External Relative Strength Analyzer (ERSA)


     Calculates External Relative Strength, a measure of how a security has performed versus all other securities.  This is superior to comparing a security to an index since most indexes are weighted by market cap or price.  Also, this is the approach advocated by a leading investment newspaper.

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Allows the user to specify the number of periods in the calculation, and to break the calculation into four pieces and assign different weights for each piece.

The add-on also comes with explorations to report on the External Relative Strength of all your stocks, to find stocks that have made large jumps (or falls) in relative strength, and to test the performance of each decile of possible values (0-9, 10-19, 20-29, etc) over the past six months.

See more screen shots, or the help file.

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This product is not a recommendation to buy or sell, but rather a guideline to interpreting the specified analysis methods. This information should only be used by investors who are aware of the risks inherent in securities trading. JD Investment Management, L.L.C. and/or  Wall Street Software(tm) accepts no liability whatsoever for any loss arising from any use of this product or its contents.

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