With the table below as an example, what is the best way to measure relative momentum, comparing EACH DAY TO THE PREVIOUS DAY? Each of the numbers in the table represents the number of stocks up minus the number of stocks down on the New York Stock Exchange each day. I have been doing it thus far by simply measuring percent change and then removing the negative signs. On a related issue, my numbers don't look correct the last two days. For instance, is a move from 7 to -749 really a greater percentage change than from -749 to 1611. The latter seems like a much larger move percentage wise, but according to the excel formula =(a1-a2)/abs(a2), it's not.
8/2: 1611/ 315.09%
8/1: -749/ -10800.00%
7/31: 7/ -99.65%
7/28: 2020/ 541.05%
7/27: -458
2006-08-02
06:30:32
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1 answers
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asked by
Anonymous