Financial Time Series Toolbox

medprice

Median price

Syntax

• mprc = medprice(highp, lowp)
  mprc = medprice([highp lowp])
  mprcts = medprice(tsobj)
  mprcts = medprice(tsobj, ParameterName, ParameterValue, ...)
  

Arguments

highp	High price (vector)
lowp	Low price (vector)
tsobj	Financial time series object

Description

mprc = medprice(highp, lowp) calculates the median prices mprc from the high (highp) and low (lowp) prices. The median price is the average of the high and low price for each period.

mprc = medprice([highp lowp]) accepts a two-column matrix as the input rather than two individual vectors. The columns of the matrix represent the high and low prices, in that order.

mprcts = medprice(tsobj) calculates the median prices of a financial time series object tsobj. The object must minimally contain the series High and Low. The median price is the average of the high and low price each period. mprcts is a financial time series object with the same dates as tsobj and the data series MedPrice.

mprcts = medprice(tsobj, ParameterName, ParameterValue, ...) accepts parameter name/parameter value pairs as input. These pairs specify the name(s) for the required data series if it is different from the expected default name(s). Valid parameter names are

• HighName: high prices series name
• LowName: low prices series name

Parameter values are the strings that represent the valid parameter names.

Examples

Compute the median price for Disney stock and plot the results:

• load disney.mat
  dis_MedPrice = medprice(dis)
  plot(dis_MedPrice) 
  title('Median Price for Disney')
  
  
  

Reference

Achelis, Steven B., Technical Analysis from A To Z, Second printing, McGraw-Hill, 1995, pp. 177 -178.

mean

min