Like CRSP for the United States, or EUROFIDAI for Europe, CCPR/IFRC offer a complete range of Vietnam indexes, ready and free for research:
- Market Indexes (TMI, HSX, HNX) : 3 primary indexes
- Size Indexes (Large, Mid, Small, Mid & Small), designed following different methodologies : 8 primary indexes
- Quintiles (by market capitalization) : 5 primary indexes
- Sector Indexes (10 major sectors) : 10 primary indexes
CCPR/IFRC Vietnam AllShares Indexes are broken down into 3 groups: Benchmark, Size and Sector
Benchmark Indexes
The benchmark Indexes is designed in order to have the global performance of the VietNam stocks, and in each particular market (Ho chi Minh Stock Exchange, and the Ha Noi Stock Exchange)
Size Indexes
By quantiles
The overall sample is sub-divided into equal-number sub-samples following the market capitalization order:
Tierciles: Small (1/3), Mid (1/3) and Large (1/3)
Quintiles: Very Small (1/5), Small (1/5), Mid (1/5), Large (1/5) and Very Large (1/5)
Indexing approach: Large (85% of total capitalization), Mid (10%), and Small (5%)
Sector Indexes
10 main sectors
- Banks
- Oil & Gas
- Basic Materials
- Industrials
- Consumer & Goods
- Health Care
- Consumer & Service
- Technology
- Financials
- Utilities
2 Super sectors
- Real Estate
- Energy
Methodology
Different weightings:
- Equal weighted
- Value weighted (by market capitalization)
Different variants:
- Price (without dividend)
- Total Return (including dividend)
Different currencies:
- VND (primary)
- USD
- EUR
- JPY
Each primary index is then calculated in 16 versions (2 weightings x 2 variants x 4 currencies). They are calculated daily (end of the day) from 31/12/2008. Their base value is 1,000.
In total, there are 26 primary indexes, and 416 Vietnam indexes.
Codes
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Risk / Performance Analysis
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For further information
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