Lioness Associates, Inc.

Economic & Corporate Risk/Yield Reports

Answers to Commonly Asked Questions
Does the point value correlate to the amount of price change or volume?

The point value does not correlate to the amount of price change or volume. Higher point values indicate that there were more factors involved at that particular time frame. Changes from 0 to 150/200 (Core graph) could be attributed to noise.

Would the price change occur over the full period from valley to peak (or inversely from peak to valley)?

While the momentum in the graphs is depicted as usually occurring over a period of 1 to 3 months, the price changes associated with these surges could happen at one point, a series a points or through the whole period in an upward (or downward move). A downward surge could occur right after a peak or may not occur until it passes into the "Risk" area. If a downward surge does not move into the "Risk" area and it stays in the "Yield", the indication could be that it is "resting" and it may not have a downward surge.

For example, if the USA Core graph is in a "Risk" (downtrend) period from July to August and a particular company during the same period has a upward surge, will the two cancel each other out?

That is a possibility and more care should be taken when considering further action. For example, if the USA is in a "Risk" period good news which would normally cause an upward movement may result in no movement or even a drop. The reverse is also true, if the US is in a "Yield" period, it may cause bad news on a particular company to be received with very little change in the company's perceived situation.

Can graphs be done on previous years?

Yes, as long as the company is in our database.

Can a graph be done 2 years forward?

Yes, the actual graphs are based on factors that are concise and stable for many years forward BUT, we stay within a 12 month window with the interpretations.