SMA
SMA stands for simple moving average. It is an average that is calculated by adding the recent prices and dividing by the number of time periods. The shorter the term, the more quickly the changes of the underlying price will be recorded. Longer term averages are slower. What does the Moving Average tell you? The moving average helps you...
T-Test
What is a 'T-Test' A t-test is an analysis of two populations means through the use of statistical examination; a t-test with two samples is commonly used with small sample sizes, testing the difference between the samples when the variances of two normal distributions are not known. Explaining 'T-Test' A form of hypothesis testing, the t-test...
Jakarta Stock Exchange (JKT) .JK
What is 'Jakarta Stock Exchange (JKT) .JK' Indonesia's first stock exchange. Founded in 1912 for the interest of the Dutch East India Company, the Jakarta Stock Exchange was closed during parts of World Wars I and II. When it reopened in 1952, the only exchanged security was the Indonesian government bond. The exchange became inactive from 1956-1977,...
T+1 (T+2,T+3)
What is 'T+1 (T+2,T+3)' Abbreviations that refer to the settlement date of security transactions. The T stands for transaction date, which is the day the transaction takes place. The numbers 1, 2 or 3 denote how many days after the transaction date the settlement or the transfer of money and security ownership takes place. Explaining...
Face-Amount Certificate Company
What is 'Face-Amount Certificate Company' Debt securities are issued by investment firms to their investors as a form of debt financing. These securities are referred to as face-amount certificates, and they are backed by security interests in assets such as real estate or other financial instruments. The nature of this financing is comparable to that of mortgage bond debt financing. Explaining...
FDIC Problem Bank List
DefinitionIn American finance, the FDIC problem bank list is a confidential list created and maintained by the Federal Deposit Insurance Corporation which lists banks that are in jeopardy of failing. The list is closely monitored, and if problems continue with a listed bank, the FDIC takes control of the bank; it may then sell the problem bank to a...
Labor Intensive
What is 'Labor Intensive' Labor intensive refers to a process or industry that requires a large amount of labor to produce its goods or services. The degree of labor intensity is typically measured in proportion to the amount of capital required to produce the goods or services; the higher the proportion of labor costs required, the more labor intensive the...
A-Share
What is 'A-Share' In a family of multi-class mutual funds, this is the class that is usually characterized by a loaded fee structure. Class A mutual fund units will commonly have a front- or rear-end load, to compensate for the sales person's commission. Not all fund companies follow this class structure; however, it is the prominent method...
ZEW Economic Sentiment
What is 'ZEW Economic Sentiment' A monthly economic survey. The ZEW Economic Sentiment is an almalgamation of the sentiments of approximately 350 economists and analysts regarding the economic future of Germany for the next six months. The survey shows the balance between those analysts who are optimistic about Germany's economic future and those who are not. ...
ZZZZ Best
What was the 'ZZZZ Best' ZZZZ Best was a bankrupt firm that was owned by Barry Minkow in the 1980s and is now in receivership. Minkow and his friends created the appearance of a multi-million dollar firm by forging documents and stealing property. The initial public offering (IPO) of ZZZZ Best took place in December 1986, and the company attained...