.netCHARTING v10.5 Documentation


dotnetCHARTING Namespace > FinancialEngine Class > Percentile50 Method : Percentile50(String,Series,ElementValue) Method
The name of the element which will be displayed on the chart, i.e. its label.
A financial series.
Specifies the particular element value (for example High, Low, Close or Open of the financial time series) which will be considered within this indicator evaluation. In particular, if you wish to use the element value high then you should pass the parameter High. In a similarly fashion if you wish to use the low, close or open, then you should pass the parameter Low, Close, Open, respectively.
Percentile50(String,Series,ElementValue) Method
Calculates the second percentile of the series.
Syntax
'Declaration
 
Public Overloads Shared Function Percentile50( _
   ByVal elementName As String, _
   ByVal s As Series, _
   ByVal elementValue As ElementValue _
) As Element
'Usage
 
Dim elementName As String
Dim s As Series
Dim elementValue As ElementValue
Dim value As Element
 
value = FinancialEngine.Percentile50(elementName, s, elementValue)
public static Element Percentile50( 
   string elementName,
   Series s,
   ElementValue elementValue
)

Parameters

elementName
The name of the element which will be displayed on the chart, i.e. its label.
s
A financial series.
elementValue
Specifies the particular element value (for example High, Low, Close or Open of the financial time series) which will be considered within this indicator evaluation. In particular, if you wish to use the element value high then you should pass the parameter High. In a similarly fashion if you wish to use the low, close or open, then you should pass the parameter Low, Close, Open, respectively.
Remarks
Recall that the percentile is the value such that at least interest-percent of the data set items are less than or equal to this value, or equivalently if at least (100-interest) percent of the items are greater than or equal to this value.

Remarks:

  1. The 50-th percentile is the measure of centrality of a data set known as the median. The median can also be evaluated using Median(String,Series,ElementValue).
  2. The 25-th, 50-th, 75-th percentiles are often referred to as the 1-st, 2-nd (median) and 3-rd quartile respectively. The term quartile refers to the fact that these three values will roughly divide the data set considered into four equal parts.

Requirements

Target Platforms: Windows 7, Windows Vista SP1 or later, Windows XP SP3, Windows Server 2008 (Server Core not supported), Windows Server 2008 R2 (Server Core supported with SP1 or later), Windows Server 2003 SP2

See Also