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What are Inverse ETFs all about?
An Inverse ETF is an inverse exchange traded fund. It is used to create profits when the index declines in value. It will go up in value when the correlating index goes down.
How is Standard and Poors 500 Index's Fair Value calculated?
Since futures contracts on a market index expire only once a month, Fair Value is the Forward Value (at the time of a futures contract expiration) of an index spot price, where compounding takes into account time to expiration and dividends lost due to holding index futures rather than underlying stocks. If Fair Value before the open is lower than the futures contract price, you may expect that a market index will go higher after the opening bell.
What is an absolute value in a number?
It's the number's distance from zero on a number line. Basically just make the number positive and there you go.
What is the earth's gravity in terms of acceleration?
9.8 m/s2 ---------------------- Yes this is the average value of acceleration due to gravity near by the surface of the earth. As we go higher and higher level this g value decreases and becomes almost negligible. Same way as we go deeper and deeper the g value decreases and at the centre of the earth its value becomes zero.
What is coldest thermometer reading -19 or -20?
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