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Methodology

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Weighting Method of “U CAPITAL OMAN 20 INDEX "
 
U CAPITAL OMAN 20 INDEX is a value-weighted index. It comprises of 20 most liquid companies extracted from the whole market. The companies are chosen from one or more indices likes Banks & Investment Index, Industry Index and Service & Insurance Index based on the criteria. The initial index value of the index was 1000. The formula used to calculate U CAPITAL OMAN 20 INDEX Value-Weighted Index is:
 
 
 
Where:
Index t = Index value on day t
Pit = closing price for company i on day t
Qit = number of outstanding shares of company i on day t
Pib = closing price for company i on the base date
Qib = number of outstanding shares of company i on the base date
Beginning Index Value = 1000
 
U CAPITAL OMAN 20 INDEX is revised (re-set) on a yearly basis, every March end. The sample is selected based on the applicable selection criteria (Paid up Capitalization, Liquidity ratios, and Profitability ratios).

U Capital Divisions