FTB-C000231 / Implementation concept

Eligible High-Low Universe

Eligible High-Low Universe is the point-in-time set of securities permitted to enter new-high and new-low calculations.

Also known ashigh-low eligible population

Intermediate 2 linked topicsPublished

Definitions

In plain terms

It excludes records that fail declared listing, security-type, price-history, or data-quality requirements.

Technical

Eligibility must be evaluated as of the measurement time and versioned with the universe and history sufficiency rules.

Scope

It is not automatically every symbol appearing in a vendor file.

Examples

  • A Fintech Builder lesson can compute or identify Eligible High-Low Universe only after declaring its inputs, timing, and edge-case rules.

Common misconceptions

  • It is not automatically every symbol appearing in a vendor file.

Concept relationships

Prerequisites

Related

Required by

Where this concept is used

Tutorials planned

These catalogued topics use this concept, but their complete build has not shipped yet.

  • D04-F03-A01 Important
  • D04-F03-A02 Important

Evidence and governance

  1. New 52-Week Highs and Lows for Exchanges StockCharts ChartSchool · secondary methodology

    Supports: preferred label, short definition, technical definition

    Limits: Provider symbols and eligibility rules may differ from another data vendor's point-in-time universe.

Reviewed by
fintech-builder-batch-005
Last reviewed
2026-07-27
Next review
2027-07-27
Record status
published
Written by

Fintech engineer building market-data and financial systems, and the author of every article, glossary record, and reference implementation on The Fintech Builder.