Stock Performance Indicator
A data-backed way for stock selection. Available for paid Lite, Premium and Professional subscribers.
IMPORTANT: Please read Disclaimer section stated below
With the launch of Version 4, StockHero introduces the Stock Performance Indicator, giving users an immediate visual representation of each stock’s performance within its respective Marketplace strategy. Exact APY values are intentionally omitted, as they are subject to ongoing changes.
The Stock Performance Indicator is displayed in each of the strategy's details page.
Highest APY
Lowest APY
The percentage value besides the symbol represents the weekly volatility. The higher the value, the greater the volatility.
What is a Volatility Index?
A volatility index for a stock is a measure of how much the stock's price fluctuates over time. It does not tell you whether the stock will go up or down. It simply tells you how "wild" or "calm" the price movements are.
Imagine two stocks:
Stock A moves between $90 and $100 every day.
Stock B moves between $80 and $110 every day.
Even if both stocks end the year with the same return, Stock B is much more volatile because its price swings are much larger. The greater the volatility, the greater the chances a trade will occur.
A higher volatility means:
Larger daily price swings
Greater potential gains
Greater potential losses
Potentially more trades
A volatility indicator could help users quickly understand how risky a stock is before deploying a bot.
Disclaimer
Any information provided in this article is not intended to be a substitute for professional advice from a financial advisor, accountant, or attorney. You should always seek the advice of a professional before making any financial decisions. You should evaluate your investment objectives, risk tolerance, and financial situation before making any investment decisions. Please be aware that investing involves risk, and you should always do your own research before making any investment decisions.
Past performance is not indicative of future results. All investments and trading carry the risk of loss, and you should only invest/trade money that you can afford to lose. It is strongly recommended that you seek independent financial advice from a qualified professional before making any investment/trading decisions.
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