| Overview
The ratio's are
the average 20 day price compared to the last reported close.
The
price average used in these ratio's are calculated using
simple moving averages. The last point in the simple moving
average is then stored as the average price over (5,20,50,100)
days. The current close is then used for comparing against
this average.
If
a trader is looking for stocks that are trading 50% higher
than their (5,20,50,100) day average. The ratio would 1.5.
For stocks over 100% of their averages, use the ratio 2.
Example
ratio's:
| Growth |
Ratio |
| ( - 50 % ) |
0.5 |
| 0 % |
1 |
| 50 % |
1.5 |
Ratio's use approximations
as well ( 99.5% accuracy range), so if you were looking
for stocks with a ratio of 1, you will be returned all stocks
with closes in 99.5 % of their average.
NOTE: The ratio's use the average 20 day price, NOT the
price 20 days ago. |