The workout market is an estimate of where trading prices will adjust in the foreseeable future, known as the market maker’s forecast.
The valuation does not guarantee that prices will come true, as external factors still influence the financial condition of the market, but these forecasts are considered a fair estimate.
A market maker can be either an individual or a company that often trades in securities from its own account.
Market characteristics of training are most often found in thin markets, when there are few buyers and sellers in the market.