EQUITY - Security Market Indexes

This module lifts the hood on the benchmarks we quote every day. You will:

• Learn the math behind index levels, single-period & multi-period returns.
• Contrast weighting schemes—and see why rebalancing & reconstitution matter.
• Survey equity, fixed-income and alternative-investment indexes and their uses as gauges, proxies and model portfolios.

By the end, an index’s construction secrets—and its biases—will be crystal-clear.