What Do High, Medium and Low Impact Mean on Event Calendar?

On Event Calendar in the Pluang app, an event's impact level shows how much it could move the market as a whole. The test is whether an event can move a whole index or an entire asset class, not just one stock. High impact covers events such as the US Federal Reserve (FOMC) rate decision, US CPI inflation or Bank Indonesia's policy rate decision, plus earnings from the very largest companies. Medium impact covers events such as FOMC minutes, retail sales or earnings from other large-cap companies, and Low impact covers events such as weekly jobless claims, FX reserves and most single-company earnings. High-impact events are marked with impact bars in the list, and you can show only those events with the High Impact filter on the Calendar page. Corporate actions are tiered differently, by whether you need to act. An impact level describes how big a potential move could be, in either direction; it is not a prediction and not a buy or sell signal.

• How impact is decided: The question is whether an event can move a whole index or asset class, not only one stock. The lists below are examples only; Pluang reviews them periodically.
• High impact, US: FOMC rate decision, US CPI, US PCE, US non-farm payrolls, US advance GDP, Fed chair testimony, and earnings from mega-caps such as Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta and Tesla.
• High impact, Indonesia: Bank Indonesia policy rate decision, Indonesia inflation (CPI), Indonesia GDP, and earnings from the heaviest IHSG constituents, such as the big banks.
• Medium impact: FOMC minutes, ISM PMI, retail sales, trade balance, earnings from other large-cap companies, and LQ45 or IDX30 index rebalancing.
• Low impact: Weekly jobless claims, FX reserves, most single-company earnings and a single company's RUPS.
• Impact bars: Only High-impact events show impact bars in the list. They appear alongside the row's label, such as HELD or WATCHLIST, if it has one. Medium and Low events have no bars.
• High Impact filter: On the Calendar page (open Explore, tap Discover, then the Calendar tab, then tap See all), turn on High Impact to show only high-impact events.
• Corporate actions: These are tiered by whether you need to act. A rights issue ranks highest because you must decide what to do; a dividend or stock split changes your position on its own; a RUPS (shareholders' meeting) changes nothing in your holding. Because of this different scale, the High Impact filter is hidden when Corporate Action is selected as the event type.

Related questions:

Q: Does High impact mean the price will go up or down?
No. High impact means the event has the potential to cause a large market move, in either direction. It does not predict which way prices will go, or whether they will move at all. It is not a buy or sell signal, and any decision to trade is your own.

Q: Why is my stock's earnings marked Low impact?
Impact measures whether an event can move a whole index or asset class, not how much it matters to one company's shareholders. On that test, most single-company earnings are Low impact, earnings from other large-cap companies are usually Medium, and only the earnings of the very largest companies, such as US mega-caps or the heaviest IHSG constituents, are High. A Low rating does not mean the report is unimportant for your stock.

Q: Why can't I filter corporate actions by impact?
Corporate actions are tiered by whether you need to act, not by how much they could move the market, so the High Impact filter doesn't apply to them. When you select Corporate Action as the event type, the High Impact filter is hidden. You can narrow the list by corporate-action type instead, such as Dividend or Stock Split.

Q: Can an event's impact level change?
Yes. The lists of which events count as High, Medium or Low are reviewed periodically, so an event type or a company can move between levels over time. Event Calendar shows the level that applies at the time.