, which aim […]

Glossary

Index