What is stock market metadata?
Simply put, metadata is data about data. And when properly understood and interpreted, stock market metadata, also known simply as stock market metadata, can help you imagine what's going on with a company's stocks. So, if a trading trend is developing, one of the tools you can use to spot a trend as it evolves would be stock market metadata.
Do you work with stock metadata?
When you go online you will find a wide variety of stock charts, current and historical stock market results, and a growing number of online news sources. But finding anything on the stock metadata is difficult.
In order to better understand how this type of information can be used, consider one of the following scenarios:
- You are planning to buy a stock in a company and want to get an idea during which 15 minute period of the trading day stocks are statistically trading at their lowest points
- You want to sell your shares and you want to get an idea of the best time of day to execute your trade
- You want to know the iterations of the different price bracket differences for a stock to help you time your trade and get a price that works for you
- You want to buy or sell a large block of stocks and you want to see a breakdown of the different times of the day when the volume of shares traded for certain stocks is both at its high and low?
Answers to these questions and more can be found by going online and researching them. I use google and search for the terms stock metadata or stock metadata that returns links to all the relevant information. The stock metadata reports are unique. For example, you can easily see the relationships that exist between the opening and closing values of stock prices for the day. You can also see what the values are for other days, day after day.
These reports can cover a specific date range for the company presented. And, with the availability of multiple tables of values for the different group categories in each of the tables, there is more than enough data to perform in-depth analysis. This is easy to see when viewing a report.
Used as an analytical tool, stock market metadata can also be used to show market trading activity for stocks spanning 15 minute periods. Statistically speaking, you can see it quickly.
- Periods in which the highest and lowest prices were reached
- Periods in which the highest and lowest trading volumes were achieved
It also provides clear answers to questions covering any time period (days, months or years) like:
- How many times during each of the 15-minute periods during normal trading hours did the stocks trade at the high for the day?
- How about the low of the day?
- At what times of the day did the highest volume of transactions occur?
- What about the lower volume of transactions?
Why is this type of information important? Statistically speaking, it identifies the potential best time of day to buy or sell stocks. When you learn to use stock market metadata, you realize that:
- History tends to repeat itself
- The numbers don't lie, and
- The trend is your friend.
Previously, the general public was not able to easily locate a viable source of stock market metadata and stock market metadata. Now that has changed. When you search for any of these specific terms, you are sure to find the information presented from the source sites or via links to articles written on that topic.
Look for sites that also have features on companies traded on major North American exchanges. This includes many links to key sources of standard stock market information as well as a selection of stock market metadata reports.
When choosing to review a featured company, make sure the included links are to some of the best online sites available with key stock market information. Do they also have stock metadata reports for each company they present?
Look for reports published every day of the week, Monday through Friday. Typically, the standard report titles listed below also have corresponding links to site pages that explain and describe the content of each report.
- Detail of daily historical metadata
- Summary of daily historical metadata
- Detailed metadata in 15 minutes
- Metadata summary in 15 minutes
- 15 minute Hi-Low counts
Does using stock metadata work?
Stock charts present graphical images of a company's stock market performance. There are several models to know. These must be understood and interpreted correctly. It can get quite complicated. And when used correctly, they can be very effective for stock trading and investing purposes.
The great thing about stock metadata is that it uses something you've used all your life: numbers. If you can do simple addition and subtraction, and you can count, you can use and understand metadata.
Some people even brag about using stock market metadata to predict price outcomes. See the following link to the Yahoo! bulletin board for Morgan Stanley shares.
It was submitted after lunch on Friday October 9, 2009 to this Yahoo! message board regarding the day's closing price for Morgan Stanley shares. It was developed using specific selection criteria against Daily Historical Metadata Detail report for MS stocks from stock market metadata reports available online to users. As you read the entry, you will see that if Bulls reigned at the end of the day, the prediction was that the stock would close at 32.18. Well, MS actually finished the day at 32.09, but seconds later after the close the first after-hours trade was at, are you ready for that, 32.18. Talk about making a good prediction. I let you be the judge.