Minus Tick
When the price of asset decreases
A minus tick (also known as a downtick) indicates a fall in price of an asset by 1 unit. This is caused by a trade at a price 1 unit lower than the previous trade. The size of a tick will vary from market to market.
Free Resources
To continue learning and advancing your career, check out these additional helpful WSO resources:
- Retained Earnings
- Fraud Triangle
- Accounts Receivable Turnover Ratio
- Marginal Cost Formula
- Nash Equilibrium
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