Nikkei 225 Total Return Double Inverse Index

Overview

The Nikkei 225 Total Return Double Inverse Index represents the doubled 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 strongly.

• Chart
  
• Underlying index
  Nikkei 225 Total Return Index
• 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 adjusted with risk-free rate based on the change rate of Nikkei 225 Total Return Index on the current day
• Calculation frequency
  End-of-day basis
• Commencement date
  February/9/2024
• Inception date
  December/28/2001
• Calculation base date
  December/28/2001 ＝ 100,000