Base market value

BASE MARKET VALUE - The average market price of a group of securities at a specific time. Used for the ...
BASE METAL - Copper, aluminum, lead, nickel, and tin.

Base Market Value
Group of securities average market price at a specified time. It is used in plotting dollar or percentage changes for purposes of market indexing.
See: Indexing ...

Base market value
A group of securities, average market price at a specific time. Used for the purpose of indexing.
Base period
A particular period of time used for comparative purposes when measuring economic data.

Strictly speaking, an average is simply the arithmetic mean of a group of prices, whereas an index is an average expressed in relation to an earlier established base market value .

Related: Benchmark interest rate.
Base market value
A group of securities, average market price at a specific time. Used for the purpose of indexing.
Base period ...

Index: A statistical measure of the price activity of some composite group, usually expressed in relation to some previously established base market value.

See also: Chicago Board Options Exchange, Blue chip stock, Blue Chip, Blue chip stocks, Business plan