Nikkei-JPX Commodity Index
What is Nikkei-JPX Leveraged Index and Nikkei-JPX Inverse Index
The Nikkei-JPX Leveraged Index, which is designed to represent the doubled performance of the base index, and the Nikkei-JPX Inverse Index, which is designed to represent the inverse performance of the base index, are derived from the Nikkei-JPX Commodity Index and the Nikkei-JPX Sub-Commodity Indexes.
For instance, as for the Nikkei-JPX Leveraged Index, the index value on a day is calculated by multiplying the index value on the previous day by the doubled daily return based on the change rate of the base index on the current day. For instance, if the Nikkei-JPX Commodity Index rises by 5% on a day, the Nikkei-JPX Leveraged Commodity Index rises by 10% on the day, and if the Nikkei-JPX Commodity Index falls by 5% on a day, the Nikkei-JPX Leveraged Commodity Index falls by 10% on the day. (Please refer to the Index Guidebook for details.)
| Index Name | Nikkei-JPX Leveraged Index Nikkei-JPX Inverse Index |
| Component Issues | Nikkei-JPX Commodity Index and Nikkei-JPX Sub Commodity Index |
| Calculation Method | The Nikkei-JPX Leveraged Index and Nikkei-JPX Inverse Index are calculated and published once a day, using the change rate of the base index. |
| Start of Calculation | December 3,2012 |
| Base Date / Base Point | December 30, 2009 / 10,000.00 points |
Calculation Method
| "Nikkei-JPX Leveraged Index", "Nikkei-JPX Inverse Index" Index Guidebook |  |
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