Capital Flow "First Share" Ups And Downs Rule Of The Great Secret

During the trading day, the capital flow of stock market reflects the evolution of the main funds and market hot spots at a time. The investors who favor and are good at trend operation mostly adjust the operation strategy of a period according to the capital flow. For this reason, some securities companies and financial media always disclose information about the flow of funds to investors when they provide investment services to customers after closing.

So, what are the characteristics and rules of these stocks? Investor Is there any need for participation? What problems should we pay attention to when buying and selling? Let's walk into a securities company, take a look at the closing bulletin and capital flow provided by the company, and track and study the stocks appearing in the "capital flow list", and finally find out the paths and answers to these problems.

The securities company will send a report on "closing briefing and capital flows" to customers in a timely manner after the close of each trading day, including the top 5 net capital inflows of the day and the top 5 stocks of net outflow of funds.

In order to facilitate tracking and convenient listing statistics of these listed stocks, only the first capital net inflow ranking and the first ranking capital outflow are selected as samples to track the underlying stocks. From October 27th to November 2nd, for 5 consecutive days, 2 "first shares" were selected every day, followed by 5 trading days separately until November 9th. On this basis, the collected data and information will be collected, compared and analyzed according to the pre designed form. The results of the study are reported below for investors' reference.

What kind of stock is most likely to become the "capital stock" of capital flows?

The largest share of the net capital inflow ranked first in the week before. The top 5 stocks rose above 10%, the largest 27.84%, the smallest 11.23%, averaging 19.87%.

The net outflow of funds ranked first in the stock market, on the contrary, most of the previous week's gains were not large, and some even fell. The 5 "outflow stocks" increased by 3 or 2, or no more than 10%, the largest 6.82%, the smallest -4.19%, averaging 2.19%, 17.68 percentage points lower than the average increase in the week before the "inflow of shares".

[operation hint] the rise and fall of stock prices can best reflect the stock market capital flow in a certain period of time. Investors should pay close attention to the signal and volume change of stock price when starting operation, especially the direction of capital flow. When the stock price is steadily pushed up and the net inflow of capital starts, it can be followed up quickly in the first place. Otherwise, it should be withdrawn in time, and the faster the reaction is, the better.

What is the difference between the "inflow" and "outflow" stocks on the list?

[up and down characteristics] on the day of the list, the net capital inflows ranked the first 5 stocks, all of which rose to an average level of 9.99% (see A3). This is due to the inflow of funds, resulting in short supply of stock, leading to stock trading. The first 5 stocks of the net outflow of capital rose and fell less (1 up 4), with no one trading limit, with an average fall of 2.37%.

[operation tips] on the day of the "inflow of stocks", the collective trading limit shows that this is the best buy point for Jiancang. If investors can buy smoothly on this day, the odds will be relatively large in the future. Similarly, the "outflow stocks" will rise and fall on the same day. This is a good time to reduce the stock. If investors can lighten up in time, it is no doubt a wise move. But the problem is that investors can only find the "top stock" after the close, or catch up in the market, but they will not be able to close at the close. Therefore, the actual operation is prudent.

Why will the first trading day be "polarized"?

The trend of the next day of trading is mostly very strong. The 5 "top stock" stocks have 4 trading restrictions, and only 1 have fallen, with an average gain of 7.63% and a 7.40 percentage point win over the index (the Shanghai Composite Index rose 0.23% over the same period).

Net capital outflows ranked first in stocks next Trading day More or less falls (3 down 2), down 0.88% on average. Although the Shanghai composite index was also down 4 or 1 over the same period, the decline was small, with an average increase of 0.23%, and the outflow share finally lost 1.11 percentage points.

[operation tips] the net capital inflow ranked first in the stock market. The first week and the first trading day together increased by an average of 27.50%. The original holders were lucrative, but the new interventionist not only failed to get a handsome return, but accumulated huge risks. In contrast, the first ranking stock of net outflow of capital was smaller than that of the previous week.
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Why does capital flow "top stock" just "look beautiful"?

Although the net capital inflows ranked No. 1, the average increase in the next trading day was as high as 7.63%, but the investors who wanted to participate were not so lucky because they could not buy in advance. If we buy at the opening price at the first time, the average increase will be only 1.82%. Although the index has a "advantage" of 1.59 percentage points, it will be as high as 5.81 percentage points as compared with the huge increase in the "inflow" stock market. From the perspective of individual stocks, although 5 "inflow stocks" have 2 open ended prices, they outperform the index over 5 percentage points, but 2 of them lose and 1 are only slightly surplus, with a 40% chance of winning.

If the net outflow of capital is ranked first, if the stock is bought at the opening price, it will decrease by 0.83% on average, but it will still lose 1.06 percentage points compared with the index. However, compared with the "-0.88%" of the "outflow" market, it will not only have no "water" but also fall by 0.05 percentage points.

[operation tips] from the opening price corresponding to the ups and downs and comparison with the index, the net capital inflow ranked first in the stock market, although it rose 7.40 percentage points higher in the next trading day, but this needs to be bought beforehand. It has no practical significance for investors who can not buy in advance, but for the investors who buy the price at the beginning, it is no doubt that it looks "beautiful". The actual rate of winning the index (1.59 percentage points) is far less than the 7.63% increase shown by the disk. "Outflow stocks" also exist the embarrassment of running index.

There is no maneuverability in the flow of capital to the top of the list

The performance of a trading day is inevitably biased. Let's take a look at the rise or fall of the week after the announcement. The research results showed that after the first capital stock came to the top, the next trading week showed a big increase (8.37%), even though the 2.99% increase in the same period of the same period, it still outperformed the index by 5.39 percentage points. But this is also just a representation. After deducting the inflated factor caused by high inflation (5.81 percentage points), it actually runs 0.42 percentage points.

The net outflow of funds ranked first in the stock market was even worse. In the next trading week, the stock market rose 2.99%, the adverse market fell 0.39%, and the big run loss index was 3.38 percentage points. Even after deducting 0.05 percentage points of the "negative water", it still lost 3.33 percentage points.

[operation tips] whether it was the largest inflow of net capital inflow in the first week of the list, or the "outflow share" ranked first in the net outflow of capital, it lost the index after deducting the "high inflation" factor. Therefore, in general, these stocks, especially the "top stock market", which are on the list of capital flows, including inflows and outflows, are not operable.

It is important to be good at low absorption and high throwing.

[characteristics of ups and downs] when collecting data and comprehensive analysis, it also found a secret: no matter the high spot of the market appeared. Topping stock "On the day of the first trading week, 5" inflow stocks "had 3 week highs in third trading days, accounting for 60%. Second, fourth trading days each had 1, none appeared in the first and the fourth trading days, and 80% in the week (5 of the" inflow stocks "4) appeared on the first trading day after the top list, and 1 on the fourth trading days.

As a matter of fact, 5 "outflow stocks" also have the same phenomenon: there are 3 week high points appearing on third trading days, accounting for 60%, while the other 2 high points have first, fifth trading days respectively. The low points in the week mostly appear in the two trading days at the beginning and the end of the week (2 each, 40%) respectively, accounting for 80% of the total, and only 3 appear in the 3 trading days in the middle.

[operation tips] if we do not rush to cash in the stock market, we may lose some short-term opportunities, but we can also avoid many unnecessary risks. Naturally, it is a rational and correct choice. For investors who are determined to take part in the operation of the "top stock", we can refer to the above rules and choose the first two trading days after the first trading day and the "outflow stocks" listed on the trading day with a relatively low probability of relatively low probability in the week, and use the low chance of buying them to buy the right amount (but they need to sell on the third day). For the investors who already hold the "top stock" before the listing, they should seize the rare chance of high throwing, whether it is the "inflow share" that holds the net inflow of capital ranking first, or the "outflow share" holding the first net outflow of capital, which can be sold on the third trading days after the listing.