Composite (finance)
Appearance
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]
References
[edit]- ^ "Composite". Investopedia. Retrieved 2016-05-19.
- ^ "Composite Index: Definition, Types, and Examples". Investopedia. Retrieved 2016-05-19.
- ^ 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. 141 (1): 61–94. doi:10.1007/s11205-017-1832-9. ISSN 1573-0921. S2CID 255002738.