Username: Peter Rating: Asked to: Dara Madee Date Created: 08 Sep 2017 |
|
Category | 25 |
Tag | Financial |
Question | Please give the definition of 'Ulcer Index - UI'. |
Hello Peter, A technical indicator that measures downside risk, in terms of both depth and duration of price declines. The Ulcer Index (UI) increases in value as the price moves farther away from a recent high, and falls as the price rises to new highs. The indicator is usually calculated over 14 days, with the UI showing the percentage drawdown a trader can expect from the high over that period. The greater the value of the UI, the longer it takes for a stock to get back to the former high. The indicator is calculated in three steps: 1. Percentage Drawdown = [(Close - 14-period High Close)/14-period High Close] x 100 2. Squared Average = (14-period Sum of Percentage Drawdown Squared)/14 3. Ulcer Index = Square Root of Squared Average |
Hi PrettyWoman, The job market is the market in which employers search for
Read moreHello Fluffy, A harami cross is a Japanese candlestick pattern that consists
Read moreHi Maria, A caplet is a kind of call option based on interest rates. The
Read moreHello ForexGuy, A false market occurs when prices are manipulated and impacted
Read moreHello LuckyWoman, The yearly probability of living is determined by consulting
Read moreHi LuckyWoman, Front running is the unethical practice of a broker trading an
Read moreHello Lucky Woman, A chart that displays the high, low, opening and closing
Read moreHello ForexGuy, C-note is a slang term for a $100 banknote in American
Read moreHello Andrew, A simple moving average (SMA) is an arithmetic moving average
Read moreHi Fluffy, The price level which, historically, a stock has had difficulty
Read moreHi PrettyWoman, The job market is the market in which employers search for
Read moreHello Fluffy, A harami cross is a Japanese candlestick pattern that consists
Read moreHi Maria, A caplet is a kind of call option based on interest rates. The
Read moreHello ForexGuy, A false market occurs when prices are manipulated and impacted
Read moreHello LuckyWoman, The yearly probability of living is determined by consulting
Read more