Liquidmetal Technologies Inc (LQMT)

[chipboarder]

LQMT is a stock that doesn’t correlate statistically to any index or the market as a whole. I’m looking for a tool that can identify a “Ratchet stock” one that rises when the market goes up but doesn’t fall when the market retreats. This s like the Holy Grail and I’m looking for ideas. My initial thought is to calculate something like a “rising beta” and compare it to a “falling beta”. In this case, a good stock is one with beta of 1.5 when the S&P rises and a beta of 0.5 when the S&P falls….I’m looking for a tool…has anyone seen anything like this?

RRG…Relative Rotational Graphing from StockCharts is similar to what I’m looking for but not quite there yet.