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Intrinsic Value
An estimate of the true value of an asset, including tangibles and intangibles, based on an underlying perception of its true value including all aspects of the business, in terms of both tangible and intangible factors.
Beta Coefficient
An index of a security's fluctuation in value as compared to the broader market, signifying its relative risk versus the average market risk.
Characteristic Line
In finance, a line that describes the relationship between the returns on a stock and the returns on the market, used in the Capital Asset Pricing Model (CAPM).
Stable Equilibrium
A state in which a system, once disturbed, returns to its original condition because the equilibrium is stable.
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