An index in which a 1% change in the price of any two stocks comprising the index impacts on it equally. The Value Line Average index is composed of 1,700 stocks and is a geometric index.
GEOMETRIC INDEX
Meaning of GEOMETRIC INDEX in English
A guide to futures and options market technology English dictionary. Английский словарь-руководство по фьючерсам и опционам рыночных технологий . 2012