LON:OXIG | Stocko Compare Stocks - Anomalies?

30th Dec '20 by Phil O.

4 comments 166 reads

hi - I've posted a strange discovery rather than report via Chat.

Today I selected the Compare Stocks (lower RHS of StockReport page) for two stocks Oxford Instruments (LON:OXIG) and Tt Electronics (LON:TTG), with expected result:

OXIG comes out Winner (I hold)

Then I added a 3rd stock, Concurrent Technologies (LON:CNC), wondering if Oxford Instruments still wins - guess what happened?

TTG wins. Why??

So did the rule base change? For sector/industry group comparisons I use this tool occasionally but what is the basis for declaring a Winner? Is it an even weighting based on number of green blocks highlighted on LHS factors. (Is this useful to post to the Group - do you use this tool alternatively to loading the stocks to Folios and customising & comparing Factors such as in a Quotes column) ? I hope not to waste your time on this.. rgds, Phil.

Unlock with Facebook

Unlock with Google

or Unlock with your email

Already have an account?
Login here

Unlock the metric for all these stocks and more...

Edward Croft

30th Dec '20

I wouldn't read too much into the 'winner' on the compare stocks page. It just counts the number of 'winning' factors across the stocks compared and assigns the 'winner' to the one with the highest count.

It's a useful visual indicator, not a buy recommendation.

herbie47

But why has the winner changed to TTG when a third company is added to the comparison?

PLS1nve5t

I'd guess the third company could steal some points from the original winner, leaving it in second place.

Phil O.

yes... like a 3rd contestant in a second round Decathlon who happens to out-compete the leader in 3 of the major medals, and runner up wins. ? Anyway it's a reasonable litmus test.

Stocko Compare Stocks - anomalies?

Unlock the rest of this Article in 15 seconds

About the Author

Phil O.

4 comments

Unlock the metric for all these stocks and more...

Unlock the metric for all these stocks and more...