Metrics Glossary

Measures how hard a stock has moved recently, 0-100. Below 30 usually means it has fallen a lot short-term, above 70 means it has risen a lot — it does not predict direction.

Measures how clear a trend is, regardless of direction. Below 20 is usually choppy sideways action; above 25 means a defined trend.

How far the current price sits below the highest price of the last 20 trading days. Near 0% means it is at recent highs; -15% means 15% below that high.

Today's trading volume as a multiple of the 20-day average. 1.0x is normal; above 1.5x means attention suddenly spiked (news or money moving).

Roughly one month of price change minus the benchmark's change over the same window (in pp). Positive means it outpaced the index, negative means it lagged.

Price divided by the last 12 months of earnings — what you pay per unit of profit. It only means something compared with peers, which is why we show the industry percentile.

Price relative to book value per share. Common for asset-heavy sectors like banks and property; heavy buybacks shrink book value and distort PB.

The midpoint of a reference range our model estimates from earnings, cash flow and peer valuation. It is an estimate — when confidence is low the error is wide.

How far the current price sits above or below fair value. Negative means below the model estimate, positive means above — only as good as the model assumptions.

The average of sell-side analyst price targets. It reflects consensus, tends to skew optimistic, and disagreement with our model means the assumptions differ.

How efficiently the company turns shareholders' money into profit. Sustained above 15% is generally solid; unusually high (>50%) usually reflects debt or buybacks, not extra strength.

How much net profit is left out of every 100 of revenue. A falling trend within the same company usually matters more than the absolute level.

Total liabilities divided by total assets. Above 70% means high leverage and more pressure when rates or business conditions turn (banks and insurers are naturally high).

Dividends over the past year divided by the current price. A falling share price also inflates the yield, so check whether the payout is sustainable.

Your average price per share with commission, stamp duty and fees folded in. Selling adds another round of fees, so real P&L is smaller than the raw price gap.

A 0-10 read on the state of this holding: momentum (RSI 40%), unrealised P&L (40%) and concentration (20%). It does not include fundamentals.