Universe

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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 is rather to make the telephone as universal as the water faucet, to bring within speaking distance every economic unit, to connect to the social organism every person who may at any time be needed.
The attempt has awakened fully the public attention to that important subject; and has led to investigations which must terminate in a thorough and universal conviction, not only that the constitution has provided the most effectual guards against danger from that quarter, but that nothing short of a Constitution fully adequate to the national defense and the preservation of the Union, can save America from as many standing armies as it may be split into States or Confederacies, and from such a progressive augmentation, of these establishments in each, as will render them as burdensome to the properties and ominous to the liberties of the people, as any establishment that can become necessary, under a united and efficient government, must be tolerable to the former and safe to the latter.
Hence, up to the date of the introduction of the Universal Colour Bill, the Circles had not only held their own, but even increased their lead of the other classes by abstinence from the popular fashion.
There is the disadvantage of not knowing all languages," said Conseil, "or the disadvantage of not having one universal language.
On one side the religious multitude, with their sad visages and dark attire, and on the other, the group of despotic rulers, with the high churchman in the midst, and here and there a crucifix at their bosoms, all magnificently clad, flushed with wine, proud of unjust authority, and scoffing at the universal groan.
There was accordingly a universal restlessness and commotion throughout the plain; and the amorous herds gave utterance to their feelings in low bellowings that resounded like distant thunder.
After a little there were signs of universal depression which those who ran might read.
Nature does not cocker us; we are children, not pets; she is not fond; everything is dealt to us without fear or favor, after severe universal laws.
The stages of the swift and universal collapse of the financial and scientific civilisation with which the twentieth century opened followed each other very swiftly, so swiftly that upon the foreshortened page of history--they seem altogether to overlap.
Writers of universal history who deal with all the nations seem to recognize how erroneous is the specialist historians' view of the force which produces events.
There was a Reuter just come in from Singapore to the effect that the sickness seemed to be universal in Sumatra and that the lighthouses had not been lit in consequence.
Will you not stop and congratulate the Dog on the reign of universal peace?

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