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1586 terms

Glossary

Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.

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Autocorrelation

Technical analysis
Also called: Serial correlation

The correlation of a series with itself at a lag — whether today’s move says anything about tomorrow’s.

In plain terms

Positive means moves tend to continue, which is what a breakout system needs. Negative means they tend to reverse, which is what a pull-back system needs. Around zero means neither system has anything to work with.

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Indian stock market glossary · Market Vidyalaya