Standard error
In statistics, a measure of the possible error in an estimate. |
Similar financial terms
Standard DeviationA common measure of spread in the sampling distribution of a random variable. In a financial context, the standard deviation is commonly used to measure risk.
Standard & Poor's 500
The Standard & Poor's 500 Index (S&P 500) is based on a portfolio of 500 different stocks: 400 industrials, 40 utilities, 20 transportation companies, and 40 financial institutions. The weights of the stocks in the portfolio at any given time are proportional to their market capitalizations. The S&P 500 accounts for 80% of the market capitalization of all the stocks listed on the New York Stock Exchange (NYSE).
Standard & Poor's MidCap 400
The Standard & Poor's Midcap 400 Index is somewhat similar to the S&P 500, but is based on a portfolio of 400 stocks that have a lower market capitalization.
Statement of Financial Accounting Standards No. 52
This is the currency translation standard currently used by U.S. firms. It mandates the use of the current rate method.
Statement of Financial Accounting Standards No. 8
This is a currency translation standard previously in use by U.S. accounting firms.
Standardized value
Also called the normal deviate, the distance of one data point from the mean, divided by the standard deviation of the distribution.
Standardized normal distribution
A normal distribution with a mean of 0 and a standard deviation of 1.
American National Standards (ANSI)
ANSI is a private, non-profit organization that administers and coordinates the U.S. voluntary standardization and conformity assessment.
American Standard Code for Information Interchange
American Standard Code for Information Interchange (ASCII) is the most common format for text files in computers and on the internet.
Tracking error
In an indexing strategy, the difference between the performance of the benchmark and the replicating portfolio.
Net errors and omissions
In balance of payments accounting, net errors and omissions record the statistical discrepancies that arise in gathering balance of payments data.
Measurement error
Errors in measuring an explanatory variable in a regression that leads to biases in estimated parameters.
Benchmark error
Use of an inappropriate proxy for the true market portfolio.
