The Market's Financial Market Rating ranks above 58% of ratings over the past 100 days
Bearish
The average stock has only a 47% chance of rising
16 of 16 Sectors are expected to fall
143 of 194 Industries are expected to fall
Only 32% of all Stocks are expected to rise
Notes
Financial Market Reader uses a pattern-matching algorithm
on five common technical analysis indicators to create ratings for each of the next five days
for each indicator.
FMReader uses the closest historical matches to compute
the possible profit or loss over the next week.
The red line on the graph is the expected daily profit or
loss for next week. It is an average of the individual indicator
forecasts.
"Financial Market Rating" is a proprietary
indicator that considers additional factors such as the stock's market,
sector and industry context. FMR assigns a rating to each company for
the past 100 days. A company's FMR tells you where it stands relative
to all companies rated in the past 100 days.
Unlike Rank, FMR is not market neutral and doesn't always
equal 50%. The average market FMR will vary widely and can be
considered a bearish or bullish signal for stocks in general.
In general, the correlation between future change and FMR
is double the correlation between future change and any of the preceding
indicators.
Ratings for Industries, Sectors, and the Market are an
average of their components.