ROC vrs Price Performance

Comments

• markd mod

  April 13 edited April 13

  Rate of change is the absolute change in price over a period of time. So, if you are measuring over 1 month, and price goes from 10 to 11, the ROC is 10%
  
  Price performance is the comparison of the price change to a benchmark, like an index or another symbol.
  If the benchmark went from 100 to 120, it's ROC is 20%.
  
  So the the price performance of the symbol versus it's benchmark is 50%, meaning it did only half as well as its benchmark.

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• lmkwin ✭✭

  April 14

  My understanding is that, on the chart, the Price Performance indicator displays a value that starts at 0% on the left of the chart and progresses across the time period of the chart. The value shown is the performance for the time period of the chart. You can use any symbol or ratio symbol as the parameter
  
  The ROC is a specific period of the parameter that you use for the chart symbol. The value shown is the rate of change/performance of the specific period you choose.
  
  
  
  

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