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Definition: Dow Jones Asian Titans 50 Index
A free float market capitalization weighted index. It is an equity index consisted of 50 companies representing 25 companies of Japan and 25 from rest Asian companies, Australia, China, Hong Kong, India, Indonesia, Malaysia, New Zealand, Philippines, Singapore, South Korea, Taiwan and Thailand. It was first introduced back in end 2000. The base value is 100.
The 50 companies are selected from a pool of 100 Asian pacific companies included in Dow Jones world index. The final ranking are given on the basis of market cap, current revenue and net income level. The weightage of the factors are 60%, 20% and 20% respectively.
The index is revised annually with weights being changed quarterly. As on 16/05/2015, the index is standing at 158 according to yahoo finance.