Nikkei 225 Double Inverse Index

Overview

The Nikkei 225 Double Inverse Index represents the doubled inverse performance of the Nikkei Stock Average on the daily return basis. The index is one of the indices which consists of the “Nikkei Stock Average Strategy Index Series” and is calculated for market participants to realize a short investment strategy based on their expectation of bear market strongly.

• Chart
• Underlying index
  Nikkei 225
• Calculation Method
  • Index value on a day is calculated by multiplying the index value on the previous day by the doubled inverse (reversed sign) daily return based on the change rate of Nikkei 225 on the current day.
• Calculation frequency
  Real time (every 5 seconds)
• Commencement date
  June/16/2014
• Inception date
  December/28/2001
• Calculation base date
  December/28/2001 ＝ 100,000