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extreme spread

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extreme spread [ek¦strēm ′spred]
(ordnance)
In a firing accuracy test, the distance between the two shots farthest from each other.


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A study by two university professors suggests that the average of the midpoints of all bookings spreads is a better predictor of what the make-up will be than the midpoint of the most extreme spread.
That said, it is clear that the continued lack of any market valuations based on cash trades continues, and the extreme spread widening we and others are forced to rely on for valuation in the credit derivative market means we are likely to have another MTM in the first quarter.
The extreme spread over 10 shots was only 40 fps, with a standard deviation of 17 fps.
 
 
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