C Cyrix Aug 10, 2011 #1 In Stockcharts.com we can chart the ratio of two stocks by using ":" but they don't provide charting of the product (multiplying) of two stocks. Where on the web can we chart the product of two stocks? Thanks.
In Stockcharts.com we can chart the ratio of two stocks by using ":" but they don't provide charting of the product (multiplying) of two stocks. Where on the web can we chart the product of two stocks? Thanks.
B bwolinsky Aug 10, 2011 #2 Quote from Cyrix: In Stockcharts.com we can chart the ratio of two stocks by using ":" but they don't provide charting of the product (multiplying) of two stocks. Where on the web can we chart the product of two stocks? Thanks. More... Cyrix, I've never seen <b>anything that uses the product of two stocks.</b> Don't waste your time. There is nothing down that road. Ratios are mean reverting, and that's what makes them more useful. Even trying to think about what you can do with the product of two stocks doesn't give me any useful information. This is not a good method whatever it is that you're trying to do and a chart of that won't help, either.
Quote from Cyrix: In Stockcharts.com we can chart the ratio of two stocks by using ":" but they don't provide charting of the product (multiplying) of two stocks. Where on the web can we chart the product of two stocks? Thanks. More... Cyrix, I've never seen <b>anything that uses the product of two stocks.</b> Don't waste your time. There is nothing down that road. Ratios are mean reverting, and that's what makes them more useful. Even trying to think about what you can do with the product of two stocks doesn't give me any useful information. This is not a good method whatever it is that you're trying to do and a chart of that won't help, either.
C Cyrix Aug 10, 2011 #3 I am testing some methods using product of two stocks. I will let you know if they work or not. I am using Excel to do the calculation right now but if there's a quicker way to chart it would be great. Anyone?
I am testing some methods using product of two stocks. I will let you know if they work or not. I am using Excel to do the calculation right now but if there's a quicker way to chart it would be great. Anyone?
R Rodney King Aug 10, 2011 #4 Quote from bwolinsky: Cyrix, I've never seen <b>anything that uses the product of two stocks.</b> Don't waste your time. There is nothing down that road. More... He could be multiplying a stock by a currency ETF to get a non-$-denominated view. Would be a reasonable thing to do.
Quote from bwolinsky: Cyrix, I've never seen <b>anything that uses the product of two stocks.</b> Don't waste your time. There is nothing down that road. More... He could be multiplying a stock by a currency ETF to get a non-$-denominated view. Would be a reasonable thing to do.
U uexkuell Aug 10, 2011 #5 Since you are using Excel you can use IB (Interactive Brokers) API and get the data into your spreadsheet. (Quick and dirty solution, not really recommended if you want to go further.)
Since you are using Excel you can use IB (Interactive Brokers) API and get the data into your spreadsheet. (Quick and dirty solution, not really recommended if you want to go further.)
C Cyrix Aug 10, 2011 #6 Is there a charting tool/website (like stockcharts.com for ratios) so that I chart directly without using Excel?
Is there a charting tool/website (like stockcharts.com for ratios) so that I chart directly without using Excel?