|
Performance
Description
The Performance indicator displays a security's price performance as
a percentage. This is sometimes called a "normalized" chart.
Interpretation
The numeric value of the Performance indicator is the
percentage that the security has changed since the first period
loaded. For example, a value of 10 would mean that the security's
price has increased 10% since the first period loaded on the left
side of the chart. Similarly, a value of -10% would mean that the
security's price has fallen by 10% since the first period.
MetaStock Tip
The Performance indicator calculates the percent that prices
have changed since the first day loaded in the chart. Therefore, if
you want to calculate a security's performance from a specific date
(e.g., the day you bought it), you should first use the X-Axis
Properties dialog to change the first date loaded.
|