Comparative Relative Strength Index

Comparative Relative Strength Index (RSIC) compares two sets of bars and calculates their relative strength. Mathematically, it is the rate of change of the Comparative Strength. Usually, a security is compared to a market index such as the S&P 500, however, you can compare any two sets of bars.

Do not confuse the RSIC with the RSI (Relative Strength Index), which is an entirely different calculation and also does not compare two sets of bars.

See also Comparative Strength, Comparative Performance and Spread.

Formula:




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