This is a trading item or a component that was created using QuantShare by one of our members.
This item can be downloaded and used by QuantShare Trading Software.
Trading items are of different types. There are data downloaders, trading indicators, trading systems, watchlists, composites/indices...
You can use this item and hundreds of others for free by downloading QuantShare.
Top Reasons Why You Should Use QuantShare:
Works with US and international markets (stock, forex, options, futures, ETF...)
Offers you the tools that will help you become a profitable trader
Allows you to implement any trading ideas
Exchange items and ideas with other QuantShare users
Our support team is very responsive and will answer any of your questions
We will implement any features you suggest
Very low price and much more features than the majority of other trading software
For Free - No Credit Card Required
All-Star Traders Outperform/Underperform Picks for US Stocks
In the rating system of the Motley Fool, each member predicts if a stock is going to outperform or underperform the S&P 500 Index in a given timeframe and based on these predictions a score or CAPS rating is given to each stock. The higher the CAPS rating is the more people are bullish toward the stock and the more think that it is going to perform better than the S&P 500 Index.
Not only stocks receive CAPS ratings, members also receive CAPS ratings based on the performance and return of their picks. The percentile rating (between 0 and 100) a member receives indicates the percentage of traders (members of Motley Fool) that this member is outperforming. Traders/Members that have a CAPS rating above 80% are called CAPS all-stars; these members have the highest accuracy in their outperformance/underperformance prediction of stocks again the S&P 500 Index.
The trading object you are going to download will get you the number of picks each US stock is getting from All-Star investors. It also downloads the number of All-Star outperform picks and the number of All-Star underperform picks. Obviously, there is a bullish sentiment regarding a given stock if the number of All-Star traders who think the stock will outperform the S&P 500 is higher than the number of All-Star traders who think the stock will underperform the S&P 500.
The data is downloaded for +5000 stocks and it is always up-to-date. A database with three columns is created by the downloader. The database name is "ascaps" and the fields or columns are: "ascaps", "as_bull", "as_bear".
The "as_bull" contains the number of bullish picks while the "as_bear" column contains the number of bearish picks from All-Star members; that is, the top 20% investors with the highest accuracy in predicting the direction of US Stocks.
Trading financial instruments, including foreign exchange on margin, carries a high level of risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in financial instruments or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.
