A composite or a composite index is a combination of

equities In finance, stock (also capital stock) consists of all the shares by which ownership of a corporation or company is divided.Longman Business English Dictionary: "stock - ''especially AmE'' one of the shares into which ownership of a company ...

index Index (or its plural form indices) may refer to: Arts, entertainment, and media Fictional entities * Index (''A Certain Magical Index''), a character in the light novel series ''A Certain Magical Index'' * The Index, an item on a Halo megastru ...

es intended to measure the overall market

performance A performance is an act of staging or presenting a play, concert, or other form of entertainment. It is also defined as the action or process of carrying out or accomplishing an action, task, or function. Management science In the work place ...

over time. A composite index may also be used in the natural or social sciences to summarize complex or

multidimensional data In statistics, econometrics and related fields, multidimensional analysis (MDA) is a data analysis process that groups data into two categories: data dimensions and measurements. For example, a data set consisting of the number of wins for a singl ...

or redundant measures. An example of a composite index in the social sciences is used in the

European Lifelong Learning Indicators (ELLI) The development of the European Lifelong Learning Indicators (ELLI) 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 ...

project.

References

External links

Composite
on

Investopedia Investopedia is a financial media website headquartered in New York City. Founded in 1999, Investopedia provides investment dictionaries, advice, reviews, ratings, and comparisons of financial products such as securities accounts. Investopedia h ...

Financial markets {{finance-stub