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Efficient capital market |
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Efficient capital marketA market in which new information is very quickly reflected accurately in share prices.Efficient capital market Similar MatchesGini CoefficientGini CoefficientA measure of income inequality within a population, ranging from zero for complete equality, to one if one person has all the income. It is defined as the area between the Lorenz Curve and the diagonal, divided by the total area under the diagonal. Regression coefficientRegression coefficientTerm yielded by regression analysis that indicates the sensitivity of the dependent variable to a particular independent variable. See: Parameter. Efficient markets theory(EMT)Efficient markets theory(EMT)Principle that all assets are correctly priced by the market, and that there are no bargains. Coefficient of VariationCoefficient of VariationA measure of investment risk that defines risk as the standard deviation per unit of expected return. Information Coefficient (IC)Information Coefficient (IC)The correlation between predicted and actual stock returns, sometimes used to measure the contribution of a financial analyst. An IC of 1.0 indicates a perfect linear relationship between predicted and actual returns, while an IC of 0.0 indicates no linear relationship. Further SuggestionsInefficient portfolioOperationally efficient market Efficient allocation Efficient diversification Minimum efficient scale efficient market theory Efficient frontier Efficient set Internally efficient market Coefficient of determination Earnings response coefficient Efficient market Correlation coefficient Efficient market |
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