An order that is valid only for the day it is entered. If the order is still outstanding when the market closes, it will be purged overnight.
Archives
Dividend
The portion of the issuer’s equity paid directly to shareholders. It is generally paid on common or preferred shares. The issuer or its representative provides the amount, frequency (monthly, quarterly, semi-annually, or annually), payable date, and record date. The exchange that the issue is listed on sets the ex-dividend/distribution (ex-d) date for entitlement. An issuer is under no legal obligation to pay either preferred or common dividends.
Double Bottom/ Double Top
These are reversal patterns. It is a decline or advance twice to the same level (plus or minus 3%). It indicates support or resistance at that level. These are signature patterns that are playable with little or no confirmation.
Equity Value
The total dollar value of volume traded on one side of the transaction for a specified period. It equals price multiplied by volume.
Days Sales Outstanding
A measure of accounts receivables compared to sales. Higher DSOs means a company’s receivables as a percentage of sales have increased, not a good sign.
Downtick
A trade is on a downtick when the last trade occurred at a price lower than the previous one.
Dividend Yield
Total of 12-month’s dividends paid (historical or forecast) divided by the latest share price.
Days Sales Outstanding
A measure of accounts receivables compared to sales. Higher DSOs means a company’s receivables as a percentage of sales have increased, not a good sign.
Equity Volume
The total number of shares traded on one side of the transaction.
Downtrend
Stock price is heading down.