Glossary

evergreen guide latest session 2026-11-12

Plain meanings for the terms this site uses. Names and meanings, not thresholds: a definition never states a selection rule.

AUM: Assets under management: the total dollar value of everything invested in the fund.
Fee: The fund’s annual management fee, in percent per year.
Total return: The change in value including distributions paid out, not just the price change.
Worst drop: The largest fall from a peak over the last year.
Traded per day: The average dollars traded per day over the last 20 days.
Price return: The change in price alone, excluding distributions.
Daily-reset: A fund that resets its leverage every day, so its return over more than one day is not the daily multiple times the number of days.
Target-maturity: A fund built to mature in a stated year, holding bonds that mature around then.
HISA: High-interest savings account: an account that pays interest on cash deposits.
T-bill: Treasury bill: a short-term government debt security.
RESP: Registered Education Savings Plan: a Canadian registered account for education savings.
Reward:risk: The gain at an exit divided by the loss at the stop, for the same position size.
Time exit: A plan closed by the time limit rather than by an exit or the stop; counted as a win or a loss by the sign of its return.
Tier: One of the three exit levels on a plan, each selling a stated share of the position.
Officer buy: An officer bought recently.
Cluster: Two or more insiders buying together.
Float: The shares available to the public, excluding locked-in holdings.
Market value: Share price times shares outstanding: what the whole company is worth at that price.
P/E: Price divided by trailing earnings per share.
Easy comps: Easy year-ago comparisons: the period being compared against was weak.
Uneven earnings: Earnings that jump around from period to period instead of growing steadily. Also called lumpy earnings.
Magic line: A price level the stock is holding above.
R:R: Reward:risk: the gain at an exit divided by the loss at the stop.
EPS and revenue acceleration: Earnings per share and revenue growing faster than before.
Margins up: Expanding margins: the share of sales left after costs is growing.
OCF: Operating cash flow: cash generated by the business, before investing and financing.
Base breakout: Breaking out of a base: the price moving above a level it had stayed under.
Volume 5x+: Volume confirmation: trading volume at least five times its usual level.
45° angle: A steady advance, not parabolic yet.
Gap retest: A gap-up retest that held: the price came back to the gap and held above it.
Market cap: Share price times shares outstanding: what the whole company is worth at that price.
52-week range: The lowest and highest price over the past year.
Last close: The most recent closing price in the data.
P/B: Price divided by book value per share.
P/S: Price divided by sales per share over the past year.
EV/EBITDA: Enterprise value divided by earnings before interest, tax, depreciation and amortisation.
Earnings yield: Earnings per share divided by price.
Dividend yield: The dividends paid per share over the past year, divided by the price.
Payout ratio: The share of earnings paid out as dividends.
Volatility: How much a price moves up and down over a year, stated as an annual rate.
Maximum drawdown: The largest fall from a peak to a later low over the past year.
Beta: How much a stock has tended to move when the wider market moves: above 1 means it has tended to move more than the market, below 1 less.
Average daily volume: The average number of shares traded per day over the past 3 months.
Dollar volume: The average value of shares traded per day over the past 3 months: price times shares traded.
Liquidity: How easily shares can be bought or sold. This site labels it High, Moderate or Low from average daily dollar volume.
Free cash flow: Cash left after the spending needed to keep the business running.
Gross margin: The share of sales left after the direct cost of what was sold.
Operating margin: The share of sales left after the costs of running the business.
Net income: Profit after all costs, interest and tax.
Revenue: Money taken in from sales, before costs.
Shares outstanding: All the shares a company has issued.
Debt-to-equity: Total debt divided by shareholders’ equity: how much the company owes for each dollar its owners put in.
Insider buy: An insider bought shares.
Insider sell: An insider sold shares.
Dilution: Shares outstanding growing, so each existing share is a smaller slice of the company.
Percentile: Where a value sits among its peers: the 72nd percentile sits above 72% of them.
Split: One share becomes several, and the price falls by the same factor, so the value of a holding does not change.
Consolidation: Several shares become one, and the price rises by the same factor, so the value of a holding does not change.
Ex-dividend date: The first day a buyer of the share no longer gets the next dividend.
Earnings date: The day a company reports its results for a period.
TTM: Trailing twelve months: the last four reported quarters added together.
Superstock: The Insider Buy Superstock screen: a daily list of TSX and TSXV stocks where company officers or directors bought shares in the last 90 days, checked against 15 rules. The table shows which pass.
Superstock score: The Insider Buy Superstock screen’s score for the stock, as published on the Superstock page.
First exit: The first exit level on a plan: the price where the first part of the position is sold.
First exit only: The track-record view that credits the whole position at the first exit (tier 1).
Full ladder: The track-record view that sells 40/30/20% at tiers 1/2/3 and holds the last 10% to the stop, the time limit, or the end of the hold.
Stop: The level where a plan closes if the price moves against it.
Archive: One row per session, newest first. The counts are not additive across rows: the same ticker can appear on several sessions, so each row is that session’s own entry set.
Glide path: As the goal year gets closer, a target-year model moves to a mix with less in stocks and more in bonds.
Income share: The part of a fund’s total return that came from payouts, not from price change.
Entry: The price a plan starts at.
Sector: A broad group of companies in the same kind of business, such as Energy or Financial Services.
Industry: A narrower group inside a sector, such as oil producers inside Energy.
Exchange: The market where the shares trade: TSX for larger companies, TSXV for smaller ones.
S&P/TSX Composite: The main index of the Toronto Stock Exchange, tracking its large listed companies.
Strike: The price at which a call option can be exercised.
Expiry: The last trading day of an option contract.
Premium: The price of one unit of an option; one contract costs the premium times 100.
Delta: How much an option moves for each $1 move in the underlying.
Time decay: The loss in an option’s value as expiry gets closer, when the underlying price does not move.
Assignment: When a call that was sold is exercised, so the seller must sell the units at the strike.
Covered call: A call sold against units already owned, so the sale is covered by the units.

Terms in context: entry plans · track record · Superstock screen · FAQ.