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akiss1
Posted : Saturday, November 5, 2005 7:30:41 PM
Registered User
Joined: 10/21/2005
Posts: 9
When creating an EasyScan, and using volatility as a condition, how is the ranking valued? Is 99 the least volatile? Is 1 the most Volatile? Sorry but I am new to the software. Thanks for any response.
Doug_H
Posted : Saturday, November 5, 2005 7:49:00 PM


Worden Trainer

Joined: 10/1/2004
Posts: 4,308
A percentile ranking of 99 means that the stock is more volatile than 99% of the rest of the market.

99 = high relative volatility
1 = low relative volatility

- Doug
Teaching Online!
akiss1
Posted : Saturday, November 5, 2005 8:02:35 PM
Registered User
Joined: 10/21/2005
Posts: 9
Thanks Doug.

I guess the question then is; Is 99 always the worst ranking and 1 always the best irregardless of the condtion?

Thanks

Andy
Craig_S
Posted : Saturday, November 5, 2005 8:24:41 PM


Worden Trainer

Joined: 10/1/2004
Posts: 18,819
It is percentile ranking....

For volatility:

A rank of 99 means the stock is in the 99 percentile or, in other words, it has a higher volatility than 99% of the other stocks.

A rank of 50 means the stock is in the 50 percentile or, in other words, it has a higher volatility than 50% of the other stocks.

A rank of 2 means the stock is in the 2 percentile or, in other words, it has a higher volatility than 2% of the other stocks.

Works the same for Price Per Share

A rank of 99 means the stock is in the 99 percentile or, in other words, it has a higher Price Per Share than 99% of the other stocks.

A rank of 50 means the stock is in the 50 percentile or, in other words, it has a higher Price Per Share than 50% of the other stocks.

A rank of 2 means the stock is in the 2 percentile or, in other words, it has a higher Price Per Share than 2% of the other stocks.

Does that help?


- Craig
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akiss1
Posted : Saturday, November 5, 2005 8:47:56 PM
Registered User
Joined: 10/21/2005
Posts: 9
It does help...thanks a bunch.

I'm finding that simple scans are producing my best results.
Craig_S
Posted : Sunday, November 6, 2005 6:54:01 PM


Worden Trainer

Joined: 10/1/2004
Posts: 18,819
I am a HUGE fan of keeping things clean and simple.

- Craig
Here to Help!
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