Dictionary
- Net Asset Value
- The total market value of all securities contained in a mutual fund; also known as price per share.
- Neural Nets
- An artificial intelligence program that is capable of learning through a training process of trial and error.
- Nikkei 225 Index
- Index of the 225 major stocks on the Tokyo stock exchange.
- Non-Trend Day
- A narrow range day lacking any discernible movement in either direction.
- Normal Distribution
- For the purposes of statistical testing, the simulated net returns are assumed to be drawn from a particular distribution. If net returns are drawn from a normal distribution, low and high returns are equally likely, and the most likely net return in a quarter is the average net return.