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I want to ask what is the formula of the simple value index? (2016)

Year Net Asset Value (NAV)
2016: 8.73
2017: 9.01
2018: 7.85
2019: 8.55
2020: 9.52
2021: 9.94
(By using year 2016 as the base period, calculate the simple value index of NAV for years 2016 to 2021.)

2 answers

This article answers your question, and gives examples.

www.mssqltips.com/sqlservertip/6753/simple-index-weight-index-examples-r/
Thank you!
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