Trading Basics
Book Value
A valuation of something using its net assets on the balance sheet.
A very rough way of valuing an asset because it ignores the intangibles.
Other Trading Basics
Chartist
A market participant or commentator that uses charts to analyse the price of a security.
CAC40
Cotation Assistée en Continu.
The short name for the headline french index which includes 40 companies.
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