Index Update 14.03.2015

MOMENTUM

We run our proprietary momentum scoring algorithm on indices just like we do on stocks. You can use the momentum scores of sub-indices to get a sense for which sectors have the wind on their backs and those that are facing headwinds.

Traders can pick their longs in sectors with high short-term momentum and their shorts in sectors with low momentum. Investors can use the longer lookback scores to position themselves using our re-factored index Themes.

Here are the best and the worst sub-indices:

index momentum best 365 2015-03-13 png

index momentum best 50 2015-03-13 png

index momentum worst 365 2015-03-13 png

index momentum worst 50 2015-03-13 png

Refactored Index Performance

50-day performance, from January 01, 2015 through March 13, 2015:

Equally Weighted Market Cap. Weighted
CNX IT (EQUAL) +14.45% CNX PHARMA (CAP) +15.84%
CNX MNC (EQUAL) +13.13% CNX MNC (CAP) +14.23%
CNX FMCG (EQUAL) +11.90% CNX REALTY (CAP) +11.50%
CNX PHARMA (EQUAL) +11.21% CNX IT (CAP) +9.80%
NI15 (EQUAL) +9.58% CNX INFRA (CAP) +7.65%
CNX REALTY (EQUAL) +9.07% NI15 (CAP) +6.30%
CNX AUTO (EQUAL) +5.96% CNX SERVICE (CAP) +5.46%
CNX CONSUMPTION (EQUAL) +4.28% CNX AUTO (CAP) +4.96%
CNX INFRA (EQUAL) +2.93% CNX FINANCE (CAP) +4.07%
CNX SERVICE (EQUAL) +0.89% CNX FMCG (CAP) +3.20%
CNX COMMODITIES (EQUAL) +0.21% LIX 15 (CAP) +1.96%
CNX FINANCE (EQUAL) -0.20% CNX CONSUMPTION (CAP) +1.22%
CNX ENERGY (EQUAL) -0.72% CNX BANK (CAP) +0.16%
LIX 15 (EQUAL) -0.81% NV20 (CAP) -0.62%
CNX PSE (EQUAL) -1.44% LIX15 Midcap (CAP) -1.37%
CPSE INDEX (EQUAL) -2.02% CNX PSE (CAP) -1.42%
NV20 (EQUAL) -3.31% CNX COMMODITIES (CAP) -1.90%
LIX15 Midcap (EQUAL) -3.74% CNX ENERGY (CAP) -2.31%
CNX MEDIA (EQUAL) -4.96% CPSE INDEX (CAP) -5.37%
CNX BANK (EQUAL) -5.73% CNX MEDIA (CAP) -7.19%
CNX METAL (EQUAL) -11.19% CNX METAL (CAP) -11.55%
CNX PSU BANK (EQUAL) -20.20% CNX PSU BANK (CAP) -15.25%