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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Investment Strategies / Mechanical Investing
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Author: mungofitch ✹✺🐝 SILVER
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Number: of 6243 
Subject: Re: Long time reader, infrequent poster
Date: 11/02/25 12:17 PM
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I doubt that a lag of a few days on the 52 week measurements make much difference. It is unlikely that a new high or low occurred within 5 days of either end of a 252 day range.

I add that for a couple of (minor) reasons.
First, I found long ago that quite a substantial lag (even over a month) made quite a big difference for some screens, notably dividend oriented ones. Maybe it was overmining, maybe not, but it certainly didn't seem to hurt. It stuck in my memory.

The meaning is subtly different with lag, as you are in part measuring how *far* a stock is above its (lagged) high, which is partly like measuring how how long/strongly it has been setting a string of highs, not merely something that just stuck its nose above its range.

It also seems to reduce ties, at least for price/h52 calculations. Often when there is a very strong day a lot of stocks are at their respective fresh highs at the same time, and arbitrary tie breakers are messy. It may cut down on turnover, I'm not sure.

Jim
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This community has written 6,227 posts about Mechanical Investing. The article-length ones it recommended most:
Dividend investing · 52 recs · 2025
Non-Mag7 screen · 34 recs · 2025
OT - Div yields and returns · 32 recs · 2024
Using AI to generate backtesting programs · 30 recs · 2025
Rankings for 19Dec2022 · 29 recs · 2022
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