non-directional
adjective
(alsonondirectional)uk/ˌnɒn.daɪˈrek.ʃən.əl//ˌnɒn.dɪˈrek.ʃən.əl/us/ˌnɑːn.daɪˈrek.ʃən.əl//ˌnɑːn.dɪˈrek.ʃən.əl/finance & economicsspecialized
Non-directionalinvestmentsaimtoearnthe sameamountofprofitwhether theeconomyisstrongor not:
Non-directionalfundstrytostayindependentofmarketmovements.
Theappealof non-directionalstrategiesisgreaterinperiodswhen there is moreuncertaintyin themarkets.
We areawareof theriskofhedgefundsso we havefocusedon nondirectionalinvestments.
physicsspecialized
Non-directionalsoundorlightwavesareequallystrongin everydirection:
The 3Dspeakersystemleavesthelargelynon-directionaldeepbasssoundsto asinglesub-wooferunit.
Theinnerearislocatedin such a way that it does nottouchmost otherbonesin theskull,thusdiminishingthe nondirectionalsoundwaves.
- Managers have toconsiderequityandcreditselection, together with theimpacton non-directionalstrategies, which, until now, have been thepreserveofhedgefunds.
- Hedgefundstrategiescan beclassifiedasdirectionalor non-directional.
Stock markets
- algo
- anti-city
- anti-dilution
- anti-speculation
- anti-speculative
- bearish
- bond
- bull
- bull market
- flotation
- non-controlling
- non-convertible
- non-cumulative
- non-discretionary
- non-distributable
- payback period
- stockbroker
- stockholder
- strip
- the Big Board