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Thursday, 08/21/2014 4:48:20 AM

Thursday, August 21, 2014 4:48:20 AM

Post# of 2804248
Compensated Awareness Post View Disclaimer
The ulcer index is a stock market risk measure or technical analysis indicator devised by Peter Martin in 1987,[1] and published by him and Byron McCann in their 1989 book The Investors Guide to Fidelity Funds. It's designed as a measure of volatility, but only volatility in the downward direction, i.e. the amount of drawdown or retracement occurring over a period.

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