[{"data":1,"prerenderedAt":556},["ShallowReactive",2],{"doc-analytics/reading-opportunity-scores":3},{"id":4,"title":5,"appLink":6,"body":7,"category":540,"description":541,"extension":542,"level":543,"meta":544,"navigation":545,"next":546,"path":547,"related":548,"seo":549,"stem":550,"tags":551,"__hash__":555,"_path":547},"docs/docs/analytics/reading-opportunity-scores.md","Reading Opportunity Scores","/analytics/opportunities",{"type":8,"value":9,"toc":515},"minimark",[10,14,25,30,36,42,45,48,102,106,117,122,127,133,137,142,146,151,157,161,166,170,177,205,209,218,221,225,231,235,240,245,249,255,261,267,271,278,282,288,292,297,301,306,310,320,398,402,406,426,430,436,442,448,453,459,463,468,471,476,479,484,487,491,499,503,511],[11,12,5],"h1",{"id":13},"reading-opportunity-scores",[15,16,17],"blockquote",{},[18,19,20,24],"p",{},[21,22,23],"strong",{},"Educational Content:"," This documentation explains how to interpret quantitative analysis and historical patterns. It is not investment advice or a recommendation to buy or sell any security. All trading involves risk. Past performance does not guarantee future results.",[26,27,29],"h2",{"id":28},"understanding-the-metrics","Understanding the Metrics",[18,31,32,35],{},[21,33,34],{},"Opportunity Score (0-100)"," measures pattern strength based on historical data.",[18,37,38,41],{},[21,39,40],{},"Confidence (0-100)"," indicates how many times the pattern has been observed.",[18,43,44],{},"Higher scores and confidence reflect stronger historical patterns.",[18,46,47],{},"Think of it like a weather forecast: a score of 85 is like \"90% chance of rain\" - it's based on historical patterns, not guarantees.",[49,50,55],"pre",{"className":51,"code":52,"language":53,"meta":54,"style":54},"language-mermaid shiki shiki-themes material-theme-lighter material-theme material-theme-palenight","graph LR\n    A[Market Events] --> B[Historical Analysis]\n    B --> C[Drivers Identified]\n    C --> D[Opportunity Score]\n    D --> E{Score + Confidence}\n    E -->|70+ & 60+| F[High Quality]\n    E -->|Other| G[Lower Quality]\n","mermaid","",[56,57,58,66,72,78,84,90,96],"code",{"__ignoreMap":54},[59,60,63],"span",{"class":61,"line":62},"line",1,[59,64,65],{},"graph LR\n",[59,67,69],{"class":61,"line":68},2,[59,70,71],{},"    A[Market Events] --> B[Historical Analysis]\n",[59,73,75],{"class":61,"line":74},3,[59,76,77],{},"    B --> C[Drivers Identified]\n",[59,79,81],{"class":61,"line":80},4,[59,82,83],{},"    C --> D[Opportunity Score]\n",[59,85,87],{"class":61,"line":86},5,[59,88,89],{},"    D --> E{Score + Confidence}\n",[59,91,93],{"class":61,"line":92},6,[59,94,95],{},"    E -->|70+ & 60+| F[High Quality]\n",[59,97,99],{"class":61,"line":98},7,[59,100,101],{},"    E -->|Other| G[Lower Quality]\n",[26,103,105],{"id":104},"overall-score-0-100","Overall Score: 0-100",[18,107,108,109,112,113],{},"The ",[21,110,111],{},"Overall Score"," is a single number that answers one question: ",[114,115,116],"em",{},"\"How strong is this trading opportunity right now?\"",[118,119,121],"h3",{"id":120},"score-ranges-what-they-mean","Score Ranges (What They Mean)",[123,124,126],"h4",{"id":125},"_70-100-very-strong","70-100: Very Strong",[18,128,129,132],{},[21,130,131],{},"What this means:"," Multiple strong historical patterns align. These setups show the most consistent historical relationships.",[123,134,136],{"id":135},"_50-70-strong","50-70: Strong",[18,138,139,141],{},[21,140,131],{}," Clear historical patterns present. Review the underlying drivers to understand what's creating the signal.",[123,143,145],{"id":144},"_30-50-moderate","30-50: Moderate",[18,147,148,150],{},[21,149,131],{}," Some historical patterns present, but signals are mixed or weaker. Requires deeper analysis.",[152,153,154],"warning",{},[18,155,156],{},"Moderate scores aren't bad - they just require more homework. Make sure you understand the drivers before acting on these.",[123,158,160],{"id":159},"below-30-weak","Below 30: Weak",[18,162,163,165],{},[21,164,131],{}," Historical patterns are weak or conflicting. Insufficient historical evidence for meaningful analysis.",[118,167,169],{"id":168},"what-goes-into-the-score","What Goes Into the Score?",[18,171,172,173,176],{},"The score aggregates ",[21,174,175],{},"all active drivers"," for that stock right now:",[178,179,180,187,193,199],"ul",{},[181,182,183,186],"li",{},[21,184,185],{},"Signal strength"," (correlation r-values)",[181,188,189,192],{},[21,190,191],{},"Pattern reliability"," (sample size n)",[181,194,195,198],{},[21,196,197],{},"Direction alignment"," (are drivers agreeing or conflicting?)",[181,200,201,204],{},[21,202,203],{},"Current market conditions"," (volatility, sector trends)",[26,206,208],{"id":207},"confidence-score-how-well-tested","Confidence Score: How Well-Tested?",[18,210,211,214,215],{},[21,212,213],{},"Confidence"," tells you how thoroughly we've tested this pattern. Think of it as the ",[114,216,217],{},"\"sample size quality check.\"",[18,219,220],{},"A score of 85 backed by 200 tests (high confidence) is far more reliable than a score of 85 backed by 35 tests (lower confidence).",[118,222,224],{"id":223},"high-confidence-60-100","High Confidence (60-100)",[18,226,227,230],{},[21,228,229],{},"Translation:"," This pattern has been verified 100+ times across many stocks and market conditions. Start here when learning the system.",[118,232,234],{"id":233},"lower-confidence-30-60","Lower Confidence (30-60)",[18,236,237,239],{},[21,238,229],{}," Pattern has 30-100 examples. Could be emerging signal or sector-specific.",[152,241,242],{},[18,243,244],{},"Verify the drivers make sense before trading. Lower confidence patterns might be real... or they might be statistical noise.",[118,246,248],{"id":247},"why-confidence-matters","Why Confidence Matters",[18,250,251,254],{},[21,252,253],{},"Sample Size Protection","\nA score of 85 backed by 200 tests (high confidence) is far more reliable than a score of 85 backed by 35 tests (lower confidence).",[18,256,257,260],{},[21,258,259],{},"Robustness Across Markets","\nHigh confidence means the pattern has worked in bull markets, bear markets, high volatility, and low volatility. It's battle-tested.",[18,262,263,266],{},[21,264,265],{},"Avoid False Positives","\nLow confidence patterns might be real... or they might be statistical noise. High confidence filters out the noise.",[26,268,270],{"id":269},"direction-bullish-bearish-or-neutral","Direction: Bullish, Bearish, or Neutral",[18,272,273,274,277],{},"Direction tells you ",[21,275,276],{},"which way the opportunity leans"," based on all active drivers.",[118,279,281],{"id":280},"bullish","Bullish",[18,283,284,287],{},[21,285,286],{},"What this indicates:"," Historical patterns suggest upward price movement correlation. Most active drivers show positive relationships with forward returns in the analyzed timeframe.",[118,289,291],{"id":290},"bearish","Bearish",[18,293,294,296],{},[21,295,286],{}," Historical patterns suggest downward price movement correlation. Most active drivers show negative relationships with forward returns in the analyzed timeframe.",[118,298,300],{"id":299},"neutral","Neutral",[18,302,303,305],{},[21,304,286],{}," Drivers show mixed signals or rangebound historical patterns. No clear directional bias in the historical data for this setup.",[26,307,309],{"id":308},"the-power-combo-score-confidence","The Power Combo: Score + Confidence",[311,312,313],"tip",{},[18,314,315,316,319],{},"Don't look at score alone. ",[21,317,318],{},"The best opportunities have BOTH high score and high confidence."," This combination means: strong pattern + well-tested = highest probability setup.",[321,322,323,341],"table",{},[324,325,326],"thead",{},[327,328,329,333,335,338],"tr",{},[330,331,332],"th",{},"Score",[330,334,213],{},[330,336,337],{},"Quality",[330,339,340],{},"Action",[342,343,344,359,372,385],"tbody",{},[327,345,346,350,353,356],{},[347,348,349],"td",{},"70+",[347,351,352],{},"60+",[347,354,355],{},"🔥 Best",[347,357,358],{},"Prioritize - highest quality setups",[327,360,361,364,366,369],{},[347,362,363],{},"50-70",[347,365,352],{},[347,367,368],{},"👍 Good",[347,370,371],{},"Solid - well-tested moderate strength",[327,373,374,376,379,382],{},[347,375,349],{},[347,377,378],{},"30-60",[347,380,381],{},"⚠️ Caution",[347,383,384],{},"High score, lower confidence - verify drivers",[327,386,387,390,392,395],{},[347,388,389],{},"30-50",[347,391,378],{},[347,393,394],{},"⏸️ Skip",[347,396,397],{},"Weak setup - not worth the risk",[26,399,401],{"id":400},"real-example-evaluating-an-opportunity","Real Example: Evaluating an Opportunity",[118,403,405],{"id":404},"nvda-nvidia-corporation","NVDA (NVIDIA Corporation)",[178,407,408,414,420],{},[181,409,410,413],{},[21,411,412],{},"Overall Score:"," 78",[181,415,416,419],{},[21,417,418],{},"Confidence:"," 72",[181,421,422,425],{},[21,423,424],{},"Direction:"," Bullish",[118,427,429],{"id":428},"step-by-step-evaluation","Step-by-Step Evaluation:",[18,431,432,435],{},[21,433,434],{},"1. Check the Score","\n78 = \"Very Strong\" range. This is a high-quality setup worth investigating.",[18,437,438,441],{},[21,439,440],{},"2. Check the Confidence","\n72 = \"High Confidence\" range. This pattern has been validated across many tests.",[18,443,444,447],{},[21,445,446],{},"3. Check the Direction","\nBullish = Look for long entries, calls, or bull spreads.",[18,449,450],{},[21,451,452],{},"4. Conclusion",[18,454,455,458],{},[21,456,457],{},"This is a \"Best\" quality opportunity."," High score (78), high confidence (72), clear direction (bullish). Click into the detail panel to review the top drivers and see what's creating this signal.",[26,460,462],{"id":461},"common-questions","Common Questions",[18,464,465],{},[21,466,467],{},"Q: What's a \"good\" score?",[18,469,470],{},"A: Focus on 70+ for strong opportunities. But always check confidence too - a score of 75 with confidence 65 is better than a score of 85 with confidence 35.",[18,472,473],{},[21,474,475],{},"Q: Can scores change during the day?",[18,477,478],{},"A: Yes. Scores update as new data arrives (insider filings, price action, etc.). Check morning and afternoon for changes.",[18,480,481],{},[21,482,483],{},"Q: Should I only trade 70+ scores?",[18,485,486],{},"A: Not necessarily. It depends on your strategy. Conservative traders stick to 70+/60+ combos. Aggressive traders might act on 50+ scores if other factors align. What matters is understanding what you're trading.",[26,488,490],{"id":489},"try-it-yourself","Try It Yourself",[18,492,493,494,498],{},"Ready to see these concepts in action? Open the ",[495,496,497],"a",{"href":6},"Opportunities Dashboard"," and filter for scores 70+ with confidence 60+. Review 3-5 opportunities and practice evaluating them using this guide.",[26,500,502],{"id":501},"next-steps","Next Steps",[18,504,505,506,510],{},"Now that you know how to read scores, learn about ",[495,507,509],{"href":508},"/docs/analytics/understanding-drivers","Understanding Drivers"," to see what creates these opportunities.",[512,513,514],"style",{},"html .light .shiki span {color: var(--shiki-light);background: var(--shiki-light-bg);font-style: var(--shiki-light-font-style);font-weight: var(--shiki-light-font-weight);text-decoration: var(--shiki-light-text-decoration);}html.light .shiki span {color: var(--shiki-light);background: var(--shiki-light-bg);font-style: var(--shiki-light-font-style);font-weight: var(--shiki-light-font-weight);text-decoration: var(--shiki-light-text-decoration);}html .default .shiki span {color: var(--shiki-default);background: var(--shiki-default-bg);font-style: var(--shiki-default-font-style);font-weight: var(--shiki-default-font-weight);text-decoration: var(--shiki-default-text-decoration);}html .shiki span {color: var(--shiki-default);background: var(--shiki-default-bg);font-style: var(--shiki-default-font-style);font-weight: var(--shiki-default-font-weight);text-decoration: var(--shiki-default-text-decoration);}html .dark .shiki span {color: var(--shiki-dark);background: var(--shiki-dark-bg);font-style: var(--shiki-dark-font-style);font-weight: var(--shiki-dark-font-weight);text-decoration: var(--shiki-dark-text-decoration);}html.dark .shiki span {color: var(--shiki-dark);background: var(--shiki-dark-bg);font-style: var(--shiki-dark-font-style);font-weight: var(--shiki-dark-font-weight);text-decoration: var(--shiki-dark-text-decoration);}",{"title":54,"searchDepth":68,"depth":68,"links":516},[517,518,522,527,532,533,537,538,539],{"id":28,"depth":68,"text":29},{"id":104,"depth":68,"text":105,"children":519},[520,521],{"id":120,"depth":74,"text":121},{"id":168,"depth":74,"text":169},{"id":207,"depth":68,"text":208,"children":523},[524,525,526],{"id":223,"depth":74,"text":224},{"id":233,"depth":74,"text":234},{"id":247,"depth":74,"text":248},{"id":269,"depth":68,"text":270,"children":528},[529,530,531],{"id":280,"depth":74,"text":281},{"id":290,"depth":74,"text":291},{"id":299,"depth":74,"text":300},{"id":308,"depth":68,"text":309},{"id":400,"depth":68,"text":401,"children":534},[535,536],{"id":404,"depth":74,"text":405},{"id":428,"depth":74,"text":429},{"id":461,"depth":68,"text":462},{"id":489,"depth":68,"text":490},{"id":501,"depth":68,"text":502},"analytics","Learn how to interpret opportunity scores, confidence levels, and what they mean for your trading decisions","md","beginner",{},true,"analytics/understanding-drivers","/docs/analytics/reading-opportunity-scores",[546],{"title":5,"description":541},"docs/analytics/reading-opportunity-scores",[552,540,553,554],"scores","getting-started","confidence","NKLHAdTTNrXMf5Whvu2M_Rj6B2yqacazBBbVFSvz7ug",1785812714526]