Read mode for the SCORIING – RANKING :
This spreadsheet gives you a qualitative view of the index components based on technical indicators.
On the top, you get the average value obtained from the index components.
Absolute scoring : this corresponds to the obtained result for each components.
Relative scoring : Difference between the components and the average result obtained with the index components. With the green and red color you may see whether it’s an outperformer or whether an underperformer one’s.
The scoring is a T&T qualitative tool. It enables us to obtain a rank for each asset class. We sort the sample from the best to the worst scoring to get a ranking.
On the right of the spread sheet, you can measured how each stocks behave compared to the index for several time frame.