"RandomWalkIndex" (Financial Indicator)

Sometimes abbreviated as RWI.

Is a statistical indicator.

Is computed using the high, low, and close prices.

Returns two time series: measurements of randomness of lows over 5 periods and highs over 40 periods.

FinancialIndicator["RandomWalkIndex",n1,n2] uses n1 periods for the lows and n2 for the highs. The first values in the respective series occur after n1 and n2 periods.

Examples

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See Also

"StochasticMomentumIndex"  ▪  "StandardError"  ▪  "StandardDeviation"  ▪  "RSquared"