CoMa Index
Since the universe of stocks is very large, the performance of the stock markets is usually tracked through an index – which is composed of representative companies drawn from various industries. While a broad index covers the overall state of the economy, sector level indices track the performance of a particular industry in the economy. For example, a telecom index would track the fortunes of telecom companies while a semiconductor index keeps track of the how the semiconductor industry is faring.
Similarly, can we attempt to track the CM space through such a sector index?
I propose the Content Management (CoMa) Index: an index built from companies in the content management space, to help us figure out how happening or sleepy (no pun) the sector is.
Continue Reading Add comment May 11th, 2006