Quartile

What is a 'Quartile'

A quartile is a statistical term describing a division of observations into four defined intervals based upon the values of the data and how they compare to the entire set of observations.

BREAKING DOWN 'Quartile'

Each quartile contains 25% of the total observations. Generally, the data is ordered from smallest to largest with those observations falling below 25% of all the data analyzed allocated within the 1st quartile, observations falling between 25.1% and 50% and allocated in the 2nd quartile, then the observations falling between 51% and 75% allocated in the 3rd quartile, and finally the remaining observations allocated in the 4th quartile.

Try not to confuse a quarter with a quartile.

RELATED TERMS
  1. Objective Probability

    The probability that an event will occur based an analysis in ...
  2. Quintiles

    A statistical value of a data set that represents 20% of a given ...
  3. Semideviation

    A measure of dispersion for the values of a data set falling ...
  4. Absolute Frequency

    A statistical term describing the total number of trials or observations ...
  5. Level 2 Assets

    Assets that do not have regular market pricing, but whose fair ...
  6. Semivariance

    A measure of the dispersion of all observations that fall below ...
Related Articles
  1. ETFs & Mutual Funds

    Vanguard vs. Active Managers – A Performance Review

    Is Going Active in U.S. Large Caps Worth It?
  2. Investing

    Why These Stocks Are All Beating The Market

    It's been a tough year for investors. The S&P 500 tanked more than 11% by the middle of February on crashing oil prices, concerns over China and Europe's health, and a "hawkish" Federal Reserve ...
  3. ETFs & Mutual Funds

    Picking Mutual Funds: What Matters Most

    Don't focus too much on a mutual fund's recent returns. To pick a winner, look at how well it is poised for future success, not how it did in the past.
  4. ETFs & Mutual Funds

    Are the Best-Performing Funds Always Your Best Bet?

    Consistently being the best performer is hard.
  5. Trading

    Volatility's Impact On Market Returns

    Find out how to adjust your portfolio when the market fluctuates to increase your potential return.
  6. Financial Advisor

    Does Loyalty to a Single Fund Family Make Sense?

    Does loyalty to a single fund family make sense? Here are some things to think about when it comes to dealing with just one fund provider.
  7. Markets

    What Are the Federal Reserve's Bank Holidays?

    Obtain a complete rundown of the federal holidays that are observed by the Federal Reserve Bank and learn how they affect the financial markets overall.
  8. ETFs & Mutual Funds

    Make Sure You Avoid Adding These Mutual Funds to Your 401(k)

    Find out which five types of mutual funds you should avoid in your 401(k), including why buying this year's hottest fund is likely a losing bet.
  9. ETFs & Mutual Funds

    Asset Allocation Models: Comparing 3 Traditional Strategies

    Learn about the three most common asset allocation models: conservative, moderate and aggressive.
  10. Retirement

    Active vs. Passive Investing for Retirees

    For most investors, sticking with a passive strategy for retirement investing will probably result in the best long-term returns. But not always.
RELATED FAQS
  1. Deciles, percentiles, quintiles and quartiles divide a distribution into how many ...

    The correct answer is c. Deciles, percentiles, quintiles and quartiles divide a distribution into tenths, hundredths, fifths ... Read Answer >>
  2. You observe the following exchange rates in the following markets ...

    Free info on financial certification exams including study guides, exam questions, and much more! Read Answer >>
  3. What does it mean if a bond has a zero coupon rate?

    Learn what the average range for the price to earnings (P/E) ratio in the electronics sector is and which factors influence ... Read Answer >>
  4. I heard that if the price of oil is low that means the stock market is not doing ...

  5. How can I use asset allocation to properly diversify my portfolio?

    Understand how asset allocation works, and learn how you can use asset allocation to diversify your investment portfolio ... Read Answer >>
  6. What signs show that an investor is successful after a year of being in the field?

    I know an obvious answer would be, "Someone making a lot of money is probably a successful investor." I'm talking about sho... Read Answer >>
Hot Definitions
  1. Quantitative Trading

    Trading strategies based on quantitative analysis which rely on mathematical computations and number crunching to identify ...
  2. Bond Ladder

    A portfolio of fixed-income securities in which each security has a significantly different maturity date. The purpose of ...
  3. Duration

    A measure of the sensitivity of the price (the value of principal) of a fixed-income investment to a change in interest rates. ...
  4. Dove

    An economic policy advisor who promotes monetary policies that involve the maintenance of low interest rates, believing that ...
  5. Cyclical Stock

    An equity security whose price is affected by ups and downs in the overall economy. Cyclical stocks typically relate to companies ...
  6. Front Running

    The unethical practice of a broker trading an equity based on information from the analyst department before his or her clients ...
Trading Center