Point

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Point

The smallest unit of price change quoted, or one one-hundredth of a percent. Related: Minimum price fluctuation and tick.

Point

A way of conceptualizing price changes in the trading of securities. For stocks, a point corresponds to $1, while for bonds it indicates a 1% change relative to the face value. For example, if one states that GE rose two points on Thursday, this means that it rose $2. See also: Tick.

point

A change in the value of a security or a security index or average. For common and preferred stocks a point represents a change of $1. For bonds a point represents a 1% change in face value. For example, a one-point decline in a $1,000 principal amount bond translates to a $10 decline in price. For stock averages and indexes a point represents a unit of movement and is best interpreted as a percent of the beginning value. For example, a 100-point decline in the Dow Jones Industrial Average that started the day at 10,000 represents a 1% fall in the average.
References in periodicals archive ?
These instructions consisted of keeping their gaze on the central fixation point and pressing the laptop keyboard every time a stimulus was perceived.
These arcs were seen one above and one below the fixation point, when viewing an open fire, and corresponded to the projected path of retinal nerve fibres from the point of stimulation to the optic nerve.
Since monkeys can't describe their perceptions verbally, the scientists trained them to make quick eye movements to the right (signaling upward motion) or left (signaling downward motion) of a central fixation point presented after each trial.
The patient responds to the stimulus while focusing on the fixation point displayed.