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Best Performing VS Worst Performing Stocks

by The trader, 3987 days ago
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The best performing versus worst performing stocks is a composite I have created while trying to find whether the number of stocks with very high increase is higher or not that the number of stocks with very high decrease.

This market indicator calculates the number of stocks whose daily return was higher than 5% and subtracts this number by the number of stocks whose daily return was lower than -5% (minus).

A value of 4 indicates that there are four more stocks that increased more than 5% than stocks that decreased more than -5%.

Note that only stocks that belong to the S&P 500 index are used by this "Best performing vs. worst performing" composite.
You can update the composite and choose which stocks to use in the calculation. You can also update the "5" threshold by changing the composite formula.


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Type: Composite Index

Object ID: 1295


Country:
All

Market: Stock Market

Style:
Technical Analysis

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