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In itself it means absolutely nothing.
The number has meaning only when you compare it to historical data for several years back for the same stock exchange. Even then, it doesn't say much about whether the stock marketwill climb or fall in the future. It is primarily useful to compare the Stock Market today with what it was last month or last year.
What else can I help you with?
If a stock has a beta of 1.2 what does that mean?
If market rises by 100% then the stock rises by 120%
What percentage of the area falls above the mean?
If you're talking about geometry, then the "mean" = "average". In that case 50% (half) of surface area is above the mean and 50% (half) is below.
What does it mean if your stock volume goes up or goes down during an analysis?
If your stock volume has risen recently that means that there is a lot of trade activity currently going on with your stock. If it goes down it means the opposite and the price of your stock is staying the same.
What does an IQ test result of 125 mean?
100 is average. So 125 is above average. Not genius, but above average.
How many standard deviations above the mean is the 90th percentile?
It is 1.28
What does it mean when a company floats on the stock exchange?
what does floating on the stock exchange mean
What do you mean by stock exchange?
A stock exchange is a place where brokers get together and buy/sell shares of corporations (stocks). Hence the name, stock exchange.
What does amex mean?
American Stock Exchange
What is mean by sebi?
Stock Exchange Board of India
What does n a mean on NYSE?
New York Stock Exchange
What are ratings and that mean in stock exchange?
Ratings In the Stock exchange show how much a single stock from that company is worth such as NASA being worth "X" Amount of Dollars. This means the Numbers on it are how much a Single Stock is worth.
What is the meaning of delisting in corporate?
When a listed company from a certain stock exchange get taken off from the listing, it is called delisting. That mean the stock or share of that company is no longer trade-able (you can'tbuy it or sell it)on that stock exchange.
What do you mean by listing of shares?
parts of a company listed for sale on stock exchange.
What does it mean when a compay is privately owned?
Basically it means that the company is not publically traded on a stock exchange.
Is stock market same as stock exchange?
The stock market is a general term which is related to a place where stocks are traded. A stock exchange is more specific to the place where the trading is executed, such as BSE, NSE, NYSE, NASDAQ and so on. E.g. If you say you trade in the stock market it would mean that you buy and sell shares/equity. BYSOS - India's Foremost Stock Fantasy Gaming Platform bysos.in
What do you mean by sensex?
Sensex is a designation given to the Bombay Exchange Sensitive Index. This is a stock exchange in Bombay that is similar to the one in New York City.
What are the advantages and disadvantages of stock exchange?
Advantages of the stock exchange could help you gain interest and keep your business afloat. Having a stock for yourself or your business keep mean big bucks. But if the economy falls slightly, or the American people stop spending the money than it could mean your stock will fall. You could lose thousands even millions of dollars if you do not know what you are doing.
