Posts: 1,036 since May 2012
Thanks Given: 1,244
Thanks Received: 1,326
|
Hey all,
Im trying to create a chart for plotting the correlations and relative strength for baskets (sectors) of stocks. This is just using end of day data and I do not have access to an actual symbol/instrument representing each sector.
So what im hoping to do is somehow group all finance, resource, health, etc stocks. Then create an index that represents each basket/sector. Then ultimately plot each sector against each other on one chart to compare relative strength.
Im not entirely sure if this is even possible in Sierra, but if it is please could someone explain what will be required or point me in the right direction to get started.
Many thanks for any suggestions.
Diversification is the only free lunch |
|