Does anyone know why the promoter is steadily selling?
Posts in category Value Pickr
Microcap momentum portfolio (23-06-2024)
Sir, Look back dates are 23/06/23 for 12 months & 22/12/23 for 6 months. I observed the difference was mainly on values in my file was due to earlier data pulled from google sheets which led to change in SD as well. Now i have updated all values as per your sheet and will check again next week while integrating with BHAV values.
However, there were no major difference in small cap momentum list .
Great articles to read on the web (23-06-2024)
Super Interesting and Informative.
Deep Dive into “Affordable Housing Finance” @ScientificInvesting | Smart Sync Services #investing
Smallcap momentum portfolio (23-06-2024)
Thank you sir, but you have earlier planned for changing weightage to 3:7
(12m: 6m), (and you have provided also) Which I think is better reference, as on backtest also should give better results.
As you can see when we pick the stock they r returning consolidation from their best, please if you could provide list based on that, if not possible then 2 separate lists, we will find results in max 4 weeks, we will continue whichever is better, thank you sir.
Sansera Engineering (23-06-2024)
Yes, I am aware of all these reasons why I mentioned the 51% stake but all this happened before the recent semiconductor packaging/assembly unit development in MMRFIC so post that development things should have positively changed for MMRFIC and so my question.
Action construction equipment ltd (23-06-2024)
I’m trying to understand the rationale of this?
- do they get access to higher product catalogue?
- do they get to utilise Kato’s global distribution network for distributing their own range?
- what’s the strategic rationale for JV?
Ishaan’s Longterm Portfolio (23-06-2024)
Ok. But even your hedge would depend on sufficient liquidity being available at that point of time. And I am not sure if there will be sufficient liquidity at a price which is so far away from the price of the underlying. What has been your experience?
DCX Systems Ltd (23-06-2024)
Mr Raghvendra has sold 15lac shares. The sale is for personal reasons for the family. The buyer is an institution. The institution has not announced it yet. Due to the QIP he had a freeze, which is now lifted, hence he’s decided to take a little money home. First time in all these years.
NCBG sale was a few days later. I don’t have information on this as yet.
Overall, not much of a concern. Large amounts have exchanged hands.
I’m keen to know who the buyer is.
Also keen to see how the order flow builds up this quarter.
Holding.
Smallcap momentum portfolio (23-06-2024)
@R_Sawkar Good that you asked so that I can provide an explanation.
In our strategy Z-score is not used to determine over bought or over sold condition. We use it for ranking purposes. As you know our main factor is momentum ratio, that is combination of price action and volatility. We are using two look back periods of 1y and 6m. We use equal weightage factors (though we could use different weightage), that is basically same as finding average of the two.
If the performance of the universe for different time periods is vastly different, finding average might not be a good solution. Instead by using Z-score, we are looking at the position of the scrip in the universe. We calculate Z-score on the momentum ratio and that is used for ranking.
When we calculate the average, we don’t calculate it on momentum ratio (that is the base factor on which ranking is done), but by using Z-score on momentum ratio.
Therefore, we don’t look at absolute numbers, but use Z-score in ranking our scrips for selection.
If you use one look back only, like 1y or 6m, you can do it just on momentum ratio and will not need to calculate Z-score.
PS: Another point you will notice is that all momentum stocks will have an RSI score of over 70, ie over bought condition. That is why we do not use this parameter to determine entry of stocks in our pf.
DCX Systems Ltd (23-06-2024)
i checked on trendlyne. At screenshot the quantity at NSE is 7.5 & at BSE it is also 7.5.