Indexes developed by MerQube and FreightWaves of publicly traded companies based on stock price (MQFWSCTP) and total return (MQFWSCTT). The total return index includes dividends as part of the valuation, where the price measure only uses the nominal value as part of the calculation. The index’s mix of companies is designed to represent investment in supply chain technology and will be re-evaluated each year.
Financial institutions, Transportation companies, Investment firms, Supply chain and transportation managers.
The general purpose of any stock index is to measure investment sentiment in a specific sector. Businesses involved in supply chain management activity can use it to gauge investment interest in their sector and also to benchmark their performance versus the financial markets.
