Abbreviation: SelectiveStndNormZScore
Category: Selective Calculation
Input Parameters:
| Name | Range | Default |
| Time Series | ||
| Condition | ||
| Periods | Int >= 2 | 10 |
Calculation:
X – SelectiveAvg( X)
‘‘‘‘‘‘‘‘‘‘
SelectiveStndDev(X, n)
where
X = Time Series
n = Periods
SelectiveAvg represents Selective Simple Moving Average
SelectiveStndDev StndDev represents Selective Standard Deviation
Discussion:
Analyzes only the time periods for which the condition is true and provides a measure of a time series value relative to its mean expressed relative to its standard deviation over the last n of those time periods. A value of one indicates a value one standard deviation above the mean, while a value of two indicates a value two standard deviations above the mean. Likewise, a value of negative one indicates a value one standard deviation below the mean, while a value of negative two indicates a value two standard deviations below the mean.