A capitalization weighted index composed of all of the Russell 3000 stocks that are not represented in the Standard & Poor's 500 Index. The index is designed to allow investors to access the broad market for small- and mid-cap stocks without overlapping with commonly held stocks found in the S&P 500. The Small Cap Completeness Index is recalculated annually to account for both changes in the S&P 500 membership and in the Russell 3000. The average market cap for a member of the index is slightly less than $1 billion. Taobiz explains Russell Small Cap Completeness Index The range of market caps in the Completeness Index is very large; there are member companies with market caps as low as $30 million and those who top $75 billion. This is because some very large companies have yet to be included in the S&P 500, even though their market caps make them eligible.
An index that measures the performance of fixed-income and equity securities from domestic and international markets that consist of companies with a float of at least $100 million. Taobiz explains Salomon Brothers World Equity Index - SBWEI The Salomon Brothers World Equity Index uses a top-down approach to evaluating companies. Each security within the SBWEI index is weighted according to its float. The SBWEI index includes securities from over 6000 companies located in 22 different countries.
The most simplified registration form. It can only be used by companies that have been required to report under the '34 Act for a minimum of twelve months and have met the timely filing requirements set forth under Form S-2. Taobiz explains S-3 Filing The offering and issuer must meet the eligibility tests prescribed by the form before having a secondary offering.
A market-capitalization-weighted index maintained by Standard and Poor's providing a broad measure of the global equities markets. The S&P/Citigroup Broad Market Index (BMI) Global includes approximately 11,000 companies in more than 52 countries covering both developed and emerging markets. Taobiz explains S&P/Citigroup Broad Market Index (BMI) Global A country will be eligible for inclusion in the index if it has float-adjusted market capitalization of US$1 billion or more and its market capitalization weight is at least 40 basis points in either the emerging market or developed world indexes. A company will be eligible to be included in the index if it has float-adjusted market value of US$100 million or more, with a minimum of US$50 million value traded over the past 12 months.
A technical charting formation that indicates that a stock's price has reached its low and that the downward trend has come to a close. Taobiz explains Saucer Saucer formations will exhibit very low volume figures at the point when the stock's price was the lowest.
A surge in the price of stocks that often occurs in the week between Christmas and New Year's Day. There are numerous explanations for the Santa Claus Rally phenomenon, including tax considerations, happiness around Wall Street, people investing their Christmas bonuses and the fact that the pessimists are usually on vacation this week. Taobiz explains Santa Claus Rally Many consider the Santa Claus rally to be a result of people buying stocks in anticipation of the rise in stock prices during the month of January, otherwise known as the January effect.
A statistic used in retail industry analysis. It compares sales of stores that have been open for a year or more. Taobiz explains Same-Store Sales This statistic allows investors to determine what portion of new sales has come from sales growth and what portion from the opening of new stores. This analysis is important because, although new stores are good, a saturation point--where future sales growth is determined by same store sales growth - eventually occurs. Same store sales are usually released by retail companies on a monthly basis. This is also known as "comps."
An issue of securities from an established company whose existing shares have exhibited stable price movements and substantial trading volume over time, thereby earning a good reputation. This is also known as a "seasoned equity offering" (SEO). Taobiz explains Seasoned Issue These types of stocks have high liquidity within the secondary market.