secular trend


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Related to secular trend: seasonal variation

Secular Market

A market as defined by its overarching, long-term trends. Generally, a secular market refers to trends over a period of five or more years. A secular market may be bullish or bearish, and, in market analysis, takes precedence over opposite, short-term trends that happen within the secular market. For example, the Great Depression in the United States lasted from 1929 until World War II (certainly a bearish secular market). Even though some years saw significant GDP growth (including 14.2% growth in 1936), this did not prevent the secular market from being bearish. Thus, a secular market describes general trends in the market without regard for anomalous trends in the interim. See also: Cyclical market.

secular trend

The relatively consistent movement of a variable over a long period. A stock in a secular uptrend is an indicator that the security has experienced an extended period of rising prices.

secular trend

see SALES FORECASTING.
Secular trendclick for a larger image
Fig. 175 Secular trend. The movement in the UK's gross domestic product (volume basis), 1994–2003. Source: Office for National Statistics.

secular trend

a long-term movement, either upwards or downwards, in some economic variable. For example, Fig. 175 shows that the GROSS DOMESTIC PRODUCT (GDP) - in current prices - of the UK has risen steadily in the period since 1994. See also TIME-SERIES ANALYSIS, CYCLICAL FLUCTUATIONS.
References in periodicals archive ?
Thirdly, by repeating the growth study after every 10-15 years secular trends can be made clear.
With the length of the leg bones being the best indicator of a person's height [25], the increase in the length of femur and tibia allowed the estimation of the increase in height and secular trend for the investigated period.
Positive secular trends in body dimensions and growth rate have been apparent all over the world in both genders during the last century (1).
Serge Amselm, Jean-Claude Carel, Nicola De Roux, Tarik Issad, Stefania MacCarri, Vincent Prevot, and Charles Susanne, "Growth and Puberty: Secular Trends, Environmental and Genetic Factors, a Collective Expert Report," Institut National de la Sante et de la Recherche Medicale (Paris: National Natural History Museum, 2007).
Minnesota clinicians also demonstrated improvement in some of these factors, but the magnitude of improvement was consistently greater among Wisconsin clinicians, and the improvements in several of these factors in Wisconsin remained significant even after the secular trend in Minnesota was accounted for.
We also evaluated the impact of possible secular trends by systematically altering the proportion of change in each component of care attributable to baseline secular trends.
The topics include the secular trend of timing of puberty, the adrenal function of low-birthweight children, the molecular genetics of isolated hypogonadotropic hypogonadism and Kallmann syndrome, gonadotropin-releasing hormone analogue treatment for precocious puberty, polycycstic ovary syndrome in adolescence, and present and future options for preserving fertility in female adolescents with cancer.
Here, we evaluate whether this background antimicrobial use may be responsible for the downward secular trend in the prevalence of trachoma.
He said: "The outlook for worldwide growth is improving, the secular trend towards lower inflation and lower interest rates remains in place, and Japan is the key swing factor in the global outlook.
In none of the cites was there a secular trend in birth weights.
The procedure first isolates cyclical movements and then estimates the remaining secular trend.
Moreover, there is a secular trend of portfolio managers allocating more money to emerging market equities.