Arithmetic Index

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Definition: Arithmetic Index

Arithmetic Index
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Full Definition of Arithmetic Index

A purely mathematical average index of securities, based on the changes in each component divided by the sum of all index components, without taking into account financial weighting factors such as market capitalization or share price.

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Arithmetic Index. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/arithmetic-index/.
Chicago Manual of Style (CMS):
Arithmetic Index. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/arithmetic-index/ (accessed: April 19, 2024).
American Psychological Association (APA):
Arithmetic Index. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/arithmetic-index/

Definition Sources

Definitions for Arithmetic Index are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.