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 periodicals archive ?
The transaction is structured to enable Ardent to maintain its strong balance sheet and potential for future growth and investment.
Ardent Health Services invests in people, technology, facilities and communities.
ConAgra Foods and Cargill will each own a 44 percent stake in Ardent Mills, with CHS owning a 12 percent interest.
Headquartered in Dover, NH, Ardent is recognized as the premier systems and storage support provider of Unix systems, Windows based systems, storage, and networking equipment throughout North America.
Ardent Scout wasn't winning this out of turn, having been a close second to Young Kenny in 2000 and fourth to Amberleigh House last year.
Last night Ardent chairman Malcolm Cockren confirmed Edward's involvement.
Filming by Ardent, for an American cable programme entitled the A-Z of Royalty, caused a furore when the film crew breached a privacy agreement btween the media and St James's Palace, representing Prince William.
Malcolm Cockren, Ardent chairman, said a full investigation is being carried out by the company.
A spokeswoman for St James' Palace tonight said: "There was a crew who have admitted to working for Ardent.
Informix is acquiring Ardent as this issue goes to press (the transaction is expected to have closed on Feb.
With the roll-out of the new products, Ardent says its DataStage Suite now comes in three flavors.
Even though it's past November, people who have not gotten their vaccines can and should,'' Ardent said.