Period Weight

If you select multiple periods for ranking stocks, you can assign a weightage to each period.

By default, each period has a weightage of 1, meaning all selected periods are given equal importance. However, you can adjust the weightage based on your approach and investment philosophy. For example, you may choose to give higher weightage to recent periods for a more short-term focus or higher weightage to longer periods for a broader trend perspective.

If the weightage is set to 2 for a shorter period and 1 for a longer period, the calculation will give twice the emphasis to the shorter period’s performance.

Weightage can be assigned using single-digit numbers from 0 to 9. For example, if you select the 252-day, 120-day, 90-day, and 60-day periods with weightages of 1, 2, 3, and 4, respectively:

• The 60-day period receives the highest weightage, carrying four times the importance of the 252-day period.
• The 252-day period has the lowest weightage, making it less influential in the ranking.

A recommended starting point is to assign a weightage of 1 to all selected periods and adjust as needed based on your strategy.