ADVANCE/DECLINE RATIO - ADR
A market-breadth indicator rendered in technical analysis for the comparison of a bunch of stocks with a higher closing than their previous day's closing price and those with a lower closing price than their previous day's closing price. The advance/decline ratio is calculated by dividing the number of advancing shares by the number of declining shares. The ratio may be calculated on different time periods such as a month, week, or one day.
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Robert C. Merton
American economist who won the 1997 Nobel Memorial prize in Economic Sciences, along with Myron Scholes, for developing the Black-Sholes model, whi ...
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Recommendation to purchase a given security once a security’s price surpasses a particular resistance level by putting a buy stop order at th ...
Admitted Company
An insurance company admitted and allowed by an another state to transact insurance business despite having a domiciled status on an another state. ...
Black Box Model
Computer program, process, or system processing the information entered by the user using pre-programmed logic in order to produce the user’s ...
Form 3903
A form issued by the IRS and used by taxpayers to deduct moving expenses related to taking a new job.
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