Subindex

AAA

DEFINITION of 'Subindex'

A group of securities that are part of a larger classification, but that are also tracked as a separate group because of a common subcharacteristic.


A subsurvey that is a single component of a broader survey. A subindex answers a smaller question that is part of a larger question.

INVESTOPEDIA EXPLAINS 'Subindex'

For example, a grains subindex might only track soybeans, wheat and corn, providing a snapshot of just one part of the overall agriculture sector. Similarly, a copper subindex would track the performance of just one metal, while a broad-based metals index would track the performance of all metals.


The Present Situation Index is a subindex of the Consumer Confidence Index. The CCI is a broad measure of people's expectations about near-future economic performance, while the PSI emphasizes attitudes toward business and employment conditions. The PSI is combined with another subindex, the Expectations Index, which asks consumers about their expectations for economic activity. Together, these two subindices form the CCI.

RELATED TERMS
  1. Topix Core 30 Index

    The Topix Core 30 Index is a market index composed of 30 of the ...
  2. Index

    A statistical measure of change in an economy or a securities ...
  3. Index Fund

    A type of mutual fund with a portfolio constructed to match or ...
  4. Diffusion Index

    1. A measure of the percentage of stocks that have advanced in ...
  5. BUGS Index - HUI

    An acronym for "basket of un-hedged gold stocks". The BUGS index ...
  6. Sector Fund

    A stock mutual, exchange-traded or closed-end fund that invests ...
Related Articles
  1. Active Trading

    Introduction To The Arms Index

    Developed in 1967 by Richard Arms, this volume-based breadth indicator can be applied over various time periods.
  2. Mutual Funds & ETFs

    Beware The Index Hugger

    These funds put the squeeze on your money. Don't pay for service you're not getting.
  3. Economics

    The ABCs Of Stock Indexes

    Indexes can track market trends, but they're not always reliable. Can you trust them?
  4. Mutual Funds & ETFs

    Index Investing

    Get to know the most important market indices and the pros and cons of investing in them.
  5. Options & Futures

    Investing 101: A Tutorial For Beginner Investors

    Do want to invest, but don't know how to begin? We'll show you the building blocks you need to get started.
  6. Technical Indicators

    What are some of the most common technical indicators that back up Doji patterns?

    Learn important technical indicators that reinforce a doji candlestick pattern to take advantage of profitable trading opportunities.
  7. Forex Strategies

    How do I use Moving Average Convergence Divergence (MACD) for creating a forex trading strategy?

    Consider some forex trading strategies that can be designed using the exponential moving average (EMA) lines on the moving average convergence divergence (MACD).
  8. Trading Strategies

    What are the main differences between Moving Average Convergence Divergence (MACD) & Relative Strength ...

    Learn the differences between the moving average convergence divergence (MACD) and the relative strength index (RSI), and find out how traders use these indicators.
  9. Forex Strategies

    How do I use the Ease Of Movement Indicator to create a forex trading strategy?

    Discover how forex traders can apply the ease of movement indicator with currency pairs to and highlight how sensitive price changes are to volume.
  10. Technical Indicators

    What are the best technical indicators to complement the Ease Of Movement Indicator?

    Find out what kinds of technical indicators and oscillators make the most beneficial confirmation tools when used with the Ease of Movement indicator.

You May Also Like

Hot Definitions
  1. Christmas Island Dollar

    The former currency of Christmas Island, an Australian island in the Indian Ocean that was discovered on December 25, 1643. ...
  2. Santa Claus Rally

    A surge in the price of stocks that often occurs in the week between Christmas and New Year's Day. There are numerous explanations ...
  3. Commodity

    1. A basic good used in commerce that is interchangeable with other commodities of the same type. Commodities are most often ...
  4. Deferred Revenue

    Advance payments or unearned revenue, recorded on the recipient's balance sheet as a liability, until the services have been ...
  5. Multinational Corporation - MNC

    A corporation that has its facilities and other assets in at least one country other than its home country. Such companies ...
  6. SWOT Analysis

    A tool that identifies the strengths, weaknesses, opportunities and threats of an organization. Specifically, SWOT is a basic, ...
Trading Center