Stock Market Trading and Investing Tools: What is Stock Market Metadata?
What is stock 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 figure out what’s going on with a company’s stock. So if a trading trend is developing, one of the tools you can use to spot a trend as it progresses would be stock market metadata.
Do you work with stock metadata?
When you connect to the Internet, you find a wide variety of stock charts, current and historical stock market results, and a growing number of online news sources. But finding something in the stock metadata is challenging.
To get a better idea of how this type of information can be used, consider any of the following scenarios:
- You are planning to buy shares of a company and want to get an idea during which 15-minute period of the trading day the shares 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 various price range differences of a stock to help you time your trade and get a price that is advantageous to you.
- You want to buy or sell a large block of shares and want to see a breakdown of the different times of day when the volume of shares traded for certain stocks is both highest and lowest.
The answers to these and many other questions can be found online and by searching. I use Google and search for the terms stock market metadata or stock metadata which returns links to all the relevant information. 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 the other days, day after day.
These reports may cover a specific date range for the company being presented. And, with the availability of multiple arrays of values for the different group categories within each of the arrays, there is more than enough data to complete a comprehensive analysis. This is easy to see when looking at a report.
Used as an analysis tool, stock metadata can also be used to display market trading activity for stocks covering 15-minute blocks of time. Statistically speaking, it can be seen quickly.
- Time when the highest and lowest prices were reached
- Time when the highest and lowest trading volumes were reached
It also provides clear answers to questions that span any time period (days, months, or years) such as:
- How many times during each of the 15-minute periods during normal trading hours did the stock trade at the high of the day?
- How about in the low part of the day?
- At what times of the day was the highest trading volume recorded?
- How about the lowest trading volume?
Why is this type of information important? Statistically speaking, it identifies the best potential 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
- Fashion is your friend.
Previously, the general public has not been able to easily locate a viable source of stock market metadata and stock market metadata. Now that has been changing. When you do a search for any of those specific terms, you are likely to find the information presented on the source sites or through links to articles written on this topic.
Look for sites that also feature features on companies listed on major North American stock exchanges. This includes numerous links to key sources of standard stock market information, as well as a selection of stock market metadata reports.
When you choose to review a featured company, make sure the links included are to some of the best sites available online with key stock market information. Do they also have stock metadata reports for each company they feature there?
Find reports that are published every day of the week, Monday through Friday. Typically, the standard report titles listed below also have corresponding links to pages on the site that explain and describe the content of each of the reports.
- Detail of daily historical metadata
- Daily summary of historical metadata
- 15 minute metadata detail
- 15 minute metadata summary
- 15 minute high and low counts
Does using stock metadata work?
Stock charts present graphical images of a company’s stock performance. There are multiple patterns to learn. These must be understood and interpreted correctly. This can be quite tricky. And when used correctly, they can be quite effective for stock trading and investing.
The advantage of stock metadata is that you use something you’ve been using all your life: numbers. If you know how to do simple addition and subtraction, and you know how to count, then you can use and understand metadata.
Some people even boast about using stock metadata to predict price outcomes. Take a look at the following link to Yahoo! message board for Morgan Stanley stock.
It was sent after lunch on Friday, October 9, 2009 to this Yahoo! bulletin board about the day’s closing price of Morgan Stanley stock. It was developed using specific selection criteria against the Daily Historical Metadata Detail report for MS stocks from stock metadata reports available online for people to use. As you read the entry, you will see that if the Bulls were ruling at the end of the day, the prediction was that the stock would close at 32.18. Well, MS actually ended the day at 32:09, but a few seconds after the close, the first transaction in the after hours trade was at 32:18. Talk about making a good prediction. I’ll let you be the judge.
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