How much is arbidex (ABX) worth today?

The live Arbidex price today is $0.000341 USD with a 24-hour trading volume of $151.74 USD. We update our ABX to USD price in real-time. Arbidex is up 3.33% in the last 24 hours. The current CoinMarketCap ranking is #2510, with a live market cap of $8,024.16 USD.

What is the ABX index?

The ABX Index is an index that represents 20 subprime residential mortgage-backed securities (RMBS). The Index, created by market intelligence firm Markit, is used as a financial benchmark measuring the overall value and performance of the subprime residential mortgage market. The ABX Index tracks a basket of the 20 largest residential MBS.

What is activity-based costing (ABC)?

Activity-based costing (ABC) enhances the costing process in three ways. First, it expands the number of cost pools that can be used to assemble overhead costs. Instead of accumulating all costs in one company-wide pool, it pools costs by activity.