Graphic Strip - FAQs 

​Indices FAQ

 
Key Concepts
What is the Tamar Index Universe?
What is the Rimon Index Universe?
Which shares are considered "New"?
Which shares are considered "Seasoned"?
Which shares are considered "Foreign"?
Liquidity Criterion for Inclusion in the Rimon Index Universe
How is market capitalization calculated for the purpose of index universe eligibility?
IANS (Index Adjusted Number of Shares)
Free float
Free Float brackets for calculating a share's weight in the index
Free float rate for index and universe updates
Free float for calculating a share's weight in the index
Free float value for index and universe updates
Free float value for calculating a share's weight in the index
Weight Cap Limitation
Weight cap factor
List of shares eligible for constructing an index
Replacement ranking criterion
What is the difference between Tracking and Benchmark Indices?
Dividend Yield
Price adjustments due to a corporate actions event
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  Indices and Universes Update
How long between the time a share is listed (IPO) and the time it is eligible for inclusion in the Universes?
What types of securities are not eligible for inclusion in the Index Universes?
What types of securities are included in the Tamar and Rimon Universes?
Are convertible securities counted for the purpose of calculating market capitalization or the free float?
Which indices are included in the Rimon series?
Which indices are included in the Tamar series?
How and when is the Semi-Annual Index Composition reviewed?
The number of securities in an index
Free Float Value as a criterion for inclusion in an index
Index components historical data
What are the additional threshold conditions for inclusion in specific indices?
Is it possible for a share to be added to an index on a day other than the index update date?
What is the fast track for adding new shares to universes?
What is the fast track for adding a seasoned share to the indices?
What happens during a merger involving an index constituent?
When are unscheduled deletions from indices and universes, and what is the process governing such an unscheduled deletion?
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  Index Calculation and Shares Weight
How is the index calculated?
How and when are the monthly parameters updated (monthly rebalance)?
How and when is the monthly IANS (Index-Adjusted Number of Shares) updated?
How are shares weighted in an index with weight caps?
Calculation frequency of Real-Time Quoted Indices
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  VTA35 Index
What is the VTA35?
How is the composition of the index determined?
How is IV determined for calculating the index?
How often is the composition of the index updated?
How a daily close value of VTA35 Index is determined?
How often is the VTA35 Index calculated?
What are the possible benefits of the index?
Does the volatility index tend to rise over time?
Where can I see the methodology of the index?
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  General Information
Historical data terminology
When did TASE begin Calculating Indices According to International Standards?
Where can I find a full description of the new TASE Index Calculation Methodology?
What is the scope of the Index Committee's discretion?
What is the scope of the Index Manager's authority?
What do the indices reflect?
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