FTB-C000404 / Formula component

Loss Magnitude

Loss Magnitude is the positive magnitude of a negative close-to-close change and is zero when the change is nonnegative.

Also known asRSI loss

Definitions

In plain terms

It represents downward movement as a nonnegative series so average loss can enter a ratio cleanly.

Technical

The implementation freezes equality, input precision, missing changes, adjustment basis, and chronological order.

Scope

Loss magnitude is positive when price falls; it is not stored as a negative number.

Formula

Loss_t = max(-Change_t, 0)
LaTeX: L_t=\max(-\Delta C_t,0)
SymbolMeaningUnit
Change_tclose-to-close changeprice

Output unit: price

Examples

  • A governed lesson calculates or identifies Loss Magnitude only after its inputs, window, state, scale, and edge cases are declared.

Common misconceptions

  • Loss magnitude is positive when price falls; it is not stored as a negative number.

Concept relationships

Where this concept is used

Evidence and governance

  1. Relative Strength Index TA-Lib · first party technical publication

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

    Limits: Seed, flat-series behavior, unstable periods, and platform compatibility must be frozen before claiming parity.

Reviewed by
fintech-builder-batch-008
Last reviewed
2026-07-29
Next review
2027-07-29
Record status
published