Understanding the Change Since Janurary 1 Percent Filter

The "change since Janurary 1 (%)" filter compares the current price to the price on Janurary 1st, measured in percentage. Traders and investors may use this filter to identify stocks that have experienced significant price movements since the start of the year, which could indicate potential trends or opportunities for further analysis. It can also help them understand the performance of a stock within the current calendar year.

The formula for the % version is (new value – old value) / old value * 100.

The current price is based on the last print. There is no smoothing or averaging. This updates before, during, and after market hours.

Change Since Jan 1 Percent Filter Settings

The settings of each Trade Ideas filter are defined in the Window Specific Filters Tab located in the Configuration Window of your Alert/Top List Window.

Here is how to setup the filter in your configuration window:

• Set the min value to 10 to see stocks which are up at least 10% since the start of the calendar year.

Using the Change Since Janurary 1 Percent Filter

Several trading strategies can be employed with the Change Since Janurary 1 Percent filter. Here are a few examples:

Momentum Trading: Traders can use the change since January 1 (%) filter to identify stocks that have exhibited strong upward momentum since the beginning of the year. Stocks with significant positive percentage changes indicate strong performance during the year. Traders may consider entering long positions in these stocks to ride the momentum.

Contrarian Trading: Conversely, traders can use the filter to identify stocks that have experienced significant negative percentage changes since January 1st. These stocks may have fallen out of favor with investors but could potentially be undervalued. Contrarian traders may consider entering long positions in these stocks, expecting a potential reversal or bounce back.

Trend Following: Traders can use the change since January 1 (%) filter as part of a trend-following strategy. Stocks with consistent positive percentage changes since the beginning of the year may indicate strong uptrends, while those with consistent negative percentage changes may indicate downtrends. Traders may consider entering long positions in stocks with upward trends and short positions in stocks with downward trends.

FAQs

What does the "change since January 1 (%)" filter indicate?

• This filter shows the percentage change in a stock's price since the beginning of the calendar year. It helps traders understand the relative magnitude of price movements within the current year.

Why is the "change since January 1 (%)" filter important?

• This filter helps traders identify stocks that have experienced significant price movements since the start of the year. It can assist in spotting trends, gauging volatility, and identifying potential trading opportunities within the current calendar year.

How should I interpret high or low values in the "change since January 1 (%)" filter?

• A high positive percentage indicates that the stock's price has risen significantly since the beginning of the year, while a high negative percentage suggests a substantial decline. Conversely, low values indicate minimal price movement within the current year.

Can the "change since January 1 (%)" filter be used alone to make trading decisions?

• While the filter provides valuable information, it should be used alongside other technical and fundamental analysis tools. Relying solely on this filter may not provide a comprehensive view of market conditions.