Registered User
Joined: 7/5/2009
Posts: 191
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Do these pcfs mean the same thing?
100 * (C1 - C2) / C2 <= 2
.98 * C2 <= C1 AND C1 <= 1.02 * C2
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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No, but they would mean the same thing if the first fomulas had an ABS in it.
100 * ABS(C1 - C2) / C2 <= 2
Or the slightly shorter:
ABS(C1 / C2 - 1) <= .02
-Bruce
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TC2000 Support Articles
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Registered User
Joined: 7/5/2009
Posts: 191
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Thanks Bruce. So does 100 * (C1 - C2) / C2 <= 2 mean that yesterday the stock was up less than or equal to 2% vs the previous day but there is no limit on how much it could have been down vs the previous day?
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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Yes, that is what it means.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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