A multi-timeframe tool tracking relative strength and statistical significance of market segments, comparing performance across various ETFs and investment factors.
Explore complementary indicator rolesHow it works
The Factor Monitor calculates normalized percentage moves across daily, 5-day, and 20-day periods, comparing performance between different market segments and ETF pairs. It uses a standard deviation scoring system to quantify the statistical significance of price movements, providing a comprehensive view of market dynamics.
By tracking relative strength across style factors, market cap segments, sectors, and risk categories, the tool generates color-coded visualizations that highlight performance differences. The normalized scoring allows traders to quickly identify which market segments are outperforming or underperforming relative to historical norms.
Why it may be useful
The Factor Monitor provides traders with a sophisticated, multi-dimensional view of market performance, enabling more informed investment decisions by revealing underlying market trends and rotations. It helps traders understand broader market dynamics beyond individual stock movements, offering insights into sector leadership and potential trend changes.
By quantifying market moves relative to historical standards, the tool helps traders assess market breadth, identify significant factor shifts, and develop more nuanced trading strategies. This comprehensive approach allows for a more holistic understanding of market conditions and potential opportunities.
When to explore it
The Factor Monitor is most effective during periods of market transition or when seeking to understand broader market trends and sector rotation. It is particularly valuable when analyzing market conditions across different timeframes and exploring relative performance between various investment factors.
Traders can utilize this tool during market regime shifts, when assessing potential trend changes, or when developing macro-level trading strategies that require a comprehensive view of market dynamics. It is especially useful for portfolio managers, active investors, and traders looking to make data-driven investment decisions.
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What we’ve verified
Access, alerts and repainting behaviour have not been independently verified for this indicator. Check the creator’s current publication and settings.
General descriptions and classifications are recovered research. Verified details above identify the specific checks we have completed. Check the creator’s current publication for later changes.
