Index
A rules-based basket that measures a slice of the market.
Also known as: Indices, Indexes, Stock index, Market index
In detail
A market index tracks the value of a defined group of securities, such as the S&P 500 or Nasdaq-100. Indexes are benchmarks; investors usually gain exposure to them through funds that track them.
Where you’ll see this
Synoptiv annotates this term wherever it appears in a stock analysis. Browse analyzed stocks to see it in context.