Epstein Index›Documents›EFTA01386048
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Epstein File EFTA01386048: Construction (DS10)

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This document discusses index fixings and their measurement of underlying variables, noting that by construction such fixings may lag or mis-measure actual movements in the variables they track. The excerpt appears to be from a financial or technical analysis document.

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The index fixings may - by **construction** - lag or mis-measure the actual move in the underlying variables they are intended to track.

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