Abbreviation: Spread%
Category: Time Series
Input Parameters:
Name | Range | Default |
Time Series #1 | Close | |
Time Series #2 | Close |
Calculation:
100 * ( Time Series #1 – Time Series #2 ) / Time Series #1
Discussion:
Provides a quantitative comparison between the two time series by computing the percent difference between the two time series. Since a percent difference is used, the time series should have roughly the same range and magnitude of values.