Financial Indices

Broad-Based Indices: Comprehensive Market Performance Measurement
Broad-Based Indices are financial tools that measure the performance of the entire market or a significant segment of it. They provide a comprehensive overview of market trends and are widely used by investors and analysts.
Sector Indices: Financial Indices Focused on Specific Sectors
Sector indices are financial indices that track the performance of specific sectors or industries within the market, providing investors with relevant benchmarks and insights into the performance of particular segments of the economy.
Average: Definition and Applications Across Fields
The concept of average, often understood as the arithmetic mean, is pivotal in mathematics, statistics, finance, and various other disciplines. It is used to represent central tendencies and summarize data or market behaviors.

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