what is Index pls tell
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An index is a method to track the performance of a group of assets in a standardized way. Indexes typically measure the performance of a basket of securities intended to replicate a certain area of the market. These could be a broad-based index that captures the entire market, such as the Standard & Poor's 500 Index or Dow Jones Industrial Average (DJIA), or more specialized such as indexes that track a particular industry or segment.
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2a : a number (such as a ratio) derived from a series of observations and used as an indicator or measure specifically : index number. b : the ratio of one dimension of a thing (such as an anatomical structure) to another dimension.
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