Stock Missed Profit Indicator
Many Stock Investor and Traders follows Stop loss 20% down from Purchase Price. However, hardly any one realized Missed Profit aspect. What if stock purchase at 100 and reached 150 in next few months, later it start falling to 120. From viewers stand point its 20% profit but actually its 30% missed profit. Such Missed Profit % besides each purchased stock in Portfolio act as an alarm to exit from Stock.
. Trust me, Its simple to introduce and unique in nature. It will keep Stock Portfolio app on edge. Not even any prominent App have it.
Function Name is Missed Profit%
It should reflect in Mobile app, Days Gain/Over all Gain section.
Summary
Supposed in January, I had bought ABC share at Rs 100.
In June, post buying, it highest reached Rs 150. (not 52 weeks high)
In Oct, CMP is Rs 120, it means my missed profit is 30%.
That missed profit indicator besides each bought scrip act as an alarm. It help user to read scrip.
Proposed Logic
01)Stock Purchase Price or Purchase date closing Price
02)CMP or Stock last closing Price (to keep it simple but slightly inaccurate)
03)every day stock Closing Price data
a) CMP (120) - Stock Highest Price post buying (150) = Missed Loss amount 30
b) Now, Purcahse Price (100) to 30 Loss = 30% is the missed profit.
Please feel free to call me
Sameer Mehta
9967235713
Sameer Mehta
shared this idea
