Funds Pages: Support and DocumentationFind help and documentation on each page within the Funds tab using the index below. This documentation explains how each page is set up, with tips on how to best use the information.
The New Highs/Lows pages lists Funds that are at a new 52-week high or low price (as of the close). It does not list Funds who've matched their prior high or low. FlipCharts are available, and My Barchart subscribers have access to historical data and can export this information into Excel.
The list of funds to display on these pages is updated once a day. During the trading day, you will see new price data appear on these pages, as indicated by a yellow "flash". However, the list of funds that appear on the New Highs/Lows pages will not change until approx. 8pm EST. For a mutual fund to be considered for the New Highs or New Lows pages it must have traded for at least 52 weeks, and it must have changed price within the past trading session. The pages are initially sorted by Symbol. You can re-sort the page by clicking on any of the column headings: The page contains three standard views, and FlipCharts are available for the symbols listed on the page. My Barchart members also have the option to display the data using any Custom View you've created, and the data can be downloaded to Excel.
The "Hot Mutual Funds' pages highlight the top mutual funds that have unusually large price movement relative to their usual pattern, meaning funds that are seeing breakouts or abnormally large bull or bear moves. There may be trading opportunities in these large-movement funds.
Standard Deviation In order to calculate the number of standard deviations that a fund moves in the latest session, we use the following formula:
In this formula we are simply comparing the latest price change to the standard deviation of the price returns over the last 20 sessions. We are using the "price return" for the daily change because this is how historical volatility is calculated. A "price return" is simply the natural log of the latest close divided by the previous close. Historical volatility is the measure that we use for the comparison in the denominator of our equation because historical volatility is simply defined as the standard deviation of the price returns, factored up to an annualized number. Since historical volatility is typically expressed as an annualized number, we need to reduce it to a daily figure for our daily "What’s Hot" calculation by dividing it by the square root of 252 (i.e., the approximate number of trading days in a year). Let's look at an example. A123 Systems (ticker: AONE) on the close of Friday, May 14, 2010 had the following input figures: 5/10/2010 close was $11.46, 5/09/2010 close was $10.33, and the 20-day historical volatility on 5/10/2010 was 66.69%. Let calculate how many standard deviations A123 Systems moved on 5/10/2010:
This indicates that A123 Systems on May 14, 2010 moved by 2.47 standard deviations, which is an unusually large move. According to the normal distribution curve, we would expect a move of more than two standard deviations less than 5% of the time, indicating how unusually large A123 Systems’s price change was on May 14. The "What’s Hot" report is also available for weekly and monthly price changes, in which case the price change over the past week or month is divided by the 20-week or 20-month standard deviation, respectively. Interpretation Funds are ranked by Standard Deviation. You can re-sort the page by clicking on any of the column headings: The page contains three standard views, and FlipCharts are available for the symbols listed on the page. My Barchart members also have the option to display the data using any Custom View you've created, and the data can be downloaded to Excel.
Daily | Weekly | Monthly
In order to be considered for inclusion in the "What’s Hot/Not" list, a fund must have a price between $2 and $1000, and an 20-Day Average Daily Volume of at least 10,000 shares.
The Advanced Funds Screener allows you to search for Mutual or Money Market Funds based on unlimited filters that you apply. When you first load the page, BOTH Mutual and Money Market Funds are displayed. (You may search for one or the other by unchecking the appropriate checkbox in the upper right corner of the screener). Other screener options include:
As you select a filter to apply to the list, the number of funds that match your criteria are displayed on the screen. You can continue to apply as many filters as necessary until you achieve the desired results. Available filters include:
To drill-down in any of the screener programs, you will apply a Filter. Filters may change depending on the Instrument Type of the screener (U.S. Equities, Sectors, ETFs, Forex, etc.).
IMPORTANT! Always click the "Show Results" button to view the symbols found by the screener with the filters you've chosen. As you add filters to the screener and click the Show Results" button, a list is formed at the bottom of the screen with your results. For most filters, a column will also be added to the list to show the applicable data. You may remove the symbol Name or Last Price by unchecking the boxes at the top of the screener.
To remove a filter from a screener, click the To Save the screener, click the "Save as New" link just above the "Show Results" button. You will be asked to give the screener a name.
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Barchart.com provides basic technical analysis on mutual funds.
Note: In order for a mutual fund to be included in any of the various lists in the Funds section, it needs to be trading for at least 1 year. The Funds section is updated once a day at 7 p.m. ET.
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to the left of the screener, or click the "Clear All Filters" link to remove all the filters and start again.