Home Wikituition Browse all terms Categories
Random term

Terms starting with D

59 terms · page 3 of 3

A–Z
All A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Filtering by: Starts with D Clear all
Economy, Macro & Market Cycles

Domestic Institutional Flows

Net purchases or sales of Indian securities by domestic mutual funds, insurers and pension funds.

Net Flow = Value of Purchases - Value of Sales by domestic institutions over the period ₹ crore Indicators & Oscillators

Donchian Channel

Bands drawn at the highest high and lowest low of the last n periods, with a midline between them.

Upper Channel = Highest High over n periods; Lower Channel = Lowest Low over n periods; Middle = average of the two ₹ Technical Analysis & Chart Patterns

Double Bottom

Two troughs at approximately the same price separated by a peak, forming a W shape on the chart.

Test: two lows within a small percentage of each other, separated by a rally to an intervening high that is later exceeded qualitative Technical Analysis & Chart Patterns

Double Top

Two peaks at approximately the same price separated by a trough, forming an M shape on the chart.

Test: two highs within a small percentage of each other, separated by a decline to an intervening low that is later breached qualitative Technical Analysis & Chart Patterns

Dow Theory

An early framework holding that markets move in primary, secondary and minor trends, and that indices must confirm one another.

Test: a primary trend is established when successive peaks and troughs move in one direction and a second related index confirms the same direction qualitative Risk & Portfolio Management

Downside Risk

The dispersion of returns below a target level, ignoring variation above it.

Downside Deviation = square root of the average of squared shortfalls below the target return % Technical Analysis & Chart Patterns

Downtrend

A price sequence in which each significant high is below the previous high and each significant low is below the previous low.

Test: current swing high < previous swing high, and current swing low < previous swing low qualitative Risk & Portfolio Management

Drawdown

The decline in a portfolio's value from a previous peak to a subsequent trough, expressed as a percentage.

Drawdown = (Peak Value - Current Value) / Peak Value x 100 % Market Psychology & Behavioural Finance

Dunning-Kruger Effect

The tendency for people with limited competence in a domain to overestimate their ability in it.

Test: self-assessed ability is highest relative to actual ability among the least skilled, because assessing skill requires the skill itself qualitative Fundamental Analysis & Valuation

DuPont Analysis

A decomposition of return on equity into profit margin, asset turnover and financial leverage, showing what drives the return.

ROE = Net Profit Margin x Asset Turnover x Equity Multiplier = (Profit/Sales) x (Sales/Assets) x (Assets/Equity) % Bonds & Fixed Income

Duration

A measure of how sensitive a bond's price is to a change in interest rates.

Approximate Price Change % = -Modified Duration x Change in Yield in percentage points years