A stock index or rather I say a stock market index is nothing but the worth and value of a section/part of the stock market. This is basically used by the investors and all the financial veterans to describe the market and to calculate the returns they will be getting on their investment. If you are looking for long term investment than you can go for equity index.
A stock index may also be calculated on the method used to determine the price of that share. There are many terms of which we derive an index for example custom index. They tell you the relativity of the stock market and your surplus you can gain. Similarly dividend index guides you about the relativity of your investment and gain.
Following are the steps one must follow to build your custom MSCI index
The MSCI custom index helps us to get a broad coverage and helps us even in the difficult calculations and gives us a data with respect to global approach.
If you follow the above mentioned tips properly than you can build your own custom MSCI index flexibly and without any problem. This approach is hassle free and will work in your favor only if you put yourself into action.
Source : https://storify.com/equityindex/how-to-build-your-custom-msci-index