Category: Money Tips Date: 2006-05-22
The recent positive changes occurred in the market, mainly reflected in two aspects, one market and policy formation, resonance effects, the market is expected to further uncertainty. On the other hand, significantly larger volume, there are signs of external capital into the market, the corresponding afternoon Quotes laid a sound development of the main tone. Quotes from recent development, the oversold cap, lower-performance groups, very active, of course, there are some oversold cap, lower in the market has not yet been fully excavated species, and these stocks may have a certain degree of compensatory growth opportunities.
We set three conditions to the relatively weak recent performance statistics between the two cities of the oversold cap, lower: 1, to meet the low-cost definition --- August 10 closing price of the stocks at 4 yuan; 2 to meet the ultra - The Shanghai Composite Index fell defined --- June 9 Mogao appeared in shock after the 1146-point plunge in future, to July 19 the lowest test a low 1004 points, or 11.51 percent, during the same period in index stocks fell more than decreases in species ; 3, to meet the definition of the performance of weaker --- Shanghai Composite Index from July 20 started the rally, as of August 10, rebound margin of 14.89 percent, in the oversold rally cap, lower-margin than the same period in the broader market or the. Of course, of which a quarter of this year's results exclude a loss of stocks, because we believe that if the operating loss, even a cheap oversold investment value is not great. Statistics show that has not yet been fully excavated oversold market cap, lower with 73. The preliminary statistics show that, once Shanghai and Shenzhen stocks are nearly 1000 cap, lower category, which means that, in a recent rally, the vast majority oversold cap, lower outperform the broader market over the same period. In fact, ST Fenghua has doubled, while a large number of oversold rally cap, lower by more than 30% or even more than 50%, corresponding oversold market cap, lower-has also become a big winner in the recent rally.
With the development of the rally, more and more money will be put into active operation of the market and going, these funds will not go chasing those gains have been large variety, but will continue to tap the recent weak performance of the oversold cap, lower - in order to give short-term compensatory growth opportunities.
We can also bring these outstanding oversold rally cap, lower-divided into three categories: one is already below the per share net asset stocks, such as Sichuan Changhong, the Kyrgyz electricity shares, Jianghuai Engine, etc.. Good fundamentals of these companies, the stock fell below net asset per share investment value after the emergence of investment opportunities with the center line. The second is a blue chip varieties are typical Bayi Iron & Steel, Anyang Iron & Steel, Wuhan Steel shares, Baotou Aluminum, Ankai and so on, these stocks are cyclical in nature the majority of blue chips, with a portfolio differences of opinion, the recent of these species have not been market the active pursuit. However, with the further development of the rally, the Fund will conduct an active operation Thursday Awkwardness of some funds have been strong signs of heavy volume, afternoon these low-priced market, oversold blue chips will also be concerned about the rise in the opportunity to face some. Third, other types of oversold cap, lower cap, lower Quotes with the oversold level of activity on the rise, these recent performance cap, lower the relative weakness of the oversold market funds may also carried out under the heavy volume compensatory growth tilt Quotes , but the number of active stocks with a certain amount of speculative investors in the operation to have a certain sense of risk.
