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Relative Price Changes
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TOPIC: Relative Price Changes

Relative Price Changes 3 years, 10 months ago #121

  • MichaelH
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Your screener is great, I like the amount of data-points.

But I have some trouble with the relative (S&P500) price percent change.

How is it calculated? I assumed it is the difference between the stock price-change and the S+P500 price change, but then should be the difference between relative and absolute price changes be the same for all stocks.

Example:
NASD:IIN has a price change (52weeks) of 0.92 and a relative price change of 0,68 -> Difference: 24%
NASD:SUMR has a price change (52weeks) of 0.15 and a relative price change of 0,01 -> Difference: 14%

If these differences are the s+p500 price change, they are inconsistent?!

For other exchanges the differences are even bigger...

Thanks, Michael
Michael

Re: Relative Price Changes 3 years, 9 months ago #150

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The data definition is at screener.co/component/content/article/55...705-text-and-article

This is the percentage change in price over the last [time period] as compared to the change in price of the S&P 500 during that same period.

It is a relative percentage change.
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