Jo 3C1 is a type of hedge fund that invests in three different types of assets: commodities, currencies, and credit. This type of fund is designed to provide investors with exposure to a broad range of asset classes, while also hedging against potential downside risk. The “3C1” in the name refers to the three asset classes … Read more
The term “On Balance” refers to the state of the market where there is an equal number of buyers and sellers. This can also be referred to as a “neutral” market. In a market that is on balance, there is no clear direction as the number of buyers and sellers are evenly matched. This can … Read more
Yield on cost (YOC) is a metric used to evaluate the performance of a stock investment. It is calculated by dividing the current annual dividend by the original purchase price of the stock. For example, if a stock was purchased for $50 per share and it currently pays an annual dividend of $2 per share, … Read more
The Nigerian Naira is the official currency of Nigeria. The Naira is subdivided into 100 kobo. The Central Bank of Nigeria is the country’s monetary authority, and issues the Naira. The Naira was introduced on 1 January 1973, replacing the Nigerian Pound at a rate of 2 Naira = 1 Pound. The Naira was decimalized … Read more
