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Reference

Glossary

The language of markets, defined plainly — the terms our coverage uses and what they actually mean.

V

Valuation
An estimate of what an asset is worth, whether from multiples such as P/E, from discounted future cash flows, or from comparison with similar assets.
Volatility
How much a price moves around over time, usually measured as the standard deviation of returns. High volatility means larger swings in both directions, not a direction of travel.
Volume
The quantity of an asset traded over a period, usually a day. It measures participation, not direction: a large move on thin volume reflects fewer participants than the same move on heavy volume.