What Is Homoskedastic? Homoskedastic (also spelled “homoscedastic”) refers to a condition in which the variance of the residual, or error term, in a regression model is constant. That is, the error term does not vary much as the value of the predictor variable changes. Another way of saying this is that the variance of the
What Is the Hong Kong SAR? Hong Kong is the premier financial and business center in China and a regional financial leader. Hong Kong is one of China’s special administrative regions (SARs). An SAR is a relatively autonomous regions within the People’s Republic of China that maintain separate legal, administrative, and judicial systems from the
What is the Hong Kong Stock Exchange (HKG) .HK The Hong Kong Stock Exchange (HKG) .HK is a member of the HKEX Group and the leading venue for capital raising activity for Hong Kong and Mainland Chinese issuers. One of the world’s largest securities markets by market capitalization, the Hong Kong Stock Exchange traces its
What Is a Hook Reversal? Hook reversals are short-term candlestick patterns that predict a reversal in the trend’s direction. The pattern occurs when a candlestick has a higher low and a lower high than the previous session’s candlestick. This pattern differs from engulfing patterns in that the size difference between the first and second bar’s body can be relatively small.
What Was the Hope Credit? The Hope Credit, or the Hope Scholarship Tax Credit, was a nonrefundable education tax credit offered to eligible American taxpayers. Qualifying students could claim this tax credit for their first two years of postsecondary education. The Hope and other lifetime learning credits were enacted to encourage higher education and provide a measure
What Was HOPE for Homeowners? HOPE for Homeowners refers to a federal aid program designed to help homeowners in financial distress as a result of the collapse of the subprime mortgage market in 2008. Backed by the Federal Housing Administration (FHA), the HOPE for Homeowners Act was one of the steps taken by the U.S.
What Is Horizontal Analysis? Horizontal analysis is used in financial statement analysis to compare historical data, such as ratios, or line items, over a number of accounting periods. Horizontal analysis can either use absolute comparisons or percentage comparisons, where the numbers in each succeeding period are expressed as a percentage of the amount in the
What Is Horizontal Integration? Horizontal integration is the acquisition of a business operating at the same level of the value chain in the same industry—that is, they make or offer similar goods or services. This is in contrast to vertical integration, where firms expand into upstream or downstream activities, which are at different stages of
What Is a Horizontal Line? In technical analysis, a horizontal line is often drawn on a price chart to highlight areas of support or resistance. In geometric analysis, a horizontal line proceeds parallel to the x-axis. Put another way, on a perfectly horizontal line, all values on the line will have the same y-value. Key Takeaways
What Is a Horizontal Market? A horizontal market is diversified so that the products created are able to meet the needs of more than one industry. A horizontal market is one in which the output good or service is widely used and in wide demand, and so the producers bear little risk in demand for
