Build a Relative Strength Matrix for mutual funds
Mutual funds
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The RS Matrix ranks a group of mutual funds by how strong each one is against all the others.
Steps:
1. Pick the funds you want to compare. Click Add to bring in more than two.
2. Now click Build RS Matrix.
3. Each cell compares one fund against another. The fund with the most buy signals ranks first, so it's the strongest of the group right now.
A quick way to shortlist the strongest, before you look deeper.
Steps:
1. Pick the funds you want to compare. Click Add to bring in more than two.
2. Now click Build RS Matrix.
3. Each cell compares one fund against another. The fund with the most buy signals ranks first, so it's the strongest of the group right now.
A quick way to shortlist the strongest, before you look deeper.