Define: Index Factor
Index Factor means the ratio of the closing value of a specified index on a given day to the closing value on a reference day.
Index Factor means the ratio of the closing value of a specified index on a given day to the closing value on a reference day.
Relevant Circumstances
- Deriving investment performance metrics
- Benchmarking instrument performance
- Index-linked financial products
- Determining performance ratio in asset management
Relevant Sectors
- Investment Banking
- Financial Services
- Asset Management
- Securities Trading