Float adjustment weights each member by its capitalisation multiplied by a float factor, the fraction of its shares in the free float (Definition 8.2), so that the index can be held by everyone at once.
Quantitative Finance · Glossaire
Quantitative Finance · Glossaire
Float adjustment weights each member by its capitalisation multiplied by a float factor, the fraction of its shares in the free float (Definition 8.2), so that the index can be held by everyone at once.