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Registered User
Joined: 3/22/2005
Posts: 7
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Hi, I am trying to put together a scan that will find say the 20 most volatile stocks, and haven't been able to figure it out.
Any suggestions? Thanks.
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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20 out of what group?
How do you want to measure volatility and over what time frame?
- Craig
Here to Help!
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Registered User
Joined: 3/22/2005
Posts: 7
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QUOTE (Craig_S) 20 out of what group?
How do you want to measure volatility and over what time frame?
I think volatility over a 6 month period. I am unaware of different measures of volatility, would welcome any reference you may have on that. Thanks.
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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Give me a sense of what you think makes a stock "volatile". I can try to move from there.
- Craig
Here to Help!
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Registered User
Joined: 3/22/2005
Posts: 7
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QUOTE (Craig_S) Give me a sense of what you think makes a stock "volatile". I can try to move from there.
I would imagine a stock that moves on average 5 percent a day vs stocks that move 1 percent a day. Stocks that would generate larger than average option premiums.
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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Great! Let's try ranking your stocks by their average absolute daily percent changes.
Create this PCF:
Avg Percent Change 2-weeks
100*((ABS(C-C1)/C1)+
(ABS(C1-C2)/C2)+
(ABS(C2-C3)/C3)+
(ABS(C3-C4)/C4)+
(ABS(C4-C5)/C5)+
(ABS(C5-C6)/C6)+
(ABS(C6-C7)/C7)+
(ABS(C7-C8)/C8)+
(ABS(C8-C9)/C9)+
(ABS(C9-C10)/C10))/10
Once created and calculated sort any of your WatchLists by it and let me know what you think.
Here are two videos to review: How to create a Personal Criteria Forumula (PCF)
Create your own stock rankings using WatchLists and Sort conditions
- Craig
Here to Help!
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