Correction


Also found in: Dictionary, Thesaurus, Medical, Legal, Idioms, Encyclopedia, Wikipedia.

Correction

Reverse movement, usually downward, in the price of an individual stock, bond, commodity, or index. If prices have been rising on the market as a whole, and then fall dramatically, this is known as a correction within an upward trend. Antithesis of a technical rally. See: Dip, break.

Market Correction

A drop in the price of a security when that security has been overbought and therefore overpriced. Market corrections are usually short-term and are necessary for the stability of the security.

correction

A sharp, relatively short price decline that temporarily interrupts a persistent upward trend in the market or in the price of a stock.

Correction.

A correction is a drop -- usually a sudden and substantial one of 10% or more -- in the price of an individual stock, bond, commodity, index, or the market as a whole.

Market analysts anticipate market corrections when security prices are high in relation to company earnings and other indicators of economic health.

When a market correction is greater than 10% and the prices do not begin to recover relatively promptly, some analysts point to the correction as the beginning of a bear market.

References in periodicals archive ?
Timothy Fernandez, detention officer, Corrections Corporation of America, Stewart Detention Center, Lumpkin, Ga.
An example of a Discrimination correction would include asking a student to respond to the words "Cat" and "Cats" because the student said "Cat" when presented with the word "Cats.
If we have not applied the Bagley and Rabinowitsch corrections, then dividing the apparent shear stress by the apparent shear rate will determine the apparent viscosity ([[eta].
Under the revised program, the plan may retain the asset and settle for the correction amount in cash if an independent fiduciary determines that the plan will realize a greater benefit from this correction than it would from selling the asset.
Alhambra responded with an apology and a correction.
Because of the small number of participants affected relative to the total and the small monetary amount relative to the total employer contribution, the failure was deemed insignificant and eligible for correction.
ud] from the expected high precision neutron decay data, one has to evaluate all corrections for neutron decay with the appropriate accuracy.
The last decade saw the development and implementation of a number of successful partnerships between police and community corrections, such as Boston's Operation Night Light.
Providers have usually been advised not to share copies of quality assurance materials with surveyors, but providing this written document is now the designated means of proving correction.
In the limited number of cases where the required correction is considered an insufficient remedy in itself the IRS should impose correction compliance fees (similar to those applicable in Walk-in CAP) rather than punitive sanctions for unintentional and non-egregious qualification failures.
The Service is placing increasing emphasis on self-correction of retirement plan defects, rather than the forced correction of plan defects through examinations.
The income and expense schedules to be attached to the Applications for Correction for high and low value rental properties, TC 101 SIE and TC 102 SIE, will now be combined on one form and will be on white paper, not blue or green paper as in the past.