Technical Values as Indicators Derived from Price History
Summary
The document explains how technical values differ from fundamental and derived values in a financial dataset. It describes fundamental data as information about a company’s financial condition, while technical data comes from the asset’s historical prices. Examples include a moving average and a resistance level, both of which summarize or interpret past price behavior.
It suggests that derived values may combine technical and fundamental inputs, but presents this as a guess rather than a firm definition. The discussion is brief and comes from an answer to a question about a particular modeling competition. It offers no dataset-specific documentation or evidence that the competition uses these terms in the conventional way, so the distinction is useful as a general guide rather than a guaranteed interpretation of any individual feature.
Key ideas
- Fundamental values describe company financial information such as cash flow, assets, and liabilities.
- Technical values are calculated or identified from an asset’s price history.
- Moving averages and resistance levels are examples of technical values.
- Derived features may combine fundamental and technical inputs, but the dataset’s own definitions may differ.
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Full text
# What is a technical value? # What is a technical value? I'm trying to get my head around the following Kaggle competition: https://www.kaggle.com/c/two-sigma-financial-modeling/data The data is a frame made up of various columns, with a tuple structure as follows: ``` time,id,derived0,derived1,...,derivedn,fundemental0,fundemental1,...,fundementalm,technical0,technical1,....,technicalk ``` There are 3 types of value columns that represent: - Fundamental values - Derived values - Technical values Fundamental values are raw values say the stock price or temperature at time T Derived values are 'derived' from a combination of fundamental values perhaps? eg: ``` time @ t_i derived[1] = fundamental[0] - fundamental[3] / fundamental[2] ``` But what is definition of technical value? What is an example technical value in terms of others? ## Answer by Comp_Warrior (score 2, accepted) https://quant.stackexchange.com/a/31901 In conventional parlance, fundamental values would refer to data about the stock's financials, i.e. the data contained in the financial statements. Examples could be the cash flow, assets, liabilities and so on. Technical values would refer to data obtained from the price history of the stock, for example a 50 day moving average of the price, or the resistance level among other things. My guess is that derived values would be a function of technical and fundamental values here. Note that the competition mentioned might not adhere to these conventions.
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