clenow
Calculate the Clenow Volatility Adjusted Momentum.
The Clenow Volatility Adjusted Momentum is a sophisticated approach to understanding market momentum with a twist. It adjusts for volatility, offering a clearer picture of true momentum by considering how price movements are influenced by their volatility over a set period. It helps in identifying stronger, more reliable trends.
Example
from openbb import obb
stock_data = obb.equity.price.historical(symbol='TSLA', start_date='2023-01-01', provider='fmp')
clenow_data = obb.technical.clenow(data=stock_data.results, period=90)
Parameters
- standard
| Name | Type | Description | Default | Optional |
|---|---|---|---|---|
| data | List[Data] | List of data to be used for the calculation. | False | |
| index | str | Index column name to use with data, by default "date". | date | False |
| target | str | Target column name, by default "close". | close | False |
| period | int | Number of periods for the momentum, by default 90. | 90 | False |
Returns
OBBject
results : List[Data]
The calculated data.