No. of Recommendations: 4
gprc also includes adjustments for splits, aprc does not.
gprc, per se, is not an investable parameter. It is unique to GTR1.
aprc is based on gtoa.a and grpc. "gtoa.a's main purpose is detecting and correcting for stock splits"
Which seems to imply that aprc DOES account for splits.
(FWIW, I get dizzy trying to follow the field definitions in the GTR1 documentation.)
Regardless, ignoring splits would give a stock a *lower* computed momentum and would thus incorrectly exclude a strong stock rather than incorrectly include a weak stock.
It doesn't matter anyway. The results are virtually identical.
Here is using gprc:
Avg Min Max
CAGR: 24.737926 23.116436 26.071377
MDD: -73.0342 -77.28851 -69.429611
UI(252): 16.658768 13.004523 20.505390
Here is using aprc:
Avg Min Max
CAGR: 24.519554 22.958212 26.837484
MDD: -72.663345 -79.246208 -67.261589
UI(252): 14.280787 11.270746 19.41403
