Comparing Historical Annual Returns for Two Symbols
Summary
This indicator displays paired columns of annual percentage changes for two selected symbols over a chosen year range. It obtains data on a yearly interval, calculates each year’s change from one close to the next, and aligns the two return series by year. If one symbol lacks a year present for the other, the chart inserts a zero for that series. Users can select the chart symbol or custom symbols, choose dividend-adjusted data, and configure the table’s location, colors, and column dimensions.
The output is a visual comparison tool rather than a trading strategy or a measure of risk-adjusted performance. Its return figures show individual calendar-year changes, not cumulative growth, volatility, drawdowns, or an investable portfolio result. The document explains the calculations and display options but offers no empirical findings or guidance on interpreting the comparison. Results depend on symbol data availability, the selected date range, and whether dividend adjustment is enabled.
Key ideas
- The indicator compares yearly percentage changes for two symbols in a shared column display.
- Users can set the year range, choose chart or custom symbols, and enable dividend adjustment.
- Missing years in one series are represented by zero when aligning the displayed data.
- Annual returns alone do not describe cumulative performance, volatility, or drawdowns.
- The document describes a visualization and supplies no evidence of a profitable trading method.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.