Month-to-date (MTD) stock price return is the percentage change in the stock price from the beginning of the current month to the current date. It is calculated by taking the difference between the stock price at the current date and the stock price at the previous month’s close and dividing that amount by the stock price at the previous month’s close.
The month-to-month return compares the value of a stock at the end of one month to the value of the stock at the end of the previous month.
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Using price volatility to measure price moves is based on the fact that daily price returns are meaningless without context. Therefore, short-term price history is required to understand the significance of a price change
The Normalized ATR extends the function of the ATR by being able to get a volatility measure that is directly comparable across stocks with different prices. This is accomplished by calculating the ATR as a percentage of the stock price.
The Average True Range is an indicator used to determine stock price volatility; it measures how much price moves on average over a given period. Welles Wilder introduced it in his book “New concepts in technical trading systems.
