Rank is the rank of the stock or ETF vs. its peers. For example a Rank of 98 means the stock or ETF is out performing 98% of its peers over a 12 month period. A rank of 2 means the stock or ETF is outperforming 2% of its peers, in other words, 98% of its peers are out performing it. 98 is good, 2 is not so good. The current quarter is 40% of the weighting, so current performance is more significant to the rank. Stocks are ranked against stocks and ETF's are ranked against other ETF's.
What is Strength Rank and What does the number mean?
