Grey Market
Definition of Grey Market
By definition, the grey market is an over-the-counter market because of the lack of regulation and structure.
Underwriters of an IPO gauge market demand for a share by analyzing the grey market premium for it before going public.
Related Terms
India VIX
A higher India VIX means higher volatility whereas India VIX would be lower due periods of low volatility. In fact, there are absolute values that help understand volatility via India VIX.
India VIX typically moves between 15 to 30, which represents a range that is considered “normal” as far as volatility is concerned.
However, India VIX has touched 90 during the 2008 financial crisis and trended near the value once again when the pandemic broke out in 2020.
Comparable Company Analysis
The underlying assumption of CCA or “Comps” is that publicly traded companies from the same sector or industry will have similar metrics that are comparable.
Gold ETF
Gold ETFs combine the lucrative value of gold with the liquidity of stocks. Thus, gold ETFs track the price of gold bullion and are traded on stock exchanges like NSE and BSE.
Contingent Liabilities
Ichimoku Cloud
- TenkanSen: The short-term indicator
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KijunSen: The long-term indicator
- Uptrend: If the price is above the cloud
- Downtrend: If the price is below the cloud
- Neutral: If the price is in the cloud

