The current worth of a future sum of money or stream of cash flows given a specified rate of return. Future cash flows are discounted at the discount…

A technical indicator that measures the percentage change between the most recent price and the price "n" periods in the past. It is calculated by using…

A ratio used to compare a stock's market value to its book value. It is calculated by dividing the current closing price of the stock by the latest quarter…

A variation of the price-to-earnings ratio (P/E ratio) that takes a company's level of spending on research and development (R&D) into account. It is…

A measure of the relationship between a company's market capitalization and research and development (R&D) expenses. The price-to-research ratio is of…

A ratio for valuing a stock relative to its own past performance, other companies or the market itself. Price to sales is calculated by dividing a stock…

A variation of the price-to-earnings ratio where a stock's value is further evaluated by its projected earnings growth rate and dividend yield. Calculated…

A measure formulated to identify companies that are producing solid earnings and investing a large amount in research and development (R&D). This measure…

A measure of a security's liquidity that is calculated by comparing the bid and ask prices quoted in the marketplace. The proportional spread is higher…

A ratio indicating the remaining lifespan of a natural resource. This ratio is expressed in terms of years, and is used in forecasting the future availability…

An indicator of how profitable a company is relative to its total assets. ROA gives an idea as to how efficient management is at using its assets to generate…

The amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much…

A ratio widely used to evaluate a company's operational efficiency. ROS is also known as a firm's "operating profit margin". It is calculated using this…

A ratio that measures a company's earnings before interest and taxes (EBIT) against its total net assets. The ratio is considered an indicator of how…

An important ratio that looks at a company's sales in relation to the number of employees they have. It is calculated as:This ratio is most useful when…

An index of approximately 1,000 of the largest companies in the U.S. equity markets, the Russell 1000 is a subset of the Russell 3000 Index.  The Russell…

A broad index featuring 2,500 stocks that cover the small and mid cap market capitalizations.  The Russell 2500 is a market cap weighted index that includes…

A market capitalization weighted index of the 50 largest stocks in the Russell 3000 universe of U.S.-based equities. The index can be considered a representation…

An economic ratio that measures the costs associated with slowing down economic output to change inflationary trends. The ratio is calculated by taking…

A ratio that computes the total revenue earned per share over a 12-month period. It is calculated by dividing total revenue earned in a fiscal year by…

A measure of whether or not a company's sales are high in comparison to its cash flow. Calculated as: You want this ratio to be as high as possible…

A ratio used to help determine how much shareholders would receive in the event of a company-wide liquidation. The ratio, expressed as a percentage, is…

A firm's total assets minus its total liabilities. Equivalently, it is share capital plus retained earnings minus treasury shares. Shareholders' equity…

A ratio developed by Nobel laureate William F. Sharpe to measure risk-adjusted performance. The Sharpe ratio is calculated by subtracting the risk-free…

One of many ratios used to measure a company's ability to meet long-term obligations. The solvency ratio measures the size of a company's after-tax income…

A ratio developed by Frank A. Sortino to differentiate between good and bad volatility in the Sharpe ratio. This differentiation of upwards and downwards…

A market composite made up of all the A-shares and B-shares that trade on the Shanghai Stock Exchange. The index is calculated by using a base period…

The annual rate of interest that does not account for compounding occurring within the year. Consider a stated annual rate of 10%. Compounded yearly…

The portion of the balance sheet that represents the capital received from investors in exchange for stock (paid-in capital), donated capital and retained…

A method of valuing a company on a per-share basis by measuring its equity after removing any intangible assets. The tangible book value per share is…

A sequence of numerical data points in successive order, usually occurring in uniform intervals. In plain English, a time series is simply a sequence…

A metric used to measure a company's financial risk by determining how much of the company's assets have been financed by debt. Calculated by adding short-term…

A measure of the total costs associated with managing and operating an investment fund such as a mutual fund. These costs consist primarily of management…

The sum of a company's price-to-earnings, calculated by taking the current stock price and dividing it by the trailing earnings per share for the past…

A ratio developed by Jack Treynor that measures returns earned in excess of that which could have been earned on a riskless investment per each unit of…

A type of metric that compares the risk of an unlevered company to the risk of the market.  The unlevered beta is the beta of a company without any debt…

A statistical measure of an investment manager's overall performance in up-markets. The up-market capture ratio is used to evaluate how well an investment…

A trading benchmark used especially in pension plans. VWAP is calculated by adding up the dollars traded for every transaction (price multiplied by number…

Figures or components that are adjusted to reflect importance by value or proportion.Commonly used as a method to assign a value, based on proportion…

An average in which each quantity to be averaged is assigned a weight. These weightings determine the relative importance of each quantity on the average…

A calculation of a firm's cost of capital in which each category of capital is proportionately weighted. All capital sources - common stock, preferred…

A ratio of the total number of winning trades to the number of losing trades. It does not take into account how much was won or lost simply if they were…

A measure of both a company's efficiency and its short-term financial health. The working capital ratio is calculated as: Positive working capital means…

A measurement comparing the depletion of working capital to the generation of sales over a given period. This provides some useful information as to how…

The interest rate on a taxable security that would render a return equivalent to that of a tax-exempt security, and vice versa, calculated as follows…