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One fund might use the provisional index right away while another could wait for the official one a year from now.
Although index-huggers, with MSCI's help, are trying to be subtle a "provisional" index allows them to spread their changes over a year they are still vulnerable.
Details of the free-float weighting for index members will be published by June 30, and a provisional index series based on the new methods shortly after, Morgan Stanley Capital International said.
Morgan Stanley will begin publishing provisional index numbers based on these changes at the end of May and officially make the changes in two stages, the first in November and the second in May 2002.
In each replicate, we permute the case/control status and perform the FET on the permuted sample, from which the provisional index for the replicate is obtained.
A provisional index
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In June, provisional indexes will be published, reflecting the expanded coverage and the free-float basis of calculation.
In addition, we co-estimate the static external field B e upto n=2 in the solar magnetic reference frame and assume a time-dependent component of degree n=1 parameterized by the D st index split into its external and internal contributions (Maus and Weidelt 2004; Olsen et al. 2006); consult http://www.ngdc.noaa.gov/stp/geomag/est_ist.html for the provisional indices.
A provisional Dst index was provided by World Data Center for Geomagnetism, Kyoto.
In fact, the provisional AE index provided by WDC-C2 for geomagnetism at Kyoto University indicates that substorms took place at 0910 UT and 1215 UT with peak AE indices of ∼600 nT and ∼900 nT, respectively.
The 5-min running mean of SEDA-e electron differential fluxes and SEDA-p proton differential fluxes in the eight channels and the provisional Dst index are plotted from the top to bottom panels in these figures.
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