Invest Without Emotions
A lot of thick blue squares mean that positive correlations are high. Red squares mean negative correlations are high. Whites are the doldrums.
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:
50-day performance, from May 25, 2015 through July 31, 2015:
| Index | Signal | % From Peak | Day of Peak |
|---|---|---|---|
| CNX AUTO | SHORT |
6.10
|
2015-Jan-27
|
| CNX BANK | SHORT |
8.88
|
2015-Jan-27
|
| CNX COMMODITIES | SHORT |
29.07
|
2008-Jan-04
|
| CNX CONSUMPTION | SHORT |
0.00
|
2015-Jul-31
|
| CNX ENERGY | LONG |
27.48
|
2008-Jan-14
|
| CNX FMCG | SHORT |
6.17
|
2015-Feb-25
|
| CNX INFRA | LONG |
47.33
|
2008-Jan-09
|
| CNX IT | SHORT |
87.86
|
2000-Feb-21
|
| CNX MEDIA | SHORT |
16.68
|
2008-Jan-04
|
| CNX METAL | LONG |
61.25
|
2008-Jan-04
|
| CNX MNC | SHORT |
0.00
|
2015-Jul-31
|
| CNX NIFTY | SHORT |
5.15
|
2015-Mar-03
|
| CNX PHARMA | LONG |
10.69
|
2015-Apr-08
|
| CNX PSE | LONG |
24.77
|
2008-Jan-04
|
| CNX PSU BANK | SHORT |
36.53
|
2010-Nov-05
|
| CNX REALTY | LONG |
90.60
|
2008-Jan-14
|
| CNX SERVICE | SHORT |
6.10
|
2015-Mar-03
|
A lot of thick blue squares mean that positive correlations are high. Red squares mean negative correlations are high. Whites are the doldrums.
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:
50-day performance, from May 18, 2015 through July 24, 2015:
| Index | Signal | % From Peak | Day of Peak |
|---|---|---|---|
| CNX AUTO | LONG |
6.90
|
2015-Jan-27
|
| CNX BANK | SHORT |
9.34
|
2015-Jan-27
|
| CNX COMMODITIES | SHORT |
27.83
|
2008-Jan-04
|
| CNX CONSUMPTION | LONG |
0.49
|
2015-Jul-22
|
| CNX ENERGY | LONG |
25.60
|
2008-Jan-14
|
| CNX FMCG | SHORT |
8.93
|
2015-Feb-25
|
| CNX INFRA | SHORT |
46.63
|
2008-Jan-09
|
| CNX IT | LONG |
88.00
|
2000-Feb-21
|
| CNX MEDIA | LONG |
19.72
|
2008-Jan-04
|
| CNX METAL | SHORT |
60.84
|
2008-Jan-04
|
| CNX MNC | SHORT |
0.95
|
2015-Jul-16
|
| CNX NIFTY | LONG |
5.28
|
2015-Mar-03
|
| CNX PHARMA | LONG |
11.60
|
2015-Apr-08
|
| CNX PSE | LONG |
23.77
|
2008-Jan-04
|
| CNX PSU BANK | SHORT |
39.09
|
2010-Nov-05
|
| CNX REALTY | LONG |
90.87
|
2008-Jan-14
|
| CNX SERVICE | LONG |
6.07
|
2015-Mar-03
|
A lot of thick blue squares mean that positive correlations are high. Red squares mean negative correlations are high. Whites are the doldrums.