Price persistence

Price persistence

Price Momentum

The performance of a stock relative to its industry or the performance of an industry relative to the market as a whole. A stock (or industry) that outperforms its industry (or market) for a given period of time is seen as a bullish sign for that stock (or industry). The concept is also called relative strength.
References in periodicals archive ?
A measures this structural price persistence with respect to the price obtained the last time the product was traded.
The parameter estimated for price persistence was 0.9444, which reflects a high level of price persistence and a slow adjustment to the point of equilibrium, i.e., that in which the observed price coincides with the perceived price.