Warren Buffett advises being cautious when others are overly optimistic, and bold when others are overly pessimistic. This is commonly summarized as “be fearful when others are greedy, and greedy when others are fearful.” Megapro has developed a proprietary fear greed index called MegaFG to help investors gauge the overall sentiment of a stock. This index uses a sophisticated algorithm that combines multiple datasets to evaluate how the stock is performing in terms of fear and greed.
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