Composite (finance) explained
A composite[1] or a composite index[2] is a combination of equities or indexes intended to measure the overall market performance over time.
A composite index may also be used in the natural or social sciences to summarize complex or multidimensional data or redundant measures. An example of a composite index in the social sciences is used in the European Lifelong Learning Indicators (ELLI) project.[3]
External links
Notes and References
- Web site: Composite . 2016-05-19 . Investopedia . en.
- Web site: Composite Index: Definition, Types, and Examples . 2016-05-19 . Investopedia . en.
- Greco . Salvatore . Ishizaka . Alessio . Tasiou . Menelaos . Torrisi . Gianpiero . 2019-01-01 . On the Methodological Framework of Composite Indices: A Review of the Issues of Weighting, Aggregation, and Robustness . Social Indicators Research . en . 141 . 1 . 61–94 . 10.1007/s11205-017-1832-9 . 255002738 . 1573-0921.