Universe of securities

Universe of securities

A group of stocks having a common feature, such as similar outstanding market capitalization or same product line.

Universe of Securities

In technical analysis, a group of similar securities compared to each other. Securities may be in the same industry, or have similar market capitalizations, or may be listed on the same index. There is no rule stating what criteria can be used for creating a universe of securities; all that matters is that an analyst believes they are alike enough to be compared so that he/she may determine and analyze market trends. Testing a theory on a specific universe of securities helps technical analysts create methodologies for analyzing markets.
References in periodicals archive ?
First, the investment team screens the universe of securities using the firm's internally developed Return Pattern Recognition system.
Such a broad universe of securities also increases the dispersion of returns between investments.
We are pleased that, two months after launch, Chi-East is now matching trades for a wide universe of securities listed in Hong Kong, Japan and Singapore," said Ned Phillips, CEO of Chi-East.
Initially, the new Fundamental Index family features indexes based on the universe of securities in the U.
Clearstream will be in a position to offer customers of all Clearstream entities (both the ICSD and the CSDs) the choice of settlement in commercial bank money (via the ICSD) and EUR central bank money (via the CSDs) for the full universe of securities.
The system searches the entire universe of securities and comes back with the results in a fraction of a second.
SEATTLE -- Russell Investments and Parametric Portfolio Associates have collaborated on a new index series that measures the return dispersion of a universe of securities.
Although our universe of securities is comprised of high quality stocks with strong potential for capital appreciation, the universe is not well-covered by sell-side research firms, and most institutional managers focus on large capitalization international securities.
Other customizable resources include a fund reports tool, a hypothetical illustration tool and investment radar that allows advisors to locate their clients' investments amid the universe of securities for peer group analysis.
companies, thereby permitting investment in a broader universe of securities and industries.
Vanguard expects that removing the requirement will have a favorable impact on the funds by broadening the universe of securities available for investment, thereby increasing the funds' diversification.