StockFetcher Forums · General Discussion · how to find stocks which follow the pattern of dow?<< >>Post Follow-up
katil9654
33 posts
msg #123323
Ignore katil9654
3/24/2015 4:09:39 PM

I am looking for a setup which follow the Dow Jones chart trend or parallel to Dow Jones pattern.
Please someone help me out I a new here.
Thanks in advance!

pirate67
99 posts
msg #123344
Ignore pirate67
3/26/2015 1:48:04 AM

This should be close to what you are looking for simply using Beta. Beta measures how a stock moves in relationship to the market as a whole, not the DOW. A BETA OF 1 follows the market.

Fetcher[
beta > .99
beta < 1.01
add column Beta
]



four
5,087 posts
msg #123345
Ignore four
modified
3/26/2015 2:36:57 AM

TRY

http://www.stockfetcher.com/forums/Indicators/Correlation-corr/95213

DISCUSSION

http://www.greenwichai.com/index.php/hf-essentials/correlation-alpha-beta

StockFetcher Forums · General Discussion · how to find stocks which follow the pattern of dow?<< >>Post Follow-up

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