What is the ABX index?

The ABX Index is an index that represents 20 subprime residential mortgage-backed securities (RMBS). The Index, created by market intelligence firm Markit, is used as a financial benchmark measuring the overall value and performance of the subprime residential mortgage market. The ABX Index tracks a basket of the 20 largest residential MBS.

What is premium research for ABX?

Premium Research for ABX. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. The three scores are based on the trading styles of Growth, Value, and Momentum.

What is a bid and ask price on a stock quote?

The bid and ask prices shown on a stock quote represent the highest bid price and the lowest ask price for the security in question. In this sample case of Microsoft Corp. ( MSFT) above, the highest price that buyers are willing to pay is $46.39. On the other hand, sellers are only willing to sell shares for $46.40.

How do stock quotes work?

Many stock quotes will also show the number of shares that are available for trading at both the bid and the ask price. Stock prices are subsequently determined by changes in supply and demand. As more investors demand to buy shares, the price of the security rises.