Asset Performance
This indicator calculates actual changes in the asset value, based on the assumption that changes in the dollar value are correlated with changes in the dollar index.
The calculation begins by converting the asset price to dollars. It is then multiplied by the dollar index. This value itself has no inherent meaning, but changes in this value reflect actual changes in the asset value.
SETTINGS
Bars
The calculation starts from the number of bars back.
Assets for comparison
Optional. Any 6 assets for comparison.
Enabling the ADJ on the chart will display the value including dividends.
The calculation begins by converting the asset price to dollars. It is then multiplied by the dollar index. This value itself has no inherent meaning, but changes in this value reflect actual changes in the asset value.
SETTINGS
Bars
The calculation starts from the number of bars back.
Assets for comparison
Optional. Any 6 assets for comparison.
Enabling the ADJ on the chart will display the value including dividends.