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The h-index, created by Jorge E. Hirsch in 2005, is an attempt to measure the research impact of a scholar. In his 2005 article Hirsch put forward an easily computable index, h, which gives an estimate of the importance, significance, and broad impact of a scientist's cumulative research contributions..
Index Volume. Index Volume represents the total volume of all stocks included in a particular index. Therefore, the volume of the S&P 500 index is the total volume of all 500 stocks that are included in the S&P 500 index basket. Thus, index volume represents the trading activity in a particular market sector or particular group of stocks that are covered by this index.