The Performance indicator displays an instrument’s price performance as a percentage. A Performance indicator shows the price of an instrument as a normalized value.

 

If the Performance indicator shows 50, then the price of the underlying instrument has increased 50% since the start of the Performance indicator calculations. Conversely, if the indictor shows – 50, then the price of the underlying instrument has decreased 50% since the start of the Performance indicator calculations.

 

Usage:

Performance index are helpful for comparing the price movements of different securities

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