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Spot price |
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Spot priceThe price for a currency, index, commodity or share for immediate settlement or delivery (as opposed to a futures price).Spot priceThe current market price of the actual physical commodity. Also called cash price. Current delivery price of a commodity traded in the spot market, in which goods are sold for cash and delivered immediately. Antithesis of futures price.Spot price Similar MatchesPrice to sales ratioPrice to sales ratioA financial ratio calculated as: current share price divided by sales per share. Put another way, market capitalisation divided by total sales.A low ratio of market cap to sales is seen as exciting by some investors. Why? Because a small increase in the company's profit margins will thanks to the high level of sales, leverage into large increases earnings per share.However, just because a company has a low PSR does not necessarily make it an attractive investment. For example, the company may operate in very low margin industries such as contracting or construction which make it difficult for margins to improve. Mid priceMid priceThe average of the bid price and offer price of a security. If, for example, the closing prices of a share are 107p (bid) and 109p (offer), the mid price quoted in the newspaper next day will be 108p. Price dataPrice dataVirtually all the charts and indicators used by technical analysts are based on price data. Price data is a record of the day-to-day share price over a period. Of course share prices move during the day, so in plotting the share price on, for instance, 11th April 2002, you could actually pick from 7 prices:Opening price - the price of the first trade of the dayHigh - the highest price at which the share traded during the dayLow - the lowest price at which the share traded during the dayClose - the final price at which the share traded during the dayBid - the price that a market maker is willing to pay for a financial instrument and the price you will receive if you are sellingAsk - the price at which a market maker is willing to sell you a share and the price you will pay if you are buyingMid - the price midway between the bid and asking price of a shareWhere do you get price data from? The laborious way is to plot it yourself by looking in the newspaper every day which will usually quote the mid-price, or consulting Teletext or Ceefax. An easier way is to invest in a technical analysis software package, most of which come with historic data on all the FTSE companies, plus charting features and analysis tools. Many financial websites provide price data and charts free of charge. Financial price riskFinancial price riskThe chance there will be unexpected changes in a financial price, including currency (foreign exchange) risk, interest rate risk, and commodity price risk. Tough on priceTough on priceFirm price mentality at which one wishes to transact stock, often at a discoun../../finance-glossary/premium that is not available at the time. Further SuggestionsImport price indexprice earnings growth factor Law of one price Law of One Price Price immunization Factor price equalization Price value of a basis point (PVBP) price to book value Maximum price fluctuation Exchange Delivery Settlement Price Offer price Price support Redemption price Dollar price of a bond cancellation price Theoretical futures price Daily price limit Price impact costs Shadow price Price weighted index redemption price Adjusted exercise price single price Price of admission price sensitive information |
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