Dow Theory Forecasts   Stock Market Trends & Securities Report Since 1946

 

HomeAbout Dow Theory ForecastsWhy Dow Theory Forecasts?PerformanceFAQInvesting 101Meet Our TeamHorizon StoreContact Us

 

SUBSCRIBER LOGIN




Forgot your login? Click here

Not a subscriber yet? Click here

 

In the News

In the News

Now Available:
Individual Stock Reports on all S&P 500 stocks

ISRs make stock research easy!

  • Perhaps the most valuable two page reports available anywhere.

  • All the data you would normally have to plow through years of 10-K filings, earnings reports, and reams of market data to assemble - yours all in one concise report.

  • ISRs contain our proprietary Quadrix scores - find out how we rate all the stocks in the S&P 500.

  • Updated daily

Visit individualstockreports.com today!

About Us

 

Glossary of Commonly Used Financial Terms
Index  A  B  C  D  E  F  G-H  I-K  L  M  N  O  P  Q-R  S  T  U-Z

Accounts Receivable
Payments that are owed a company by its customers. These payments are shown as a current asset on the balance sheet.

 

Accrued Wages
Wages owed to a firm's employees which have not yet been paid. Accrued wages appear as a current liability on the balance sheet.

 

Acid Test Ratio
Another name for the quick ratio. See quick ratio.

 

Activity Ratios
A series of ratios that measure how actively a firm is using its resources.

 

Adjustment Bond
See Income Bond.

 

ADR
An "American Depository Receipt," which is sold on U.S. stock exchanges, represents a specific number of shares in a foreign company. It is used in the United States to facilitate the trading of foreign stocks.

 

American Stock Exchange
One of the largest of several U.S. based organized securities trading markets.

 

Amortization
Similar to depreciation, except amortization relates to intangible assets (patents, trademarks, or goodwill) owned by the firm while depreciation relates to tangible assets.

 

Annual Report to Shareholders
The principal document used by public corporations to disclose information to shareholders. It is produced each year by every publicly-traded company in the U.S. and includes certain basic financial tables as well as valuable corporate information such as a business discussion and outlook, market segment data, product line data, and business expansion plans.

 

Arbitrage
A trading technique that attempts to exploit discrepancies in the price of a particular asset that trades in different markets. For example, an individual would purchase stock in one market and sell it in another market where the price is higher.

 

Arrears
Typically used when referring to dividends on preferred stock that are "overdue." These "overdue" dividends, or "dividends in arrears," must be paid to shareholders before any common stock dividends may be paid.

 

Asked Price
See Offer.

 

Assets
Resources owned by a firm. Assets are further classified as current assets, fixed assets, or intangible assets. Current assets are those assets that can be turned into cash within a year, such as cash, marketable securities, receivables, and inventories. Intangible assets are items of value such as patents and goodwill. Fixed assets are items such as buildings and equipment.

 

Asset Turnover
A measure of the sales generating ability of a firm's overall assets. A low asset turnover ratio may indicate that a firm is not generating enough sales to justify its investments.


Asset Turnover = Sales
Total Assets


Auditor's Report
Also known as the "Report of Independent Accountants," the Auditor's Report is one of the basic financial documents included in a firm's annual report to shareholders. It is prepared by an outside accounting firm and expresses the accountant's opinion regarding the fairness of a particular company's financial statements.

 

Average Shares Outstanding
The average number of common stock shares that are owned by investors during a particular time period such as a quarter or year.

 

Averages
A variety of stock market activity measures that attempt to summarize price movements. Among the best known of these averages (or indexes) is the Dow Jones Industrial Average, which is an average of 30 industrial stocks that are listed for trading on the New York Stock Exchange.

 

Subscribe Now!

 

Current Issue

Monday, May 12, 2008

Once upon a time, dividends were more important than capital gains …

:: Read More

Stock Spotlight

Looking for growth? Consult the Oracle

Monday, May 5, 2008

Oracle ($22; NASDAQ: ORCL) worried investors when it reported that businesses were slowing purchases of software applications in the February quarter. Customers began delaying orders in February.

The company says most of the deals...

:: Read More

Current Hotline

Friday, May 9, 2008

Stocks have pulled back from recent highs, reflecting concerns about surging oil prices and some disappointing profit reports from financials…

:: Read More

 

Home | About Dow Theory Forecasts | Why Dow Theory Forecasts? | Performance | FAQ | Investing 101 | Our Team | Horizon Store | Contact | Privacy Policy

Your subscription to Dow Theory Forecasts comes with a Money-Back Guarantee. If at any time you are not completely satisfied, simply let us know and we will cancel your subscription for any reason. Any issues, special reports, or bonuses you have received are yours to keep. We will cancel your subscription and promptly refund any paid, unmailed issues.

If you have any questions or problems, please contact our dedicated customer service staff for assistance via e-mail at custserv@horizonpublishing.com or by calling 800-233-5922.

* You must be a current active subscriber to Dow Theory Forecasts to access our special subscribers-only features.

Dow Theory Forecasts® is a publication of Horizon Publishing Company
7412 Calumet Avenue
Hammond, IN 46324
800-233-5922
Quadrix® is a Registered Trademark of Horizon Publishing Company
*Charts by MetaStock®. MetaStock is a registered trademark of Equis Int'l.