ETF Percentile

Description

The app is a financial analysis tool tailored for evaluating the current valuation status of several major ETFs, including both regular and leveraged variants (e.g., SPY/SPXL, QQQ/TQQQ, SOXX/SOXL, NVDA/NVDL). Its core functionality revolves around a computed metric called the price ratio, which is calculated as:

Price Ratio = Closing Price / Moving Average

This ratio offers a normalized view of how the current price compares to its historical average, allowing users to determine whether the ETF is relatively overvalued or undervalued.

● Percentile Calculation:

The app computes the percentile rank of the price ratio (and volume) for each ETF across a specified historical range.

This helps users understand how extreme the current price or volume is compared to its own past behavior.

● Users can select:

A specific ETF from the list: SPY, SPXL, QQQ, TQQQ, SOXX, SOXL, etc.

The moving average window size (20, 50, 100, 200 days), allowing for short- or long-term analysis.

Based on these inputs, the app displays gauges or visual indicators showing how the current price and volume compare historically.

● Educational Page:

The app includes a dedicated page that explains the methodology behind the price ratio normalization and percentile computation.

This enhances transparency and helps users understand the significance of the values.

● Comprehensive Table View:

Users can access a summary table showing the percentiles of all ETFs across all moving average windows (20, 50, 100, 200 days).

This allows for quick cross-comparison and broad market insight.

● By using the app, investors can:

Spot potential buy or sell opportunities based on extreme valuations.

Monitor both regular and leveraged ETFs in a consistent, comparative framework.

Incorporate quantitative signals into their decision-making process without needing to manually compute technical indicators.