ABX index

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Dictionary Says

Definition of 'ABX index'

A financial benchmark that measures the overall value of mortgages made to borrowers with subprime or weak credit. The ABX index uses credit default swap contracts to come up with an overall value and is made up of 20 bonds that is comprised of groups of subprime mortgages. Using this index, financial institutions are able to determine if the market for these securities are improving or worsening. Also referred to as Asset-Backed Securities Index.
Investopedia Says

Investopedia explains 'ABX index'

For example, if the ADX Index increases, this means there is less risk with subprime mortgages and vice versa. It was created by Markit and is useful for investors interested in subprime mortgages. Subprime mortgages being mortgages given to customers with faulty or weak credit.
Search results for

'ABX index'

  • The Alphabet Soup Of Credit Derivative Indexes

    http://www.investopedia.com/articles/optioninvestor/07/credit-der-index.asp
    ... So, the ticker ABX.HE.AA, for example, denotes an index that is based on a basket
    of 20 ABS Home Equity (HE) credit default swaps whose reference obligations ...

  • Top Earning Canadian CEOs

    http://stocks.investopedia.com/stock-analysis/2011/Top-Earning-Canadian-CEOs-ABX-CNI-OCX.TO-TD-RCI-GRS-NKO-FTT.TO0110.aspx
    ... Barrick Gold (NYSE:ABX). ... With the Canadian stock market improving 18% in 2010, as
    measured by the iShares MSCI Canada Index ETF (NYSE:EWC), there is one company ...

  • Which ETF To Choose: Small Cap Vs. Large Cap

    http://stocks.investopedia.com/stock-analysis/2009/Which-ETF-To-Choose-Small-Cap-Vs.-Large-Cap-PZD-SZG-IWP0309.aspx
    ... ABX and APOL each have much lower beta ratios of 0.53 and 0 respectively. A beta
    of 0 suggests no correlation to the performance of a broad market index like ...

  • Hedge Inflation With Gold ETFs

    http://stocks.investopedia.com/stock-analysis/2008/Hedge_Inflation_With_Gold_ETFs_IAU_GLD_GDX.aspx
    ... Canada's Barrick Gold Corporation (NYSE:ABX),; South Africa's Anglogold Ashanti,
    Ltd (NYSE ... XME) tracks the S&P Metals and Mining Select Industry index making it ...

  • 2010: The Year Of The Gold Bug

    http://stocks.investopedia.com/stock-analysis/2010/Dec-2010-Was-A-Year-For-Gold-Bugs-GLD-AU-GG-KGC-KGN-ABX1211.aspx
    ... will likely finish 2010 up nearly 30%, easily outperforming the S&P 500 Index. ... Barrick
    Gold (NYSE:ABX), the multi-billion-dollar giant gold mining company, is ...

  • Buying Natural Resources At A Discount

    http://stocks.investopedia.com/stock-analysis/2011/Buying-Natural-Resources-At-A-Discount-ASA-BCX-BGR-CFD-PEO1018.aspx
    ... including mainstays like Goldcorp (NYSE:GG) and Barrick Gold (NYSE:ABX) as well ... place
    in many portfolios with the PowerShares DB Commodity Index Tracking (NYSE ...

  • 11 Stocks to Watch for the Next Uptrend

    http://stocks.investopedia.com/stock-analysis/moneyshow/11StockstoWatchfortheNextUptrend.aspx
    ... Agnico-Eagle Mines (AEM), and some of the others, Barrick Gold (ABX), they really ...
    Because the consumer price index numbers are going, shall we say, up...and it ...

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