This measures the absolute percentage price performance of the share price over the past one week. It is to be contrasted with Relative Strength.
It is calculated as (Current Price minus Old Price) divided by Old Price x 100.
It is to be contrasted with Relative Strength where the percentage change is calculated and compared to the market or some other standard index.
Along with Dividends, the absolute price performance is the other key component to determining Total Shareholder Return.
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