quintile
noun
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Definition of quintile
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Examples of quintile in a Sentence
Recent Examples on the Web
The study also doesn’t identify earnings cutoffs or shares of income for the different quintiles. — Jo Craven Mcginty, WSJ, "Earnings in the U.S.: A Game of Chutes and Ladders," 14 June 2019 Companies with plans rated in the top quintile were also 40% to 80% more profitable, on average, when measured by net income per employee. — Anne Tergesen, WSJ, "401(k) Plan Quality Correlates With Company Profits," 17 Sep. 2018 Shares of companies in the second and third quintiles have risen 13% and 12% respectively, this year, beating the 8.7% advance by the largest companies in the index, Strategas data show. — Corrie Driebusch, WSJ, "It’s Not All Tech. Small Stocks Are Powering the Market Higher.," 16 Sep. 2018 Recent wage gains have been fastest for workers in the bottom quintile. — Jason Furman, WSJ, "The Case for Pausing the Interest-Rate Climb," 27 Nov. 2018 The richest quintile — those just below the top 1 percent — had a similar gain of nearly 80 percent. — James Freeman, WSJ, "Prosperity and its Temporary Side Effects," 19 Nov. 2018 Note: Income ranges are rounded and are based on quintiles. — Laura Saunders, WSJ, "Top 20% of Americans Will Pay 87% of Income Tax," 6 Apr. 2018 Ditto for the third quintile, or a family earning no more than $43,000 a year. — The Editorial Board, WSJ, "Tariffs and the Tax Cut," 12 June 2018 Those in the lowest income quintile could lose 49% of their tax gains. — The Editorial Board, WSJ, "Tariffs and the Tax Cut," 12 June 2018These example sentences are selected automatically from various online news sources to reflect current usage of the word 'quintile.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
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More Definitions for quintile
quintile
nounFinancial Definition of quintile
What It Is
A quintile is one of five equal parts.
How It Works
For example, if we were to look at all of the closing prices for Company XYZ stock for every day in the last year, the top 20% of those prices would represent the upper quintile of the data. The bottom 20% of those prices would represent the lower quintile of the data. There would be three quintiles in between the upper and lower quintiles. The average of all the stock prices typically falls right in the middle, between the second and fourth quintiles.
Why It Matters
Quintiles are crucial for studying economic data, income data, stock data, and virtually any other kind of financial information. By breaking things into quintiles, an analyst can make a variety of inferences about the data and how the observed item behaves.
Source: Investing Answers