Composite (finance)
Encyclopedia
A composite or a composite index is combination of equities or index
es 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.
Index (economics)
In economics and finance, an index is a statistical measure of changes in a representative group of individual data points. These data may be derived from any number of sources, including company performance, prices, productivity, and employment. Economic indices track economic health from...
es intended to measure the overall market
Market
A market is one of many varieties of systems, institutions, procedures, social relations and infrastructures whereby parties engage in exchange. While parties may exchange goods and services by barter, most markets rely on sellers offering their goods or services in exchange for money from buyers...
performance
Performance
A performance, in performing arts, generally comprises an event in which a performer or group of performers behave in a particular way for another group of people, the audience. Choral music and ballet are examples. Usually the performers participate in rehearsals beforehand. Afterwards audience...
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)
European Lifelong Learning Indicators (ELLI)
The development of the European Lifelong Learning Indicators is an initiative of the non-profit Bertelsmann Stiftung to monitor the state of lifelong learning in Europe . The main focus of the ELLI project is the ELLI Index. The ELLI index is an annually updated composite indicator summarizing the...
project.