Business / Finance / Relative Strength: Movement of a stock price over the past year as compared to a market index (like the S&P 500). A value below 1.0 means the stock shows relative weakness in price movement (underperformed the market); a value above 1.0 means the stock shows relative strength over the one-year period. Equation for Relative Strength: [current stock price/year-ago stock price] divided by [current S&P 500/year-ago S&P 500]. Note this can be a misleading indicator of performance because it does not take risk into account.
Relative Noun Synonyms: related, connected, associated, allied, affiliated, interconnected, interrelated, pertinent, relevant, germane, applicable, apropos
Strength Adjective Synonyms: power, might, force, mightiness, robustness, toughness, stoutness, sturdiness, brawn, brawniness, muscle, sinew
Strength Noun Synonyms: concentration, concentratedness, intensity, potency
Business / Finance / Relative Value: The attractiveness measured in terms of risk, liquidity, and return of one instrument relative to another, or, for a given instrument, of one maturity relative to another. MORE
Health / Health Insurance / Relative Value Scale (RVS): A method used by MCOs of determining provider reimbursement that assigns a weighted value to each medical procedure or service. To determine the amount the MCO will pay to the physician, the weighted MORE