FTB-C000230 / Formula component

Lookback Low

Lookback Low is the minimum eligible observation inside a declared trailing window.

Also known asrolling minimum

Definitions

In plain terms

For a 52-week low test, it is the lowest selected price found in the specified prior window.

Technical

A contract must define window length, session calendar, inclusion of the current observation, price field, and missing-data policy.

Scope

It is window-dependent and need not be an all-time record.

Formula

Lookback low = min(x over window W)
LaTeX: L_t=\min_{j\in W_t}x_j
SymbolMeaningUnit
xobserved valueinput unit
Wdeclared lookback windowsessions

Output unit: input unit

Examples

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

Common misconceptions

  • It is window-dependent and need not be an all-time record.

Concept relationships

Where this concept is used

Evidence and governance

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

    Supports: preferred label, short definition, technical definition, formula

    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
evidence reviewed

This record is evidence-reviewed and readable, but not yet promoted to published — it is served noindex,follow and excluded from the sitemap.