FTB-C000268 / Statistical method

Herfindahl-Hirschman Index

Herfindahl-Hirschman Index is the sum of squared shares across the members of a defined population.

Also known asHHI

Definitions

In plain terms

Squaring gives larger shares more influence, so the value rises as the distribution becomes more concentrated.

Technical

For normalized fractional shares, compute sum(s_i^2); record whether shares use fractions or percentages before interpreting the scale.

Scope

Its antitrust thresholds must not be transferred automatically to financial index concentration.

Formula

HHI = sum(s_i^2)
LaTeX: HHI=\sum_i s_i^2
SymbolMeaningUnit
s_inormalized nonnegative share of member iratio

Output unit: squared-share index

Examples

  • A Fintech Builder lesson can compute or identify Herfindahl-Hirschman Index only after declaring its inputs, timing, and edge-case rules.

Common misconceptions

  • Its antitrust thresholds must not be transferred automatically to financial index concentration.

Concept relationships

Where this concept is used

Evidence and governance

  1. Herfindahl-Hirschman Index U.S. Department of Justice · official standard

    Supports: preferred label, short definition, technical definition, formula

    Limits: Antitrust concentration thresholds do not automatically apply to index-constituent concentration; this glossary reuses only the mathematics.

Reviewed by
fintech-builder-batch-005
Last reviewed
2026-07-27
Next review
2027-07-27
Record status
evidence reviewed

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