CSBJ Daily

Dow Jones Indexes and Transparent Value, LLC announced today the launch of the Dow Jones Required Business Performance Index series.

The new Large-Cap 130/30 Indexes use the RBP probability metrics to create investment strategy indexes based on U.S. large-cap stocks. The new indexes measure the likelihood that a company can deliver the performance required to support its current stock price according to Transparent Value’s proprietary RBP methodology.

“The Dow Jones RBP Indexes are part of the next generation of intelligent index design. The RBP approach uses an innovative methodology that serves as a superior basis for a 130/30 index. Developed by Transparent Value, the RBP method applies a unique, transparent and rules-based methodology to analyze stocks that complement Dow Jones Indexes’ mission of providing the investment community with objective, rules-based indexes,” said Michael A. Petronella, president of Dow Jones Indexes.