Overhang


Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia, Wikipedia.

Overhang

Used in the context of general equities. Sizable block of securities or commodities contracts that, if released on the market, would put downward pressure on prices; prohibits buying activity that would otherwise translate into upward price movement. Examples include shares held in a dealer's inventory, a large institutional holding, a secondary distribution still in registration, and a large commodity position about to be liquidated.

Market Overhang

Shares in a security or commodity contracts that are likely to be sold in certain circumstances, creating downward pressure on the price. That is, the market overhang supply is a block that investors are holding but will likely attempt to sell. For example, if a security hits its resistance level, more investors are likely to sell their shares which increases the number of shares available on the market and, assuming demand does not increase, will lead to a decline in the price. Market overhang is also called the overhanging supply or simply the overhang.
References in periodicals archive ?
greater the turnover and the tax overhang, the more the tax burden
Jean's Overhang allows traditional climbing, while the Corn Flakes area is suitable for top roping.
The post Oil prices dip on persistent fuel supply overhang appeared first on Cyprus Mail .
In case of the advanced system, the overhang and the light shelf divided the window into two independent sections - i) the view aperture (bottom window), and ii) the auxiliary aperture (top window).
The bank said, 'While it is difficult to quantify stock implications before the next course of action by the Supreme Court is known, we believe that the Supreme Court ruling would be an overhang on the sector in the near term.'
Then, we compute the overhang of structures as the percentage difference between the actual stock of structures and the optimal level.
In case of the advanced system, the overhang and the light shelf divided the window into two independent sections--i) the view aperture (bottom window), and ii) the auxiliary aperture (top window).
(4) The location of the glenoid baseplate cage peg from the inferior glenoid rim and the amount of glenosphere overhang was measured on each immediate postoperative AP radiograph using digital calipers.
AA flying freehold exists where part of a freehold property overhangs a freehold property owned by a third party.
Importantly, 20 of the 26 episodes lasted more than a decade, and the average duration of debt overhang episodes in the sample is 23 years.
The top edge of the clerestory overhang was placed at a distance and angle from the top of the clerestory windows such that three weeks prior to the equinox, the clerestories were fully covered.
Grinblatt and Han (2005) find that a variable proxying for aggregate unrealized capital gains (or capital gains overhang) is the primary driver of momentum, and past returns do not predict future returns after controlling for this variable.