Small and Medium-sized Enterprises and Trend: Difference between pages

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imported>Doug Williamson
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imported>Doug Williamson
(Expand for bubbles, crashes and rational expectations.)
 
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(SMEs).  
Market conditions under which there is believed to be a greater probability that a subsequent price movement will be in the same direction as the previous period's price movement (rather than in the opposite direction).


Companies whose headcount or turnover falls below certain limits.
Extended trends lead to bubbles and crashes.
 
For example, the European Union takes SMEs as having fewer than 250 employees and either turnover not exceeding €50m or (annual) balance sheet not exceeding €43m. Even within the EU, Member States may use different levels for domestic purposes.
 
 
''Note.''
 
The term uses 'enterprises' and not 'companies'. Of course, it might have used 'firms' or 'businesses' and so on rather than 'enterprises'. The reason is that the overwhelming majority of enterprises are not companies but are unincorporated small businesses.  




== See also ==
== See also ==
* [[Challenger bank]]
* [[Adaptive expectations]]
* [[Company]]
* [[Bubble]]
* [[Financial reporting]]
* [[Correction]]
* [[Micro-multinational]]
* [[Crash]]
* [[Mid-sized companies]]
* [[Efficient market hypothsis]]
* [[Retail]]
* [[Mean reversion]]
* [[Small Business Commissioner]]
* [[Overshooting]]
 
* [[Random walk]]
[[Category:Accounting,_tax_and_regulation]]
* [[Rational expectations]]
[[Category:The_business_context]]
* [[Trend analysis]]
[[Category:Corporate_finance]]
[[Category:Investment]]
[[Category:Long_term_funding]]
[[Category:Compliance_and_audit]]
[[Category:Ethics]]

Revision as of 09:09, 2 May 2018

Market conditions under which there is believed to be a greater probability that a subsequent price movement will be in the same direction as the previous period's price movement (rather than in the opposite direction).

Extended trends lead to bubbles and crashes.


See also