Z-Score
2 definitions

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A score that indicates how many standard deviations a value is above or below the mean.

FK Reading Ease
53.1

FK Grade Level
High School
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  • A spread-based measure of whether a bond is rich or cheap; Z-score is calculated by taking the difference between a bond’s current spread and it’s 3-month average spread and then dividing by its 3-month standard deviation.

    FK Reading Ease
    45.7

    FK Grade Level
    Graduate School
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