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 ?
Secular trends in height and weight among children and adolescents of the Seychelles, 1956-2006.
Surveys in the Kailali and Konchapur districts of western Nepal have shown a large secular trend, suggesting that active trachoma would have disappeared rapidly even if a trachoma program had not been implemented (5).
Given these overall secular trends, it is informative to compare class size over time using alternative price indexes.
These families are expected to experience solid growth rates driven by secular trends and fit extremely well with our market-leading positions and competitive advantages.
Fitch considers an upgrade unlikely until secular trends stabilize.
Global, secular trends are fundamentally reshaping the supply and demand balance for many commodities worldwide.
Europe remains a key sales market for these companies and current demand for paper is weak due to secular trends and economic concerns.
Equinix sits at the middle of several secular trends in the industry including mobility, cloud computing and the Internet of Things, which has helped us grow the company's revenues by 14 percent year-over-year in 2014.
I believe ImageWare is well-positioned to benefit from these secular trends and I look forward to working closely with Jim and the executive suite to help monetize their IP portfolio in a number of markets.
I attribute the company's success to excellent execution by the entire Semtech team and to our focus on long term secular trends.
Descriptive Epidemiology of Type 1 Diabetes in Youth: Incidence, Mortality, Prevalence, and Secular Trends
While challenging secular trends have undermined its performance in recent years, we believe that there is a great deal of opportunity ahead of it.