Related Words

Deviation: The measure of how widely the individual varies from the general population.

Standard Deviation: Standard deviation is a statistical measurement of how far a variable quantity, such as the price of a stock, moves above or below its average value. The wider the range, which means the gre . . . View Full Definition

Relative Standard Deviation: The relative standard deviation is a measure of precision, calculated by dividing the standard deviation for a series of measurements by the average measurement.

Deviation (Of Compass): The deflection of the needle of a magnetic compass due to masses of magnetic metal within a ship on which the compass is located. This deflection varies with different headings of the ship. . . . View Full Definition

Deviation (Magnetic): The error of a Magnetic Compass due to inherent magnetic influences in the structure and equipment of an aircraft.

Limit Of Quantitation: The smallest detectable concentration an analytical instrument can determine at a given confidence level. IUPAC defines the quantitative detection limit as Cld = ks/m, where k is 10, s is th . . . View Full Definition

Proportional Limit: The greatest stress a material can withstand without deviation from the straight-line proportionality between stress and strain.

Volatility Risk: A measure of risk based on the standard deviation of the asset return. Volatility is a variable that appears in option pricing formulas, where it denotes the volatility of the underlying ass . . . View Full Definition

Statutory Investment: Used in the context of general equities. Standard deviation of the difference between the portfolio return and the desired investment benchmark return.

Tracking Stock: Some corporations issue tracking stock, a type of common stock whose value is linked to the performance of a particular division or business within a larger corporation rather than to the co . . . View Full Definition