Cumulative probability distribution

A function that shows the probability that the random variable will attain a value less than or equal to each value that the random variable can take on.

Similar financial terms

Non-cumulative preferred stock
Preferred stock whose holders must forgo dividend payments when the company misses a dividend payment.

Cumulative abnormal return (CAR)
Sum of the differences between the expected return on a stock and the actual return that comes from the release of news to the market.

Cumulative dividend feature
A requirement that any missed preferred or preference stock dividends be paid in full before any common dividend payment is made.

Cumulative preferred stock
Preferred stock whose dividends accrue, should the issuer not make timely dividend payments.

Cumulative Translation Adjustment (CTA) account
An entry in a translated balance sheet in which gains and/or losses from translation have been accumulated over a period of years. The CTA account is required under the FASB No. 52 rule.

Cumulative voting
A system of voting for directors of a corporation in which shareholder's total number of votes is equal to his number of shares held times the number of candidates.

Probability function
A function that assigns a probability to each and every possible outcome.

Probability distribution
Also called a probability function, a function that describes all the values that the random variable can take and the probability associated with each.

Probability density function
The probability function for a continuous random variable.

Probability
The relative likelihood of a particular outcome among all possible outcomes.

Normal probability distribution
A probability distribution for a continuous random variable that is forms a symmetrical bell-shaped curve around the mean.

Base probability of loss
The probability of not achieving a portfolio expected return.

Lognormal distribution
A varaible has a lognormal distribution when the logarithm of the variable has a normal distribution.

Standardized normal distribution
A normal distribution with a mean of 0 and a standard deviation of 1.

Skewed distribution
Probability distribution in which an unequal number of observations lie below and above the mean.

Secondary Distribution
The redistribution to the public of a block of shares owned by an existing shareholder (not from the corporate treasury).

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Margin requirement (Options)

The amount of cash an uncovered (naked) option writer is required to deposit and maintain to cover his daily position valuation and reasonably foreseeable intra-day price changes.


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