Expert Add-on for MetaStock
The AAII PROVE Calculator (Position Ratio Optimizing Volatility Engine) is designed to evaluate the historical average downside risk of any security. It is an essential tool for investors looking to calculate the precise number of shares to purchase or how to rebalance a portfolio to offset market volatility. The tool automatically computes the exact dollar amount and share count for new positions. Additionally, it provides detailed statistics on performance during both up-days and down-days, helping you make data-driven decisions.
Raymond Rondeau is an expert in strategy design and a senior technical analyst with the AAII. See AAII Conviction Plus bio for more details.