Английская Википедия:HUI Gold Index

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Шаблон:Short description

The NYSE Arca Gold BUGS Index is a modified equal dollar weighted index of companies involved in gold mining. BUGS stands for Basket of Unhedged Gold Stocks. It is also referred to by its ticker symbol "HUI".

Overview

The HUI Index and Philadelphia Gold and Silver Index (XAU) are the two most watched gold indices on the market. The main difference between them is that the HUI Index takes into account only gold producer stocks whereas the XAU Index includes both gold and silver producers.[1] The Gold BUGS Index was designed to provide significant exposure to near term movements in gold prices by including companies that do not hedge their gold production beyond 1.5 years.[2]

The HUI Index was developed with a base value of 200.00 as of March 15, 1996. The NYSE Arca Gold BUGS Index currently consists of 15 of the largest and most widely held public gold production companies.[3] Since bottoming in late 2000, HUI went on to be the top-performing US stock sector of the decade, rising by about 1600%.[4]

Index components

Файл:NYSE Arca Gold BUGS Index.png
NYSE Arca Gold BUGS Index 1996–2012

Шаблон:Complete list

Company name Symbol Weighting[nb 1]
Newmont Шаблон:NYSE 16.45%
Barrick Gold Шаблон:NYSE 13.83%
Goldcorp Шаблон:NYSE 11.36%
Agnico Eagle Шаблон:NYSE 3.86%
Randgold Resources Шаблон:NASDAQ 3.80%
Kinross Gold Шаблон:NYSE 3.77%
AngloGold Ashanti Шаблон:NYSE 4.08%
Gold Fields Шаблон:NYSE 3.95%
Compania de Minas Buenaventura Шаблон:NYSE 4.73%
Sibanye-Stillwater Шаблон:NYSE 3.37%
Iamgold Шаблон:NYSE 3.75%
Kirkland Lake Gold Шаблон:NYSE 4.66%
Yamana Gold Шаблон:NYSE 4.16%
New Gold Шаблон:AMEX 3.28%
Alamos Gold Шаблон:NYSE 3.62%
Osisko Gold Royalties Шаблон:NYSE 3.68%
Hecla Mining Шаблон:NYSE 4.14%
Eldorado Gold Шаблон:NYSE 3.49%
  1. The weightings above are updated infrequently. See NYSE Arca Gold BUGS Index Closing Index Composition for the current composition weighting.

Adjustments are made quarterly after the close of trading on the third Friday of March, June, September, and December so that each component stock represents its assigned weight in the index.

HUI-gold ratio

The HUI-gold ratio is an expression which compares the relative quantities of the NYSE Gold BUGS Index and the price of gold. The ratio is calculated by dividing the value of the NYSE Gold BUGS Index by the price of gold.

Investors use the HUI-gold ratio to illustrate the ever-shifting relative strength of the gold stocks versus gold.[5]

See also

References

Шаблон:Reflist

External links