The Omega Ratio is a risk-return performance measure of an investment asset, portfolio, or strategy. It is defined as the probability-weighted ratio, of gains versus losses for some threshold return target . The ratio is an alternative for the widely used Sharpe ratio and is based on information the Sharpe ratio discards.
As we have mentioned...
I was tired of not having something to compare the real economic strength of a country (US only for now...) to it's companies valuations.
So I made my own! Trading view does not have the wilshire indice, but it has the Rus 3000, good enough, & the US GDP since 1946 so this is what I am using.
Warren Buffet is famous for liking this so now the idea has its name....
This indicator plot basic key financial data to imitate the presentation format of several popular finance site, make it easier for a quick glance of overall company financial health without switching tabs for every single stocks.
█ Financial Data Available:
- Revenue & PAT (Profit after Tax)
- Net Profit...
This is a indicator based on the MACD and the distance between the current price and the Exponential moving Average .
The signal gets triggered if the current MACD (with default settings) is under 0 and the Distance from the Ema gets smaller if under ema or gets bigger if over ema . In edition you can set a max distance from the ema .
Test of dynamic channels and some statistics made by hand.
This indicator was done specifically for the S&P500 index.
As you can see, below the 125 EMA there's a lot more volatility than in the upside. I've made some kind of a dynamic linear regression of the lows and the highs.
I've chosen the MA that best fits the SPX, and then calculated in Excel the...
This is really, really, really basic.
Its just 10 ROIs - Return On Investment- plots for the following periods:
It is meant for 1 day bars. Of course it will work anywhere and you can change the settings to fit your purposes but I thought these were the most useful periods.
The RSI is a technical indicator generally used with the general setting being 14 days, and often shorter.
The accepted view is that a level of 70 indicates overbought conditions, and 30 indicates oversold conditions.
A short RSI setting will give signals quite often, and they might sometimes contradict each other.
As a individual investor, perhaps with a...