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Percent Turn Over Change

Written by Administrator Tuesday, 01 August 2006 10:00
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The % Turn Over Change scan searches for securities that have increased or decreased turn over by a user-defined percentage value, over a specified time period.

Properties

Depending what date is selected at the Date Range option in the Scanning Manager main window, this scan would search for securities with a Change in turn over of 50% over an Average Period of 1 Month. The scan would use the closing prices based on Daily bars.

For example, if you selected 1st of March in the Date Range option, this would search for an Change Increase in turn over of 50% from the 1st February to the 1st of March. It would look at the Daily close prices.

Note: You can only use a Selected date in the Date Range option when choosing the start date to scan from

Change

Select the change percentage to scan for. Selecting 50% would look for securities with change in Turn Over (during the specified Date Range) increasing or decreasing by 50%.

Direction

  • Increase
    Select this option to scan for securities that are have increased, equal to or greater than (=>) the specified Change value.
  • Less Than
    Select this option to scan for securities that are have decreased, equal to or greater than (=>) the specified Change value.

Average Period

  • Day
    Select this option to scan over a period of x amount of days.
  • Week
    Select this option to scan over a period of x amount of weeks.
  • Month
    Select this option to scan over a period of x amount of months.
  • Year
    Select this option to scan over a period of x amount of years.

Average Period Count

Sets the number of Average Periods to scan over.

Period Type

This setting sets the period type to use when selecting the close price for the % Turn Over Change scan. For example, by selecting Daily, the % Turn Over Change scan will be calculated off the close price of a day bar period (a daily chart), if it was set to Weekly, it would be calculated off the close price of a Weekly bar period (a weekly chart). You can select from the following options.

  • Daily
  • Weekly
  • Monthly
  • Yearly
Last modified on Thursday, 29 April 2010 16:23