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 Glossary   >   R   >   "Residuals" Definition   

        Residuals

(1) Parts of stock returns not explained by the explanatory variable (the market-index return). They measure the impact of firm-specific events during a particular period. (2) Remainder cash flows generated by pool collateral and those needed to fund bonds supported by the collateral.

Residuals


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Residuals - (1) Parts of stock returns not explained by the explanatory variable (the market-index return). They measure the impact of firm-specific events during a particular period. (2) Remainder cash flows generated by pool collateral and those needed to fund bonds supported by the collateral.


Residuals : (1) parts of stock returns not explained by the explanatory variable (the market-index return). they measure the impact of firm-specific events during a particular period. (2) remainder cash flows generated by pool collateral and those needed to fund bonds supported by the collateral.