Registered User
Joined: 12/31/2004
Posts: 36
|
I am trying to develop a means of tracking the relative ranking of the Morningstar industries and sub industries over time. This will be similar to what IBD does.
As an example: 3-months ago “auto parts” may have been ranked 70 out of 239 Morningstar industries and sub industries, 2-months ago, the ranking may have changed to 40 and one month ago the ranking changed to 10. Ranking can be based on price trend versus the market.
However, I am unable to get the 30-day or 5-day price trend versus the market to work when the Morningstar industry groups are the watchlist.
Please let me know if this can be done and if the time periods for “price trend versus the market” can be adjusted.
Thanks
|
Worden Trainer
Joined: 10/7/2004
Posts: 65,138
|
There is no way for a user to create an automated formula for a different period for Price Trend vs Market or to calculate for any symbols for which it is not already calculated.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
|
Administration
Joined: 9/30/2004
Posts: 9,187
|
Those values are calculated by Morningstar so we do not have them for our industry group averages.
|
Registered User
Joined: 12/31/2004
Posts: 36
|
thank you very much
|
Worden Trainer
Joined: 10/7/2004
Posts: 65,138
|
You're welcome.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
|