Overview
The Nikkei 225 Total Return Inverse Index represents the inverse performance of the Nikkei 225 Total Return Index 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.
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Chart
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Underlying indexNikkei 225 Total Return Index
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Calculation Method
- Index value on a day is calculated by multiplying the index value on the previous day by the inverse (reversed sign) daily return adjusted with risk-free rate based on the change rate of Nikkei 225 Total Return Index on the current day
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Calculation frequencyEnd-of-day basis
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Commencement dateFebruary/9/2024
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Inception dateDecember/28/2001
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Calculation base dateDecember/28/2001 = 10,000