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lschuttig@comcast.net
Joined: 16 Mar 2011 Posts: 1
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Posted: Mon Jul 06, 2009 8:56 pm Post subject: "NC" |
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| Please explain what the prefix "NC" means when preceding a group? Thanks. |
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peter@bollingerbands.com
Joined: 01 Jan 2007 Posts: 37
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Posted: Tue Jul 07, 2009 8:18 am Post subject: |
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From www.GroupPower.com's structure support: http://www.grouppower.com/support/?s=4
Non-correlated Groups (NC Groups)
Stocks that are excluded from their fundamental group, either due to technical or illiquid factor, are set aside into a holding bin in the group's respective sector. The names of these non-correlated bins in each sector start with NC (ie NC Energy, NC Media). These groups are not analyzed by Group Power because there is no technical fit amongst its members. |
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