The Performance indicator displays a security's
price performance as a percentage. This is sometimes called a
"normalized" chart.
Interpretation
The Performance indicator displays the percentage
that the security has increased since the first period displayed. For
example, if the Performance indicator is 10, it means that the
security's price has increased 10% since the first period displayed on
the left side of the chart. Similarly, a value of -10% means that the
security's price has fallen by 10% since the first period displayed.
Performance charts are helpful for comparing the
price movements of different securities.
Example
The following chart shows United Airlines and its
Performance indicator. The indicator shows that United's price has
increased 16% since the beginning of 1993.
Calculation
The Performance indicator is calculated by dividing
the change in prices by the first price displayed.