Dictionary
- Accumulation/Distribution Line
- See Chaikin Oscillator
- Active Management
- The main benefit of an active investment strategy is the potential for higher returns. An active manager can profit from market trends since he may choose amongst the most promising securities and sectors.
- Active Portfolio
- In the context of the Treynor-Black model, this is a portfolio that contains analyzed stocks, non-zero alphas and passive portfolio of the market index.
- Adaptive Filter
- Smoothing or forecasting prices with continuously updated weighting of past prices.
- Adjusted Forecast
- A micro or macro forecast which is adjusted in order to minimize the inaccuracy of forecasting.