The Top 100 Stocks page Ranks stocks by highest Weighted Alpha (measure of how much a stock has changed in a one year period).
About Weighted Alpha
Weighted Alpha is a measure of how much a stock has risen or fallen over a one-year period. The original research was restricted to large cap stocks, so the corresponding rise in the S&P 500 index was subtracted; however, as there are a number of interesting stocks that do not fit well into any category, and others that fit into more than one category, the results are presented without subtracting any index.
Barchart.com takes this alpha (measure of how much a stock has changed in the one-year period) and weights this, assigning more weight to recent activity, and less (0.5 factor) to activity at the beginning of the period. Thus the weighted alpha is a measure of one year growth with an emphasis on the most recent price activity.
A stock whose price has risen over the one-year period will have a positive Weighted Alpha. A stock whose price has not changed in the period will have a small Weighted Alpha and a stock whose price has dropped over the period will have a negative Weighted Alpha.
Note: The Weighted Alpha is limited in the amount it may change from one day to the next, thus eliminating large price jumps from the calculation.
The components table shows you the stocks that comprise the index.
Barchart Data Table
Data tables on Barchart follow a familiar format to view and access extensive information for the symbols in the table.
Pages are initially sorted in a specific order (depending on the data presented). You can re-sort the page by clicking on any of the column headings in the table.
Most data tables contain multiple standard "Views", and each View contains "Links" to each symbol's Quote Overview, Chart, Barchart Opinion, and Technical Analysis page. A View simply presents the same symbols with different columns. Site members can also display the data using any Custom View. (Simply create a free account, log in. then create and save Custom Views to be used on any data table.) Standard Views on the Index page include:
- Main View: Symbol, Name, Last Price, Change, Percent Change, High, Low, and Time of Last Trade.
- Technical View: Symbol, Name, Last Price, Today's Opinion, 20-Day Relative Strength, 20-Day Historic Volatility, 20-Day Average Volume, 52-Week High and 52-Week Low.
- Performance View: Symbol, Name, Last Price, Weighted Alpha, YTD Percent Change, 1-Month, 3-Month and 1-Year Percent Change.
Data Table Expand
Unique to Barchart.com, data tables contain an "expand" option. Click the "+" icon in the first column (on the left) to "expand" the table for the selected symbol. Scroll through widgets of the different content available for the symbol. Click on any of the widgets to go to the full page.
Also unique to Barchart, this feature allows you to scroll through all the symbols on the table in a chart view. FlipCharts are a free tool available to Site Members.
This tool will download a .csv file (compatible with many spreadsheet programs) for the View being displayed. Download is also a free tool available to Site Members.