Coding with Indices

Question 1

What are the FactSet Global codes that return the price and total return for an index?

Answer 1

• FG_PCHG_IDX,
• FG_TRET_PCHG_IDX.

Question 2

When working with indices, the dividend argument in the P_PRICE_RETURNS code dictates the type of return?

Answer 2

• False. When working with indices, it is the identifier that dictates the type of return.

Question 3

How should you calculate returns using the vendor-specific codes?

Answer 3

The vendor-specific codes return the total return level and not the percentage return. To calculate the return, we need to use these codes two bring back the level for two different time periods and then calculate the return on those.

Question 4

True or False? When using the RELATIVE function we need to convert back percentage to decimal points first.

Answer 4

True. You convert the percentage into decimal formats by dividing the value by 100 and then adding 1.