Universe

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Related to Universes: Other universes, Parallel universes, Multiple universes

Universe

A group of securities, assets or anything else with similar characteristics. One may consider, for example, a universe of stocks in the same industry. Universes are useful when comparing one data point to others in order to maintain control over systematic factors.

Universe.

In the world of investments, the word universe refers to a specific group or category of investments that share certain characteristics.

A universe might be the stocks that are included in a particular index, the stocks evaluated by a particular analytical service, or all the stocks in a particular industry.

References in classic literature ?
It was one of those journeys on which a man perpetually feels that now at last he must have come to the end of the universe, and then finds he has only come to the beginning of Tufnell Park.
That was why to Jurgis it seemed almost profanity to speak about the place as did Jokubas, skeptically; it was a thing as tremendous as the universe--the laws and ways of its working no more than the universe to be questioned or understood.
The populace are hailing him 'Prince of Poets,' as well as 'Glory of the East,' 'Delight of the Universe,' and 'Most Remarkable of Cameleopards.
For the Universe has three children, born at one time, which reappear under different names in every system of thought, whether they be called cause, operation, and effect; or, more poetically, Jove, Pluto, Neptune; or, theologically, the Father, the Spirit, and the Son; but which we will call here the Knower, the Doer, and the Sayer.
What a cruel practical joke old Nature played when she flung so many contradictory elements together, and left the man face to face with the perplexing callousness of the universe.
Notre-Dame had been to him successively, as he grew up and developed, the egg, the nest, the house, the country, the universe.
Then he was again led somewhere still blindfold, and as they went along he was told allegories of the toils of his pilgrimage, of holy friendship, of the Eternal Architect of the universe, and of the courage with which he should endure toils and dangers.
Genius, he held, is necessarily intolerant of fetters: on the one hand it must have the utmost play for its spontaneity; on the other, it may confidently await those messages from the universe which summon it to its peculiar work, only placing itself in an attitude of receptivity towards all sublime chances.
Then, rubbing his head, he mounted slowly on to the box and drove away with an uptossed hand appealing to the universe.
In the intervals of pandemonium, each chattered, cut up, hooted, screeched, and danced, himself sufficient unto himself, filled with his own ideas and volitions to the exclusion of all others, a veritable centre of the universe, divorced for the time being from any unanimity with the other universe-centres leaping and yelling around him.
For all Jerry might have known, though he pondered it not, Malaita was a universe, beheaded and resting on the knees of some brooding lesser god, himself vastly mightier than Bashti whose knees bore the brooding weight of Skipper's sun-dried, smoke-cured head, this lesser god vexed and questing, feeling and guessing at the dual twin-mysteries of time and space and of motion and matter, above, beneath, around, and beyond him.
And here was the man Spencer, organizing all knowledge for him, reducing everything to unity, elaborating ultimate realities, and presenting to his startled gaze a universe so concrete of realization that it was like the model of a ship such as sailors make and put into glass bottles.

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