Calculation Formula For HSI
The current Hang Seng Index is calculated from this formula:
Descriptions on parameters:
- P(t):Current Price at Day t
- P(t-1):Closing Price at Day (t-1)
- IS:Issued Shares (Only H-share portion is taken into calculation in case of H-share constituents.)
- FAF:Freefloat-adjusted Factor, which is between 0 and 1, adjusted quarterly
- CF:Cap Factor, which is between 0 and 1, adjusted quarterly
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