A recent research stream develops currency adjusted stock indices. The analysis in previous papers is limited to daily closing data. This paper extends the existing body of literature by examining tick data. We examine tick data from 2002 through 2013 for eight indices. In general, results show...

This paper presents stock indices that reflect changes in both stock value and underlying currency value. An earlier study develops the first known currency adjusted stock index. This paper extends the literature by utilizing a better measure of US dollar value to develop currency value adjusted...