Different Types of Index

What is a Custom Index?

Before knowing further details on any topic let's first understand what Custom Index is. The Custom Index is a way of creating a non clustered index on a single index or on multiple or composite indexes, in an entity. It is beneficial in improving the performance of the querying process. The custom indexes calculate traditional market cap-weighted and alternatively weighted equity indexes. 

The Advantages of the Custom Index

It provides broad coverage to reflect a specific benchmark or product requirement transparency and a replicable index can be designed with more rigorous calculation. Data provided are reliable. Many companies that provide custom indexes have global support that provides a cross-functional Custom Index team. Most of the custom indexes calculated by the companies are automatic and depends on the production system. Hence, the data is true and reliable. 

The Custom Index can be used to avoid the misfit of the benchmark, by using an index that more accurately reflects your investment strategy. Social investment strategies gain a benchmark. You can manage your currency via a custom index.

What is Robotics Index?

The main definition can be explained by the objective of the Robotics Index. Basically, the Robotics Index aims to represent the benefit or the potential of the company through increased acceptance and adoption of robots.  Robotics Index includes companies which have high exposure to some technical or robotics-related activities namely:

Robots 

Artificial Intelligence

Automation

Industrial robots

Autonomous robots and many more.

What is the Development Index?

Different countries have different capita income. The Development Index is a statistic index of education and life expectancy as well as per capita income that are necessary to mark any country on with their rank in the four tiers of human development. The Development Index emphasis on people and their capability and makes them the prior criteria for assessing the development of any country.

Source:   https://indexcalculations.wordpress.com/2020/03/12/different-types-of-index/