Market Intelligence Charts
Market Intelligence is a reinterpretation of Business Intelligence, a method of taking raw data from multiple sources (accounts, reporting, research, etc.) and refining that into meaningful information which can be used by management to aid in decision-making processes.
In a similar vein, Market Intelligence allows an investor to take multiple criteria composing of technical and fundamental information for a large and varied universe of symbols and collates the results into a column style chart.
Note: Column Charts are only available with a subscription to Professional Services.
Market Intelligence Chart - ASX Top 20 Constituents
The merging of this data presents a powerful chart providing several important points at once:
- Quickly gauge the overall performance of the selected symbols according to user-defined criteria.
- Identify individual symbols which are outperforming or underperforming the average according to user-defined criteria.
- Compare current results with past performance.
- Quickly add (or remove) additional criteria to the Market Intelligence charts.
Step by Step
Market Intelligence Charts are accessed from the New menu in Optuma.
When a new Market Intelligence Chart is opened you will need to select a list of codes to display.
Select the Codes and left-click the Column button to build the chart.
The chart will load using the default script (RSI - Zero Based).
With the default Market Intelligence chart loaded, you can add your own comparison criteria via the Column Scripts field under properties.
Select a previously saved script from the list, or enter a new script to use as your criteria. (There is no limit to the number of criteria you can set up in the Market Intelligence chart, nor is there any limit to the number of codes you can display within the chart.)
Once selected a new column will be added to the Market Intelligence chart. By default, columns will display side by side, however, this can be adjusted to stacked via the Chart Type property.
You can also adjust the priority each script has by adjusting the order.
The chart will initially load data for the last year (use the historical slider bar to change the date in view). You can expand the available data by adjusting the Date Range field under properties.
When an individual symbol does stand out, further analysis can be applied to the underlying price chart simply by left-clicking on the column.
Grid ViewWhen enabled, the Grid View will display the results for all codes for all dates in a spreadsheet style.
You can scroll through historical entries and quickly compare dates against each other.
To enable Grid View, go to the Column Charts properties panel on the far left side and tick the checkbox called Grid View.
When enabled a new property will be added called Grid Font Size. You can use this slider bar to increase / decrease the text on the chart.
Vertical Display and Custom Labels
The Column chart can be set to display the columns vertically via the Orientation property.
When in vertical display mode the labels on the left side scale can also be edited to display custom text.
With Market Intelligence charts using the scripting language to build, from there are many combinations of criteria you can use, including indicators from Add-On modules such as the ND Research's Risk Reward Ratio:
By default, the columns of the Market Intelligence chart will be ordered Alphabetically. This can be adjusted so that the columns display in Ascending / Descending order:
Market Intelligence charts can also be set up to use only single criteria. In the following example, the columns are displaying the value (as a percentage) the symbols are trading above a 50-period Moving Average.
Another technique which can be used is the combination of fundamental and technical values to identify symbols with good potential value.