Performance Index

Performance Index

The Performance indicatorcalculates price performance as a normalized value or percentage. A Performanceindicator shows the price of a security as a normalized value. If thePerformance indicator shows 50, then the price of the underlying security hasincreased 50% since the start of the Performance indicator calculations.Conversely, if the indictor shows –50, then the price of the underlyingsecurity has decreased 50% since the start of the Performance indicator calculations.

Performance index are helpful forcomparing the price movements of different securities