Enhanced Functionality - Available September 2003 - Logical Information Machines (LIM) is pleased to announce an upgrade to the MIMIC Software, a user friendly research software program for creating graphs and tables of historical data.

Weekly and Quarterly Averages

In addition to monthly averages, MIMIC is now able to chart weekly and quarterly averages. Simply make your selection from the Time Units pull-down window.

The weekly average gives you a weekly average of values in the date range. For 5 day trade pattern data, the weekly average values are returned every day of the week if you select "daily" execution units or once a week on Fridays if you select "weekly" execution units. The weekly average is a 5 day average - Monday through Friday.

For a seven day trade pattern series, a seven day average from Monday to Sunday is returned every day of the week if you select "daily" execution units or once a week on Saturdays if you select "weekly" execution units.

The default weekly average calculation can be changed using the missing data NaNs option to address any missing data. If you prefer to return weekly average results on a weekly basis on a different day of the week (other than Friday) or if you want to calculate the average differently at weekends rather than during the week or over a different start and end day than Monday to Friday (or Monday to Sunday), please ask for advice from the LIM customer support team.

The quarterly average shows the average of values during the current quarter returned on a daily basis if the execution units are set to "daily". The results will show once a quarter on the last day of the quarter if you choose "quarterly" execution units.

To view all the enhancements made to MIMIC Release, please see the document MIMIC Product News. For a complete list of enhancements and bug fixes, please see the Developer's Release Notes.