Good This Week (GTW)

Search Dictionary

Definition of 'Good This Week (GTW)'

Good This Week (GTW) is a financial term that refers to the performance of a stock over the course of a week. GTW is calculated by taking the closing price of a stock on Friday and subtracting the closing price of the stock on the previous Friday. A positive GTW indicates that the stock has increased in value over the week, while a negative GTW indicates that the stock has decreased in value.

GTW is often used by investors to track the performance of their portfolios. It can also be used to compare the performance of different stocks or sectors.

There are a number of factors that can affect a stock's GTW, including the company's financial performance, economic conditions, and investor sentiment.

GTW is a useful tool for investors, but it should not be used as the sole basis for making investment decisions. It is important to consider other factors, such as the company's long-term prospects, before making an investment decision.

Here are some additional things to keep in mind when using GTW:

* GTW is a backward-looking metric. It does not take into account future expectations for the stock.
* GTW can be affected by short-term events that may not be indicative of the company's long-term prospects.
* GTW can be volatile, especially in the short term.

Overall, GTW is a useful tool for tracking the performance of stocks over time. However, it should be used in conjunction with other factors when making investment decisions.

Do you have a trading or investing definition for our dictionary? Click the Create Definition link to add your own definition. You will earn 150 bonus reputation points for each definition that is accepted.

Is this definition wrong? Let us know by posting to the forum and we will correct it.