The score system is designed to compare the stock strength against the performance of overall market, which is represented by the average strength of stocks in SP500. Two different scores are calculated here, aiming to assist both short term and mid/long term investors.
The intraday score is calculated based on the comparison with SP500 of current trading day. It shows the relative strength of the stock versus overall market in short term. Note that a high intraday score means that it performs better than SP500 although the overall market might be in a downtrend that day.
The daily score is calculated based on the comparison with SP500 in the last three months. Therefore, this SP500 reference indicates an average performance of the market and not sensitive to the performance of a specific day anymore. This score shows the relative strength of the stock versus overall market in mid/long term. A high daily score means that it performs relative better than the market in the last three months.
Both scores are calculated from a group of indicators and scaled from 0-100, where 50 means it is on par with the SP500’s average. Score 0 and 100 represent the lowest and the highest strength, respectively. Within each day, the reliability of the score improves as more market data are collected, i.e., the reliability is relatively low at the beginning of the market.
Please note that all scores are for reference only. We are not aliable for any possible loss caused by using this rating. Consult your financial advisor before making any decision of investment.