● relative strength — leadership vs SPY, real returns

Is it leading or lagging the market?

The name's total return minus SPY's over 1, 3, 6 and 12 months from real daily closes — a relative return that is positive when it outperforms the market and negative when it lags. A recency-weighted blend gives one leadership read, and the short-vs-long comparison shows whether that leadership is accelerating.

NVDAvs SPY · 501 real sessions

Blended RS

-1.07pt

recency-weighted vs SPY

Leadership

in-line

vs the market

Trend

fading

short vs long horizon

Relative strength by horizon · NVDA return − SPY return

-1.28

-3.68

+3.07

12m

-0.73

Relative strength = the name's total return minus SPY's over each window, on real daily closes. A positive value is outperformance (green); negative is lagging (red). Your decisions, your risk.