For each stock an Investable Weight Factor (IWF) is calculatedIWF = (available float shares)/ (total shares outstanding)
Where available float shares are defined as total shares outstanding less shares
held by strategic holders.
The float-adjusted index is calculated:

Index = Stock Price*Total Shares Outstanding*IWF /
Index Divisor

AWF

AWF

The Additional Weight Factor is the adjustment factor of the stock which
adjusts the market capitalization for all index constituents to achieve the
user-defined weight, while maintaining the total market value of the
overall index.

Impact Cost

Impact Cost

Impact cost is the measure of liquidity of the security. It is the cost a buyer
or seller must incur for a particular quantity of order at a given point of
time.

Total return index

Total return index

In a total return index changes in the index level reflect both movements
in stock prices and the reinvestment of dividend income. A total return
index represents the total return earned in a portfolio that tracks the
underlying price index and reinvests dividend income in the overall index,
not in the specific stock paying the dividend
Formula for Total Return Index –
Total Return Index= Previous Total Return*[1+(Todays PR Index+ Index
Dividend)/Previous PR Index-1)

Price return Index

Price return Index

The Price Return Index reflects the return earned from the Index Portfolio.
The PR index does not consider the returns arising from dividends.

Standard deviation

Standard deviation

Standard Deviation is a statistical tool, which measures the variability of returns from
the expected value, or volatility.

Beta

Beta

The Beta factor describes the movement in a stock's or a portfolio's
returns in relation to that of the market returns.