A slow-and-steady appreciation of financial market prices over time. A tortoise rally contrasts with more volatile rallies where prices rise and fall quickly while maintaining a general upward trend. Taobiz explains Tortoise Rally Long-term retail investors generally enjoy the steady gains produced by a tortoise rally. However, active traders and hedge funds can become frustrated by the lack of quick drops and rises that allow these players to capitalize on their superior information and market access. For them, volatility creates opportunities to buy underpriced securities for the long haul or to create short-term trading profits.
A stock that has fallen substantially in value and that looks like it will continue to fall in value in the foreseeable future. This name refers to this type of stock's similarity to a battleship after it has been struck by a torpedo: it goes down fast and continues to sink until hits the bottom. Taobiz explains Torpedo Stock A change in a business's underlying fundamentals can turn a company's stock into a torpedo stock. For example, investors see earnings as a good indicator of a business' success, as even a gradual rate of earnings growth indicates that a business is doing well. However, quarter after quarter of declining earnings with no end in sight can be enough to cause investors to "jump ship" as a stock's price starts to plummet.
The largest stock exchange in Canada. The Toronto Stock Exchange (TSX) was established in 1852 and formally incorporated in 1878. The exchange is located on Bay Street in Toronto and is owned and operated by the TMX Group. Taobiz explains Toronto Stock Exchange - TSX The Toronto Stock Exchange was formerly the TSE, but now goes by TSX. Also the TMX Group was formally the TSX Group. Canadian exchanges have traditionally been home to a large number of natural resource companies.
The setting up of a trade which is based upon what the price of a security does once it reaches a certain critical level. After the security has to reacted the level, the security's positive or negative reaction is used to set up trades. Traditionally, the critical levels are areas of resistance or support for the security. Taobiz explains Trade Price Response For example, say that the $25 level of a stock has been an important level of resistance, and it has had difficulty in moving above that level several times. A trade price response would be the setting up of a trade based on what the price does once it again reaches the $25 level. If the an upward move toward this level were to slow, a trader may enter a short position on the stock as the price has again failed to move above the level. On the other hand, if the price moved above the $25 level a trader may enter a long position in anticipation that the price will head higher after breaking through this critical level of resistance.
A divergence between the price behavior of a position or a portfolio and the price behavior of a benchmark. This is often in the context of a hedge or mutual fund that did not work as effectively as intended, creating an unexpected profit or loss instead. Taobiz explains Tracking Error Tracking errors are reported as a "standard deviation percentage" difference. This measure reports the difference between the return an investor receives and that of the benchmark he or she was attempting to imitate.
The highest bid and lowest ask at market for a particular security during a given time in the trading day. Taobiz explains Touchline The touchline just specifies the best bid or ask available for a particular stock.
A mutual fund or ETF that seeks to replicate the broad market by holding the stock of every security that trades on a certain exchange, invests in a certain country, or passes basic thresholds of size (market cap) or trading volume. Total stock funds, also called total stock market index funds or total market funds, may track a broad index such as the Wilshire 5000, Russell 2000 or MSCI U.S. Broad Market. Taobiz explains Total Stock Fund These super-broad index funds tend to have less volatility than even large indexes like the S&P 500 just because they hold so many companies’ stock. Most total stock funds will have portfolio weightings based in some way on market cap, but they are not necessarily just market-cap weighted, like the S&P 500 is. Total stock funds may not capture a full 100% of the market capitalization of their target market (such as the whole United States or all small-cap stocks), but they are usually able to capture 95% or more by owning the first few thousand stocks in order of market capitalization. One of the largest and oldest total stock funds is the Vanguard Total Stock Market Index Fund, which has nearly $100 billion in assets and owns the 1,300 largest companies that trade on the NYSE, AMEX and Nasdaq.
1. The total return of a stock to an investor (capital gain plus dividends). 2. The internal rate of return of all cash flows to an investor during the holding period of an investment. Taobiz explains Total Shareholder Return - TSR Whatever way you calculate TSR, it means the same thing - the total amount returned to investors.