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Registered User
Joined: 10/21/2005
Posts: 9
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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. 
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Worden Trainer
Joined: 10/1/2004
Posts: 4,308
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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!
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Registered User
Joined: 10/21/2005
Posts: 9
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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
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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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
Here to Help!
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Registered User
Joined: 10/21/2005
Posts: 9
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It does help...thanks a bunch.
I'm finding that simple scans are producing my best results. 
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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I am a HUGE fan of keeping things clean and simple.
- Craig
Here to Help!
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