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Value added Monthly Index - The Value added Monthly Index is a value, generated by a hypothetical investment into a company with a worth of a thousand dollars. This value could be higher or lower, depending on the performance of the company. If the company is doing well, the index will get higher. Every month the value is calculated. The value is also based on the value of previous months. Shortly said, the value of the current month is the same as the value of previous months, multiplied with a percentage of the total amount that is invested in the company, plus one.
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