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Every financial term Firal puts in front of you, in one line each. No jargon defined with more jargon.
Accumulating funds reinvest dividends for you; distributing funds pay them out as cash.
Any crypto that isn't Bitcoin — generally younger, thinner and more volatile.
On Firal, alts other than ETH carry a risk floor of 6.
A figure scaled to a full year so different periods can be compared like for like.
Everything the company owns — cash, inventory, buildings, patents, goodwill.
A snapshot of what a company owns, owes and has left over: assets = liabilities + equity.
The first currency in a pair — the one being priced. In EUR/USD the base is the euro.
The yardstick you compare a return against — usually a relevant index.
The gap between the best buying price and the best selling price — a cost you pay on every trade.
A tradable loan: the issuer pays you interest on a schedule and repays the face value at maturity.
Bondholders sit ahead of shareholders if the issuer goes under — safer, with a capped upside.
Assets minus liabilities — the accounting value of the owners' stake.
Slang for net income — the last line of the income statement.
Bull means sustained rising prices, bear means a sustained fall — conventionally 20% or more off the peak.
A company buying its own shares, shrinking the count so each remaining share owns more.
Money spent on long-lived things — factories, equipment, servers.
Profit from selling something for more than you paid.
The statement tracking money genuinely entering and leaving, as opposed to accounting profit.
Trading in and out frequently — a reliable way to pay more costs and underperform.
A physical good traded at scale — gold, oil, copper, wheat. No earnings, no dividend.
Returns earning returns — unremarkable for years, then responsible for almost everything.
A few positions dominating your outcome.
On Firal it adds +1 to the risk score when one name is ≥40% or the top three reach 50%. Funds and bonds are exempt.
How strongly someone backs their own thesis — low, medium or high, stated up front.
A broad, boring core doing most of the work, plus small positions for your convictions.
A fall of roughly 10% from a recent peak — smaller and more routine than a bear market.
How closely two assets move in step. High correlation means they fall together too.
Ten tech stocks is not diversification — count what your holdings have in common, not how many there are.
An agency's grade for how likely a borrower is to keep paying — investment grade at the top, high yield ("junk") below.
A digital asset on a blockchain, with no company, earnings or balance sheet underneath it.
Two currencies quoted against each other, e.g. EUR/USD — the price of one in terms of the other.
The chance that exchange-rate moves change your return on anything priced in another currency.
A foreign holding can rise in its home market and still lose you money after conversion.
Short-term assets divided by short-term liabilities — can it pay the bills due this year?
Total debt divided by shareholders' equity — borrowed money against owners' money.
Spreading the cost of an asset across the years it's used — real cost, no cash leaving that year.
New shares being issued, so each existing share owns a smaller slice.
Spreading money across things that don't move together, so no single event decides your year.
Called the only free lunch in finance — it lowers risk without a matching cut to expected return.
A share of profits paid out to holders, usually quarterly or yearly.
Annual dividend divided by the share price, as a percentage.
An unusually high yield is often the market pricing in a cut rather than a gift.
Investing a fixed amount on a fixed schedule, so you buy more when prices are low and less when they're high.
The fall from a peak to the low that follows — the number that actually tests your nerve.
Down 50% needs +100% just to return to even. Losses punch above their weight.
How sensitive a bond's price is to interest-rate changes — roughly, how many years of payments you're waiting on.
Longer duration means bigger price swings for the same move in rates.
The weeks each quarter when listed companies report results — the busiest stretch for surprises.
Earnings before interest and tax — profit from running the business, before financing and the taxman.
Earnings before interest, taxes, depreciation and amortisation — a rough proxy for operating cash generation.
Flatters companies with heavy debt or expensive equipment, because it excludes exactly those costs.
Market cap plus net debt — what it would cost to buy the whole business, debt included.
Net income divided by shares outstanding — the profit landing under each slice.
Ownership. For a company's balance sheet it's what's left for owners after every liability; for you it's the shares you hold.
A fund holding a basket of assets that trades on an exchange like an ordinary share.
Enterprise value divided by EBITDA — compares companies fairly even when they carry very different debt.
Same idea as the TER — the fund's annual running cost as a percentage of assets.
The amount a bond repays at maturity, and the base its coupon is calculated on.
The platform's fear & greed gauge, built from market and community signals with its inputs shown openly.
Operating cash flow minus capex — what's genuinely left to pay dividends, cut debt or buy back shares.
Healthy reported profits alongside persistently negative FCF is one of the oldest warning signs there is.
The market where currencies are traded against one another.
The premium paid above fair value in an acquisition, parked on the balance sheet as an asset.
Written down when the acquisition disappoints — a common source of ugly surprise charges.
Gross profit as a percentage of revenue — how much survives the cost of production.
Revenue minus the direct cost of making the product.
A company's own forecast for coming quarters. Often moves the price more than the results themselves.
A fund share class that strips out currency moves, at a small ongoing cost.
The statement running from revenue down to net income over a period.
A measured basket of assets used as a benchmark — the S&P 500, the EURO STOXX 50.
A fund that mechanically holds whatever is in an index instead of paying someone to pick.
Operating profit divided by the interest bill — how comfortably profits cover the payments.
Near 1 means every unit of profit goes to the lender. That's the number that ends companies.
The price of borrowing money — set at the base level by central banks, and felt by every other asset.
When rates rise, existing bonds fall in price and future company profits get discounted harder.
Using borrowed money — it magnifies gains and losses alike.
Everything the company owes — debt, unpaid bills, future obligations.
How easily something can be bought or sold without moving its price.
Share price × shares outstanding — what the market says the whole company is worth.
Large caps are the household names; small caps swing harder and trade thinner.
A coin whose value rests entirely on attention and community rather than any underlying use.
Always risk 7 on Firal — a calm chart says nothing about the odds of going to zero.
The assets held by the most members of a group — counts only, never who holds what.
Any "price per unit of something" ratio used to value a company.
Only meaningful in comparison — against the company's own history, or direct competitors.
Debt minus cash, divided by EBITDA — roughly how many years of operating profit it would take to clear the debt.
What counts as heavy is sector-dependent: utilities carry debt comfortably, software companies rarely need to.
What's left after every cost, interest and tax — the profit belonging to shareholders.
Net income as a percentage of revenue — what survives absolutely everything.
Cash generated by the actual business, before investment and financing.
Operating profit as a percentage of revenue — how much survives running the company.
Everything posted here is one person's view, never a personalised recommendation.
Firal is read-only and social: no trading, no money movement, no advice.
Share price divided by book value per share — mostly used for banks and asset-heavy businesses.
Share price divided by earnings per share — roughly how many years of today's earnings you're paying for.
High isn't automatically expensive (growth expected) and low isn't automatically cheap (trouble expected).
Price divided by revenue per share — the fallback multiple for companies with no earnings yet.
Dividends as a percentage of earnings — whether the payout is actually covered.
Consistently above 100% means paying out more than the company earns.
How much of your portfolio sits in one holding — usually it matters more than the pick itself.
A level you want to be told about — set above or below the current price on any watchlist item.
The ability to raise prices without losing customers — it shows up as fat, stable margins.
Public, Friends and Groups — you choose what each ring sees, and the database enforces it.
Euro amounts are locked off for Public and Friends entirely; inside a group they're per-user opt-in.
Realised gains are locked in by selling; unrealised ones exist only on screen and can still evaporate.
Everything the company sold, before any costs.
A minimum score an asset can't drop below however calm it looks: BTC/ETH 5, other alts 6, memecoins 7.
Volatility measures wobble, not the chance of going to zero. Floors cover what the maths can't see.
Firal's SRI-style score: volatility banded 1–7, plus a concentration bump and crypto floors.
A measurement, never a verdict — and never advice about what you personally should hold.
The slice of the economy a company belongs to — technology, healthcare, energy.
Companies in one sector tend to move together, which is why sector spread matters.
Figures a user entered by hand. Always labelled, never mixed in with verified numbers unmarked.
Betting on a fall by selling borrowed shares and buying them back later.
Firal is read-only and social — nothing here executes trades of any kind.
Whether a company can meet its long-term obligations and stay alive.
The EU's 1–7 risk indicator for funds (PRIIPs SRI, formerly UCITS SRRI) — the scale Firal borrows.
Firal applies the idea to a whole mixed portfolio, so it isn't a regulatory SRI, which only covers single products.
A measure of how far values typically sit from the average — the maths under volatility.
The yearly percentage a fund deducts from your holding to run itself.
Charged quietly and automatically, so it compounds against you whether the fund is up or down.
A posted call with its reasoning, a return target and a timeline — so it can be graded later.
The short code identifying an asset on an exchange — ASML, NVDA, BTC.
Slang for revenue — it sits at the top of the income statement.
Price change plus dividends — the honest measure of what a holding actually gave you.
Firal's comparison charts use total return, so dividend payers aren't unfairly flattened.
Someone's past calls with how they actually turned out — the receipts, including the misses.
How far a tracker's return drifts from the index it's meant to follow, after costs.
Numbers read straight from a connected brokerage or exchange, read-only — they can't be typed in.
How much a price swings around, in either direction — the standard deviation of returns.
Size of the swings, not their direction. High volatility means big moves up as well as down.
Assets you're tracking without owning, with optional alerts on a percentage move or a price level.
The income an asset pays, as a percentage of what you paid for it.
The total annualised return from holding a bond to the end, counting coupons and any gap between price and face value.
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