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Market Shares delivers:
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- a pathway to self controlled investing
Access to diverse features:
- company analysis, strategies & alerts
- a disciplined philosophy to investing
- lease your strategies for passive income
Why use Market Shares?
- easy to use, effective & decisive
- overpower fear, uncertainty & doubt
- match returns to your risk profile …more
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Market Shares Snapshot for Mon, 08 Feb 2010
Daily Information Categories
- Top 5 Strongest and Weakest Performers of the S&P/ASX 200 on 08/02/2010
Name Close $ Change $ % Independence Group NL 3.92 0.18 4.81 Riversdale Mining Lim... 7.20 0.23 3.30 Platinum Australia Li... 1.04 0.03 2.97 Whitehaven Coal Limited 4.60 0.13 2.91 Westpac Banking Corpo... 23.25 0.64 2.83 Name Close $ Change $ % Macquarie Countrywide... 0.60 -0.04 -6.25 Goodman Group 0.57 -0.03 -5.00 ING Industrial Fund 0.43 -0.02 -4.44 ING Office Fund 0.58 -0.03 -4.17 Asciano Group 1.67 -0.07 -3.75 - Market Momentums on 08/02/2010
ASX 100 (XTO) MACD RSI daily Sell Sell weekly Sell Buy monthly Buy Buy ASX 200 (XJO) MACD RSI daily Sell Sell weekly Sell Buy monthly Buy Sell All Ords (XAO) MACD RSI daily Sell Sell weekly Sell Buy monthly Buy Sell - Top 3 Highest and Lowest Performing Industry Sectors on 08/02/2010
Name Close Change # % Financial-x-Proper... (XXJ) 5258.00 41.80 0.80 Financials (XFJ) 4518.60 20.20 0.45 Materials (XMJ) 11601.80 45.40 0.39 Name Close Change # % Property Trusts (XPJ) 859.40 -12.90 -1.48 Telecommunication ... (XTJ) 1143.10 -9.60 -0.83 Industrials (XNJ) 3781.50 -23.10 -0.61
Term of the dayReturn on Sales (ROS) - Calculated for a particular industry or geographical segment. Returns are on a pre-tax basis unless otherwise noted. The total ROS figure is the weighted average ROS for all the segments.
Quote of the day“For me life is continuously being hungry. The meaning of life is not simply to exist, to survive, but to move ahead, to go up, to achieve, to conquer.” Arnold Schwarzenegger
Feature Spotlight
- What is this?
- A watchlist of companies that interest you. Multiple watchlists may be used each with criteria you choose. Tailoring criteria provides the focus you need, such as when to sell positions and when to buy prospects.
- Considerations
- When watching companies are you limited to viewing details of the current share price?
- Are you able to set Profile, Value, Risk and Momentum criteria that provide insights that are important to your buy and sell decisions?
- Opportunity
- Create your own watchlists with a choice of factors beyond a company's share price. Use multiple watchlists to focus the criteria on your buy and sell decisions.
- What is this?
- A visual overview of a share strategy's "back test" results that is included in the strategy autopsy summary. Also provided are benchmarks to the market and source indice or sector. The autopsy has details of the strategy positions, returns and trades.
- Considerations
- While past results of a share strategy are not assured into the future, do you at least know how a strategy fared before you start to invest? Performance is one consideration but what about risk, the activity levels or the total holdings required?
- Opportunity
- Construct your own share strategy from multiple selection criteria then carefully analyse its results. Why not register your strategy for others to lease and earn yourself income? Alternately, why not simply lease a strategy of your choice from the library.
- What is this?
- Peers of the current viewed company provide a comparison of a company to its S&P/ASX sector peers. Tailor your own preferred view or simply choose from a diverse range of comparison criteria or simply use the defaults.
- Considerations
- When investing, do you have insights to help judge that your choice stacks up against the company's competitors?
- Are you able to benchmark a company's Profile, Value, Risk and Momentum characteristics?
- Opportunity
- Choice can be valuable and provide options. The Peers list can be also be a final sanity check before the 'buy', 'hold' or 'sell' decision. Take a very measured view before investing by comparison of your target company to alternatives in the sector.
- What is this?
- A system generated plain English version of a share strategy composed from filters selected from drop down lists of a companies Profile, Value, Risk and Momentum characteristics. You need to be signed in to access it.
- Considerations
- Can you create strategies that pan the market to short list companies that have characteristics you like? Or are you restricted to a company by company "needle in a hay stack" search?
- Opportunity
- Create a strategy specifically designed to meet your preferences or lease from other subscribers' strategies that short list companies that fit your goals, risk reward and time horizon.
- What is this?
- A snapshot view of price direction and range of holdings across various recent periods which is used in combination with the accompanying data table to quickly appreciate what has happened to a company's share price.
- Considerations
- Are you comfortable with the company's price volatility?
- Can you fight the market flow?
- Are people prepared to sell at a loss?
- Opportunity
- Take account of momentum. Consider whether the average is closer to the maximum or minimum price. Be prepared to buy above the floor to avoid false starts. Market Shares enables you to factor in this consideration.
- What is this?
- A simple graph that provides and insight to the extent that shares on issue may be tightly held and a three year confirmation of shares available to the retail investor.
- Considerations
- Low proportion may suggest limited institutional interest. However a high proportion may cause market liquidity concerns.
- Can be an indicator of depth of research analysis (low institutional holdings are likely to result in limited research demand).
- Opportunity
- Use it as a profile tool to analyse institutional interest. Are you looking for companies that hold the interest of fund managers. Also use it as a risk containment feature to avoid purchasing a stock only to find you are holding it longer than desired.
- What is this?
- A comparison of price performance of the company to its sector index, the market and other companies of choice. It can be viewed for periods of 1 year with daily values, 3 years weekly and 5 years monthly, or all three graphs at once.
- Considerations
- When investing, is capital growth important to you?
- Are you able to benchmark growth of your target company?
- Opportunity
- Any company can experience short term growth hurdles but very measured consideration should be given to companies with a business model that struggles, over longer periods, to beat the market average. Market Shares enables you to factor in this consideration.
- What is this?
- A view of the strength of price direction and revision to earnings growth across various periods. A compelling tool regularly used by back office analysts of major financial institutions.
- Considerations
- Revision to earnings growth typically impacts share prices, but have they already been factored in by the market?
- Do the recent revisions to earnings growth support the company's current share price?
- Is the current share price sustainable?
- Opportunity
- Consider taking into account not only earnings growth changes but price momentum when selecting target companies.
- Market Shares enables you to do this.
- What is this?
- A chartists view of price momentum using a Relative Strength Index graph, including a buy/sell trigger, across a choice of periods, with alternate comparison. Market Shares uses a unique enhancement to analyse the individuality of a company's momentum history.
- Considerations
- Can you realistically pick the bottoms for buys and peaks for sells?
- Is there unusual momentum volatility?
- Do charting triggers enhance decision making?
- Opportunity
- Shares respond to fundamentals; what they are really worth, and market sentiment; which chartists attempt to capture. Identify buy and sell opportunities for companies that don't always follow typical momentum trends. Market Shares enables you to back test the effectiveness of your chosen momentum trigger.
- What is this?
- Historical profile of share price performance, benchmarked against the company index and the market, with a choice of periods. Market Shares provides graphs which analyse a company's performance in specific macro economic cycles.
- Considerations
- Is your target company better suited to some market cycles then others?
- In which market cycles has your target company outperformed its sector?
- Is it insensitive to cycles?
- Opportunity
- The performance of indices and fit of company business models can vary across cycles in economic growth, interest rates, inflation, and bull or bear markets. Market Shares can filter on such factors, singularly or in combination.
- What is this?
- A quick reference to an historical comparison of company PE's, with benchmarks to the current market PE and to the company's sector index.
- Considerations
- Does the company's current PE represent fair value compared with historical values or is it defying gravity in comparison to its index?
- Is the company's current PE sustainable?
- Has the company been re-rated by the market?
- Opportunity
- There's an abundance of valuation models, but the market equates all back to PE's. Fair value is not about high or low PE's, it's about the market's assessment. Market Shares provides a reference tool with a choice of PE filters to enable the subscriber to self determine the fair value of company's current share price.
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Base financial data and research provided by Aspect Huntley
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