Definition of 'Senti-Meter'
A market indicator that represents the inverse of a stock's dividend yield, or the ratio of a stock's price to its dividends. It is calculated as:
Price Per Share/Annual Dividends Per Share
A high senti-meter rating indicates positive sentiment toward a stock, since the price of a share exceeds the stock's dividends. It is also a signal that a stock could be overbought. On the other hand, a low rating could signal an oversold stock that investors are generally bearish about.
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