Trade Corona anti-virus index - PIX CFD

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Trader sentiment

% Buyers % Sellers
  • Long position overnight fee -0.0165%
  • Short position overnight fee -0.0113%
  • Overnight fee time 21:00 (UTC)
  • Min traded quantity 0.01
  • Currency USD
  • Margin 20%
  • Trading hours (UTC)
    Mon - Fri: 13:30 - 20:00
  • Commission on trade 0%

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The Corona anti-virus Index consists of the 5 leading companies who apply researches on Coronavirus treatment. The list of the companies includes the key players in the Coronavirus treatment process at the moment in terms of Market Capitalisation and research progress. This list of selected companies contains Johnson & Johnson, Sanofi, Gilead Sciences Inc., GlaxoSmithSciences Inc. and Inovio Pharmaceuticals. The index is weighted to make equal impact for all shares and serves as the Market sentiment indicator towards the Coronavirus treatment progress.
How is it calculated?
The Index is calculated as the sum of the product of each share price multiplied with its respective quantity (P1*Q1 + P2*Q2 + … + P5*Q5). In order their impact to be equal, the quantities used are presented as below:
Q1 JNJ = 2
Q2 INO = 36
Q3 SNY = 6
Q4 GILD = 3
Q5 GSK = 7
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