Value added monthly index

Value Added Monthly Index - VAMI
Investment Dictionary:
Value Added Monthly Index - VAMI
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Value Added Monthly Index
Value added Monthly Index - The Value added Monthly Index is a value, generated by a hypothetical investment into a company with a worth of a thousand dollars.

Value Added Monthly Index - VAMI
An index that tracks the monthly performance of a hypothetical $1000 investment.
The calculation for the current month's VAMI is:
= Previous VAMI x (1 + Current Rate of Return) ...

See also: Performance, Fund, Index, Market, Investment