Hi, can you tell me the name of the indicator who tell the difference in values of 2 prices in percentage ? like the stock app for iphone and google when you tape your ticker + stock this is very simple and i like this when i want to analyse a stock but i can't find the name of the indicator so can you help me please ? Thanks you !
It's called a Rate of Return ... Your mind is the best platform ever. Calculate it yourself with approximate but round numbers. Or whats' the %return from 243 to 208 ? Uhhh ... What's 208/243 or 200/250 or 4(50)/5(50) ? It's 4/5 ! A fifth is 0.2 so 4(0.2) = 0.8 Or 20% decrease. Let's check : It's actually a 14% decrease. Not bad for a quick calc. From 400 to 600 is an easy one ... It's a 50% increase ! 4*1.5
This is Rate of Change (ROC). Clculated as ROC = (Current Close - Close N periods ago) / Close N periods ago * 100 very simple , very old and well known technical indicator: http://www.marketvolume.com/technicalanalysis/roc.asp