I had cooked up a term little while ago for a stock whose price performance does not correlate at all with broader market indices as Quantum Stock™ usually a micro or small cap. While this world does not quite suffer from paucity of acronyms, I thought of contributing some to the field of neologism, just because I can.
Time for definition:
SWeT Effect™ represents a business group dynamic where in due to lack of corporate governance or strong family ties one notices Stealth Wealth Transfer from relatively wealthier entity to less wealthy in its many forms, Preference Shares, Loans, Property Purchase, Outsource part of business etc. Just as heat transfers from hot region to cold, the group companies under same management, sometimes, if not always, experience drainage of wealth. While investors at large would moan and groan, rather than spending energies on things we cannot change, an investor needs to get away from such an organisation diverting its wealth.
SWeT also acts as a homophone of Sweat which repels others individuals (with well tuned olfactory system) from the one experiencing Sweat. In short SWeT or Sweat are both repulsive. However, there is another opportunity available, which is to side with party/cold entity receiving bread crumbs or leftovers. This can offer some speculative profits.
A few examples that come to mind are Indiabulls Real Estate investing in StoreOne, or Navin Fluorine loaning in Mafatlal group companies.