| 释义 |
DictionarySeetrendsecular trend
secular trend[′sek·yə·lər ′trend] (statistics) A concept in time series analysis that refers to a movement or trend in a series over very long periods of time. Also known as long-time trend. secular trend
secular trendA long-term trend that develops or progresses over many years. The tendency for girls to begin menstruating at younger and younger ages during the twentieth century is an example. See also: trendsecular trend
Secular MarketA market as defined by its overarching, long-term trends. Generally, a secular market refers to trends over a period of five or more years. A secular market may be bullish or bearish, and, in market analysis, takes precedence over opposite, short-term trends that happen within the secular market. For example, the Great Depression in the United States lasted from 1929 until World War II (certainly a bearish secular market). Even though some years saw significant GDP growth (including 14.2% growth in 1936), this did not prevent the secular market from being bearish. Thus, a secular market describes general trends in the market without regard for anomalous trends in the interim. See also: Cyclical market.secular trend The relatively consistent movement of a variable over a long period. A stock in a secular uptrend is an indicator that the security has experienced an extended period of rising prices.secular trend see SALES FORECASTING. Fig. 175 Secular trend. The movement in the UK's gross domestic product (volume basis), 1994–2003. Source: Office for National Statistics. secular trend a long-term movement, either upwards or downwards, in some economic variable. For example, Fig. 175 shows that the GROSS DOMESTIC PRODUCT (GDP) - in current prices - of the UK has risen steadily in the period since 1994. See also TIME-SERIES ANALYSIS, CYCLICAL FLUCTUATIONS. |