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Alpha Bars

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To understand if your stock is behaving strongly or poorly, it is imperative to compare its daily changes to that of the S&P 500. To display true Relative Strength, your stock must outperform the S&P 500 by more than its BETA would suggest. The ALPHA Bars tool shows whether the stock outperforms its benchmark and what positive or negative Alpha it returned for the day. Note, that it does not factor in interest rates as the standard model does. To learn more about how Alpha can be used in stock analysis, please visit: carusoinsights.com/caruso-adaptive-relative-strength/

Note that you can change the benchmark symbol from the S&P 500 to whatever benchmark is relevant for your analysis.

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