Registered User Joined: 2/1/2012 Posts: 14
|
Im seeing some varying % Change when using it under different timeframes. For instance, if you look up AAPL on a daily chart, from 1/2/13 through 6/7/13, it will produce
How is the % Change that appears in the Custom Date Sort dialog box calculated? For a daily time frame it almost makes sense. if you change to a weekly then monthly specifying the same date range, it shows different results:
AAPL Close 1/2/13 - 549.03
APPL Close 6/7/13 - 441.81
Daily Weekly Monthly
-19.53 -16.17 -3.00
Again using the exact same date range. Daily is what I expect, but the weekly and monthly % chg, does not produce the same result, even though the custom date sort box shows the same date range.
I'm wondering how they are calculated?
Here's some screen shots
Daily:
Weekly:
Monthly:
|
Worden Trainer
Joined: 10/7/2004 Posts: 65,138
|
The calculations in any given time frame are done entirely using the bars in that time frame. Date from other time frames is not considered in those calculations.
So on a Daily Time Frame, you are using the closing values for 1/2/2013 and 6/7/2013:
100 * (441.81 / 549.03 - 1) = -19.53%
On a Weekly Time Frame, you are using the closing values for 1/4/2013 and 6/7/2013:
100 * (441.81 / 527.00 - 1) = -16.17%
And on a Monthly Time Frame, you are using the closing values for 1/31/2013 and 6/7/2013:
100 * (441.81 / 455.49 - 1) = -3.00%
-Bruce Personal Criteria Formulas TC2000 Support Articles
|
Registered User Joined: 2/1/2012 Posts: 14
|
Thank you, after watching the "Finding Top Performers with Custom Date Sort" and "Seasonality Analysis with Custom Date Sort". that reducing your timeframe down to a weekly or monthly timeframe to do a > 2 year study could produce skewed results. Could I request that they actually show the correct dates I am selecting in the custom date sort dialog? Also if they could include the number of days between the two dates?
|
Registered User Joined: 2/1/2012 Posts: 14
|
Or allow us to tweak the dates by manually overriding the dates, that way we do not have to flip around in time frames, just give us the % chg for those time periods, and number of days......
|
Worden Trainer
Joined: 10/7/2004 Posts: 65,138
|
Thank you for your suggestion.
-Bruce Personal Criteria Formulas TC2000 Support Articles
|