The Relative Performance Index indicator plots the normalised performance of various financial instruments, including DXY (U.S. Dollar Index ) , US10Y (10-year Treasury Bond) , SP500 (Stock Market Index) , VIX (CBOE Volatility Index) , WTI (Crude Oil) , and XAUUSD (Gold) , in a separate window. The normalisation function scales the data to a range of -100...
Script Features Dynamic Period Choice: The user can adjust the calculation period (period) for relative performance, allowing flexibility according to specific market analysis needs. Sector Selection: The script takes into account different economic sectors through well-known ETFs like QQQ (technology), XLF (financial), XLY (consumer discretionary), XLV...
What Is Financial Ratio Analysis? Financial Ratio Analysis is a quantitative technique used to assess a company's liquidity, operational efficiency, and profitability by examining its financial statements, including the balance sheet, income statement, and cash flow statement. It provides valuable insights into a company's performance over time and allows for...
Growth stock investors are concerned with Earnings per share that is growing, Sales (Revenue) that is growing and Increasing gross margins. This indicator helps view each of these parameters. On the chart is Tesla (TSLA) gross margin (blue line) on a 12 trailing months basis (TTM). As you can see, TSLA's margins appear to be eroding. The user selects one of the...
█ Overview The Optimal Buy Day (Zeiierman) indicator identifies optimal buying days based on historical price data, starting from a user-defined year. It simulates investing a fixed initial capital and making regular monthly contributions. The unique aspect of this indicator involves comparing systematic investment on specific days of the month against a...
This indicator is made in addition to the free |Spinn| All Time High indicator (here's the link: click ). With this Monitor, you can see the status of a large number of coins at once and choose a coin for analysis, while with the second indicator, you can analyze the chart of the selected coin. Definitions For simplification, in the following text, I will...
Overall, the cryptocurrency market moves cyclically upwards. There is a renewal of the All Time High (ATH), followed by a dump, accumulation over several years, and a new renewal of the ATH. In a bullish cryptocurrency market, Bitcoin usually grows before other coins (which makes sense - the crowd invests money first in what is growing), then there is a shift of...
Equity growth may appear less significant when juxtaposed with the expansion of the money supply. This is because markets tend to adjust prices to reflect changes in money supply almost immediately. Our indicator offers a unique perspective by adjusting the current ticker price for the M2 money supply and normalizing this data to show the percentage appreciation...
Keeping an eye on the macroeconomic environment is an essential part of a successful investing and trading strategy. Piecing together and analysing its complex patterns are important to detect probable changing trends. This may seem complicated, or even better left to experts and gurus, but it’s made a whole lot easier by this indicator, the Economic Growth Index...
This Pine Script indicator, "3-Year EMA of Return on Capital Employed (ROCE)," is designed for investors and traders who incorporate both fundamental and technical analysis in their market approach. ROCE is a crucial metric for evaluating the efficiency and profitability of a company's capital employment. Our script enhances this analysis by overlaying a 3-year...
This script shows - FCF Yield Net based on enterprise value. See reference: www.investopedia.com - FCF Yield Diluted: which reduced CFC net by dilution amount. - FCF % change. This should give you a good overview on how well the company is at growing FCF and how efficiently they are creating FCF.
█ OVERVIEW This script implements a rotation system for trading value and growth ETFs, as developed by Markos Katsanos and detailed in the article titled 'Growth Or Value?' in TASC's December 2023 edition of Traders' Tips . The purpose of this script is to demonstrate how short-term momentum can be employed to track market trends and provide clarity on when to...
English IMPORTANT NOTICE This indicator is used to find fair value based on historical data. Past growth data may not be sustainable, which will cause the price targets given by the indicator to be inaccurate. Any price on this indicator cannot be considered as investment advice. Trading decisions are the responsibility of the person using the indicator. ...