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Fit
(redirected from Goodness of fit)

   Also found in: Dictionary/thesaurus, Medical, Legal, Acronyms, Encyclopedia, Wikipedia 0.01 sec.
Fit
The matching of the investor's requirements and needs such as risk tolerance and growth potential preference with a specific investment. Also, how well or how poorly a regression line represents the data points it is based on. A good ‘fit’ indicates a high correlation coefficient.

Fit
To meet the needs of an investor or portfolio. That is, a security fits a portfolio if it has the acceptable amount of risk, return, meets the investor's ethical preferences, and so forth.

fit
A condition in which a security fulfills an investor's portfolio needs. For example, an investor may select a new municipal bond because that bond's maturity makes it a good fit in the investor's portfolio.


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For each type of logistical model discussed, Hilbe describes the theoretical foundation and explains how it is to be established, interpreted, and evaluated as to its goodness of fit.
If you give a usual battery of psychological testing, you don't get the goodness of fit that you do with a lot of other disorders," she said.
Several measures were used to assess the model fit: the Chi-square goodness of fit, the ratio of the Chi-square goodness of fit to the degrees of freedom, the root mean square error of approximation (RMSEA), the normed fit index (NFI), and the expected cross-validation index (ECVI).
 
 
 
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