Index Update 18.04.2015

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 2015-04-15 png

index momentum best 50 2015-04-15 png

index momentum worst 365 2015-04-15 png

index momentum worst 50 2015-04-15 png

Refactored Index Performance

50-day performance, from February 03, 2015 through April 17, 2015:

Equally Weighted Market Cap. Weighted
CNX FMCG (EQUAL) +9.94% CNX PHARMA (CAP) +5.90%
CNX IT (EQUAL) +4.64% CNX INFRA (CAP) +1.64%
NI15 (EQUAL) +3.39% NI15 (CAP) +1.27%
CNX CONSUMPTION (EQUAL) +1.76% CNX FMCG (CAP) +1.24%
CNX PSE (EQUAL) -0.52% CNX CONSUMPTION (CAP) +0.19%
CNX ENERGY (EQUAL) -0.78% CNX MNC (CAP) -0.46%
CPSE INDEX (EQUAL) -0.92% CNX IT (CAP) -1.19%
CNX INFRA (EQUAL) -0.97% CNX PSE (CAP) -1.46%
CNX AUTO (EQUAL) -1.28% LIX15 Midcap (CAP) -1.51%
CNX MNC (EQUAL) -1.36% CNX ENERGY (CAP) -1.53%
CNX COMMODITIES (EQUAL) -1.50% CNX METAL (CAP) -1.80%
CNX PHARMA (EQUAL) -1.65% CNX COMMODITIES (CAP) -1.88%
CNX MEDIA (EQUAL) -2.11% CNX SERVICE (CAP) -1.91%
CNX SERVICE (EQUAL) -2.59% CNX AUTO (CAP) -2.70%
CNX METAL (EQUAL) -2.95% CPSE INDEX (CAP) -2.82%
LIX15 Midcap (EQUAL) -2.99% CNX FINANCE (CAP) -3.43%
CNX FINANCE (EQUAL) -3.93% NV20 (CAP) -3.84%
CNX REALTY (EQUAL) -4.17% CNX PSU BANK (CAP) -4.89%
NV20 (EQUAL) -4.30% CNX REALTY (CAP) -5.09%
CNX BANK (EQUAL) -4.72% CNX BANK (CAP) -5.39%
LIX 15 (EQUAL) -5.42% LIX 15 (CAP) -6.05%
CNX PSU BANK (EQUAL) -7.84% CNX MEDIA (CAP) -6.91%