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The descriptions of the country benchmark indices are presented in Appendix.
The unit root properties of the benchmark indices are presented in Tables 1 and 2, which contain the estimated τ-statistic values at level and first difference respectively.
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Some benchmark tests are presented.
Benchmark indexes are market valuation tools.
Benchmark indexes are always capitalization weighted (also known as value weighted).
Benchmark instances and experimental results are presented and discussed in "Benchmark functions and experimental results", respectively.
The results are presented in an "index of Ignorance" table.
Hong Kong's benchmark index is down 6.5 percent from April.
Today, the benchmark index is 24 percent lower, at 1,159.
The benchmark index is up 23.6 percent for the year.
The average price-to-earnings ratio on the benchmark index is about 16 times earnings.
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