How can we improve VectorVest 7?

Fix calculation of Industry Market Capitalization

Logically, the Market Cap of an industry must be the sum of the Market Caps of the companies making up the industry. Therefore, a weighted average price/share times the total shares of all companies in the industry is needed to that Mkt Cap = Price x Shares works at the industry level.

As can be seen in the attachments, for Industry stats VectorVest Australia (haven't checked VV USA) multiplies the simple average of Price/Share times the simple average of Shares/Company which results in the "Mkt Cap" being a meaningless number.

This should be fixed.

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Robert Pfifferling shared this idea  ·   ·  Flag idea as inappropriate…  ·  Admin →

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