Comments on: Power Ratings – Data Set #1 http://www.tasgall.com/2006/07/05/power-ratings-data-set-1/ Peering into the Cauldron of the Gods... Sun, 13 Jun 2010 04:13:24 -0400 http://wordpress.org/?v=2.8.4 hourly 1 By: Jason G. http://www.tasgall.com/2006/07/05/power-ratings-data-set-1/comment-page-1/#comment-31 Jason G. Thu, 06 Jul 2006 00:24:33 +0000 http://www.tasgall.com/2006/07/05/power-ratings-data-set-1/#comment-31 Also, be conscious of the market size for each security. Both a small market cap or a low average volume for the security can cause volatility in the short term. I'm guessing that is one of the parameters in the Power Ratings -- only look at stocks above $X in market cap and over $Y in average traded volume (either by dollar amount, number of shares, or both). Also, be conscious of the market size for each security. Both a small market cap or a low average volume for the security can cause volatility in the short term. I’m guessing that is one of the parameters in the Power Ratings — only look at stocks above $X in market cap and over $Y in average traded volume (either by dollar amount, number of shares, or both).

]]> By: Jason G. http://www.tasgall.com/2006/07/05/power-ratings-data-set-1/comment-page-1/#comment-30 Jason G. Thu, 06 Jul 2006 00:22:48 +0000 http://www.tasgall.com/2006/07/05/power-ratings-data-set-1/#comment-30 It's not surprising that your screens did not reveal any particular PowerRatings... Value and Growth are medium to long term labels and have very little to do with the short term, which is what Power Ratings are supposed to be. Think about it as the fact that most stocks in the short term tend to trade within a reasonable range. Only when they're particularly oversold or overbought would they be ripe for a short-term trade... so the vast majority of stocks wouldn't show up with high power ratings. I would consider your results so far as a factor of the sample size... you probably need to be searching on a lot more securities to be able to find a few of the outliers with 1 or 7 Power Ratings... It’s not surprising that your screens did not reveal any particular PowerRatings… Value and Growth are medium to long term labels and have very little to do with the short term, which is what Power Ratings are supposed to be.

Think about it as the fact that most stocks in the short term tend to trade within a reasonable range. Only when they’re particularly oversold or overbought would they be ripe for a short-term trade… so the vast majority of stocks wouldn’t show up with high power ratings.

I would consider your results so far as a factor of the sample size… you probably need to be searching on a lot more securities to be able to find a few of the outliers with 1 or 7 Power Ratings…

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