Point

(redirected from trial point)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia.

Point

The smallest unit of price change quoted, or one one-hundredth of a percent. Related: Minimum price fluctuation and tick.

Point

A way of conceptualizing price changes in the trading of securities. For stocks, a point corresponds to $1, while for bonds it indicates a 1% change relative to the face value. For example, if one states that GE rose two points on Thursday, this means that it rose $2. See also: Tick.

point

A change in the value of a security or a security index or average. For common and preferred stocks a point represents a change of $1. For bonds a point represents a 1% change in face value. For example, a one-point decline in a $1,000 principal amount bond translates to a $10 decline in price. For stock averages and indexes a point represents a unit of movement and is best interpreted as a percent of the beginning value. For example, a 100-point decline in the Dow Jones Industrial Average that started the day at 10,000 represents a 1% fall in the average.
References in periodicals archive ?
A Show X and Hunter Trial Points Accumulator event is at Armondside Farm, Hamsterley, Sunday.
With a short delay (190 ms) before the air dryers, the differences between trial points were clearly smaller than with longer delays.
Chris put the episode behind him by adding Olympic trial points race victory on the Saturday to his scratch race triumph.