Index Update 28.03.2015

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.

You can see how the momentum algorithm has performed on individual stocks here.

Here are the best and the worst sub-indices:

index momentum best 365 2015-03-27 png

index momentum best 50 2015-03-27 png

index momentum worst 365 2015-03-27 png

index momentum worst 50 2015-03-27 png

Refactored Index Performance

50-day performance, from January 15, 2015 through March 27, 2015:

Equally Weighted Market Cap. Weighted
CNX PHARMA (EQUAL)) +12.28% CNX PHARMA (CAP)) +16.54%
CNX MNC (EQUAL)) +6.93% CNX MNC (CAP)) +9.64%
CNX IT (EQUAL)) +4.37% CNX IT (CAP)) +6.67%
NI15 (EQUAL)) +3.53% CNX REALTY (CAP)) +4.27%
CNX FMCG (EQUAL)) +3.45% CNX INFRA (CAP)) +3.50%
CNX CONSUMPTION (EQUAL)) -0.54% NI15 (CAP)) +3.42%
CNX AUTO (EQUAL)) -1.27% CNX AUTO (CAP)) +1.47%
CNX INFRA (EQUAL)) -1.67% CNX SERVICE (CAP)) +1.44%
CNX REALTY (EQUAL)) -2.88% CNX FINANCE (CAP)) -0.45%
CNX ENERGY (EQUAL)) -3.32% CNX FMCG (CAP)) -2.77%
CNX COMMODITIES (EQUAL)) -3.42% LIX 15 (CAP)) -2.87%
CNX PSE (EQUAL)) -4.20% CNX CONSUMPTION (CAP)) -3.04%
CNX SERVICE (EQUAL)) -4.78% CNX BANK (CAP)) -3.76%
LIX 15 (EQUAL)) -5.56% NV20 (CAP)) -4.54%
CPSE INDEX (EQUAL)) -5.81% CNX PSE (CAP)) -5.03%
CNX MEDIA (EQUAL)) -6.10% CNX COMMODITIES (CAP)) -5.44%
CNX FINANCE (EQUAL)) -6.22% LIX15 Midcap (CAP)) -5.65%
NV20 (EQUAL)) -8.46% CNX ENERGY (CAP)) -5.93%
LIX15 Midcap (EQUAL)) -8.80% CPSE INDEX (CAP)) -8.62%
CNX BANK (EQUAL)) -11.64% CNX MEDIA (CAP)) -10.06%
CNX METAL (EQUAL)) -12.80% CNX METAL (CAP)) -15.23%
CNX PSU BANK (EQUAL)) -25.48% CNX PSU BANK (CAP)) -21.48%