Oversold Sectors Using Z-Score To Measure
The Z-Score indicator is used in statistics to determine how far a point is from the mean. 68% of a given data set will be within 1 standard deviation of the mean, i.e. +-1 from the mean. 95% of a given data set will be +-2 standard deviations from the mean.
You can review Z-Score by clicking the link above. In the picture below sectors with a Z-Score of -2 or worse have a pinkish background.
ETF Range Projections for 5.10.12
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