Worst Performance definition

Worst Performance means the worst performance of the relevant Basket Components as determined by the Calculation Agent, with the performance of each Basket Component being calculated by division of the corresponding Final Fixing Level by the corresponding Initial Fixing Level.
Worst Performance means Final Reference Price divided by Initial Reference Price in respect of the Reference Item(k) for which such ratio is lowest
Worst Performance means, in respect of a ST Valuation Date, the Performance for the Reference Item(s) with the lowest or equal lowest Performance for any Reference Item in the Basket in respect of such ST Valuation Date.

More Definitions of Worst Performance

Worst Performance means the value as determined by the Calculation Agent in accordance with the following formula:
Worst Performance means the Index Return in respect of the Worst Performing Index.
Worst Performance means the lowest percentage value of the Underlying Performance for each Underlying observed on the Determination Date;
Worst Performance means Final Reference Price divided by Initial Reference Price in respect of the security, among those described in provision 36, for which such ratio is lowest