Volar score definition
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Hi @@Definedge-Experts , @Prashant-Shah
Please share the definition of Volar score, I am not able to find any details on your site
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Hi @Definedge @Definedge @@Definedge-Experts @Prashant-Shah
Please can you respond to my query, thanks
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Please provide clarity on VOLAR. I ran the scan and got the following list for MIP-12 template
Here some of the stocks had +ve last 252d roc still their VOLAR is -ve eg - ashokley. Please pick any 1 stock and explain the formula of VOLAR especially -ve vaule ones. Thanks
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@Brijesh-Bhatia Please reply
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I am also trying to understand this , can not find any explanation of this anywhere. @Definedge
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Explanation -The Volar Score, developed by Definedge, is a method that aims to rank stocks by considering both their returns and volatility. It prioritizes stocks that generate higher returns relative to their volatility, potentially helping to control drawdowns while maintaining or improving returns. Essentially, it's a risk-adjusted return measure, favoring stocks that are more efficient in generating returns for the level of risk they take. it is a proprietary calculation .