{"id":2044771,"date":"2016-03-01T10:25:09","date_gmt":"2016-03-01T04:55:09","guid":{"rendered":"http:\/\/stockviz.biz\/index.php\/?p=2044771"},"modified":"2016-03-01T10:25:09","modified_gmt":"2016-03-01T04:55:09","slug":"monthly-recap-winter","status":"publish","type":"post","link":"https:\/\/stockviz.biz\/index.php\/2016\/03\/01\/monthly-recap-winter\/","title":{"rendered":"Monthly Recap: Winter"},"content":{"rendered":"

\"world.2016-01-29.2016-02-29\"<\/p>\n

Equities<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n
Major<\/th>\n<\/tr>\n<\/thead>\n
DAX(DEU)<\/a><\/td>\n-3.09%<\/span><\/td>\n<\/tr>\n
CAC(FRA)<\/a><\/td>\n-1.44%<\/span><\/td>\n<\/tr>\n
UKX(GBR)<\/a><\/td>\n+0.22%<\/span><\/td>\n<\/tr>\n
NKY(JPN)<\/a><\/td>\n-9.14%<\/span><\/td>\n<\/tr>\n
SPX(USA)<\/a><\/td>\n+0.40%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\n\n\n\n\n\n\n\n\n
MINTs<\/th>\n<\/tr>\n<\/thead>\n
JCI(IDN)<\/a><\/td>\n+3.52%<\/span><\/td>\n<\/tr>\n
INMEX(MEX)<\/a><\/td>\n+2.41%<\/span><\/td>\n<\/tr>\n
NGSEINDX(NGA)<\/a><\/td>\n+2.74%<\/span><\/td>\n<\/tr>\n
XU030(TUR)<\/a><\/td>\n+3.56%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\n\n\n\n\n\n\n\n\n\n
BRICS<\/th>\n<\/tr>\n<\/thead>\n
IBOV(BRA)<\/a><\/td>\n+6.39%<\/span><\/td>\n<\/tr>\n
SHCOMP(CHN)<\/a><\/td>\n-1.50%<\/span><\/td>\n<\/tr>\n
NIFTY(IND)<\/a><\/td>\n-7.62%<\/span><\/td>\n<\/tr>\n
INDEXCF(RUS)<\/a><\/td>\n+3.10%<\/span><\/td>\n<\/tr>\n
TOP40(ZAF)<\/a><\/td>\n-0.60%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n
\n
\n
\n

Commodities<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n\n
Energy<\/th>\n<\/tr>\n<\/thead>\n
Brent Crude Oil<\/td>\n+5.42%<\/span><\/td>\n<\/tr>\n
RBOB Gasoline<\/td>\n+20.16%<\/span><\/td>\n<\/tr>\n
WTI Crude Oil<\/td>\n+0.57%<\/span><\/td>\n<\/tr>\n
Ethanol<\/td>\n-2.68%<\/span><\/td>\n<\/tr>\n
Heating Oil<\/td>\n+3.61%<\/span><\/td>\n<\/tr>\n
Natural Gas<\/td>\n-25.63%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\n\n\n\n\n\n\n\n\n\n
Metals<\/th>\n<\/tr>\n<\/thead>\n
Copper<\/td>\n+1.94%<\/span><\/td>\n<\/tr>\n
Palladium<\/td>\n+0.74%<\/span><\/td>\n<\/tr>\n
Platinum<\/td>\n+7.21%<\/span><\/td>\n<\/tr>\n
Gold 100oz<\/td>\n+11.54%<\/span><\/td>\n<\/tr>\n
Silver 5000oz<\/td>\n+4.93%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n
\n

Currencies<\/h3>\n

USDEUR<\/a>:-0.50% <\/span> USDJPY<\/a>:-7.25% <\/span><\/p>\n

\n
\n\n\n\n\n\n\n\n\n
MINTs<\/th>\n<\/tr>\n<\/thead>\n
USDIDR(IDN)<\/a><\/td>\n-2.92%<\/span><\/td>\n<\/tr>\n
USDMXN(MEX)<\/a><\/td>\n+0.11%<\/span><\/td>\n<\/tr>\n
USDNGN(NGA)<\/a><\/td>\n+0.10%<\/span><\/td>\n<\/tr>\n
USDTRY(TUR)<\/a><\/td>\n+0.22%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\n\n\n\n\n\n\n\n\n\n
BRICS<\/th>\n<\/tr>\n<\/thead>\n
USDBRL(BRA)<\/a><\/td>\n+0.07%<\/span><\/td>\n<\/tr>\n
USDCNY(CHN)<\/a><\/td>\n-0.53%<\/span><\/td>\n<\/tr>\n
USDINR(IND)<\/a><\/td>\n+0.93%<\/span><\/td>\n<\/tr>\n
USDRUB(RUS)<\/a><\/td>\n-0.89%<\/span><\/td>\n<\/tr>\n
USDZAR(ZAF)<\/a><\/td>\n-0.25%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Agricultural<\/th>\n<\/tr>\n<\/thead>\n
Cattle<\/td>\n+3.18%<\/span><\/td>\n<\/tr>\n
Feeder Cattle<\/td>\n+1.22%<\/span><\/td>\n<\/tr>\n
Lean Hogs<\/td>\n+6.19%<\/span><\/td>\n<\/tr>\n
White Sugar<\/td>\n+0.02%<\/span><\/td>\n<\/tr>\n
Coffee (Robusta)<\/td>\n+0.51%<\/span><\/td>\n<\/tr>\n
Corn<\/td>\n-4.78%<\/span><\/td>\n<\/tr>\n
Lumber<\/td>\n+5.88%<\/span><\/td>\n<\/tr>\n
Soybeans<\/td>\n-2.98%<\/span><\/td>\n<\/tr>\n
Wheat<\/td>\n-6.37%<\/span><\/td>\n<\/tr>\n
Cocoa<\/td>\n+10.09%<\/span><\/td>\n<\/tr>\n
Cotton<\/td>\n-4.85%<\/span><\/td>\n<\/tr>\n
Coffee (Arabica)<\/td>\n-3.26%<\/span><\/td>\n<\/tr>\n
Orange Juice<\/td>\n-9.50%<\/span><\/td>\n<\/tr>\n
Soybean Meal<\/td>\n-4.92%<\/span><\/td>\n<\/tr>\n
Sugar #11<\/td>\n+9.12%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n

Credit Indices<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Index<\/th>\nChange<\/th>\n<\/tr>\n<\/thead>\n
Markit CDX EM<\/td>\n+0.27%<\/span><\/td>\n<\/tr>\n
Markit CDX NA HY<\/td>\n-0.58%<\/span><\/td>\n<\/tr>\n
Markit CDX NA IG<\/td>\n+7.19%<\/span><\/td>\n<\/tr>\n
Markit iTraxx Asia ex-Japan IG<\/td>\n+5.66%<\/span><\/td>\n<\/tr>\n
Markit iTraxx Australia<\/td>\n+15.41%<\/span><\/td>\n<\/tr>\n
Markit iTraxx Europe<\/td>\n+9.54%<\/span><\/td>\n<\/tr>\n
Markit iTraxx Europe Crossover<\/td>\n+45.82%<\/span><\/td>\n<\/tr>\n
Markit iTraxx Japan<\/td>\n+12.00%<\/span><\/td>\n<\/tr>\n
Markit MCDX (Municipal CDS)<\/td>\n+3.25%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\nJan and Feb saw a wave of volatility hit pretty much every asset class. Diversification provided scant protection in wave-after-wave of selling across world markets and asset classes. Hopefully the great purge is done and we can look forward to better days ahead…\n<\/div>\n<\/div>\n

International ETFs (USD)<\/h3>\n

\"global.etf.performance.2016-01-29.2016-02-29\"<\/p>\n

Nifty Heatmap<\/h3>\n

\"NIFTY<\/p>\n

Index Returns<\/h3>\n

\"index.performance.2016-01-29.2016-02-29\"<\/p>\n

Market Cap Decile Performance<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Decile<\/th>\nMkt. Cap.<\/th>\nAdv\/Decl<\/th>\n<\/tr>\n<\/thead>\n
1 (micro)<\/td>\n-22.65%<\/span><\/td>\n46\/80<\/td>\n<\/tr>\n
2<\/td>\n-19.11%<\/span><\/td>\n29\/96<\/td>\n<\/tr>\n
3<\/td>\n-20.26%<\/span><\/td>\n31\/95<\/td>\n<\/tr>\n
4<\/td>\n-17.46%<\/span><\/td>\n30\/95<\/td>\n<\/tr>\n
5<\/td>\n-16.40%<\/span><\/td>\n31\/95<\/td>\n<\/tr>\n
6<\/td>\n-15.09%<\/span><\/td>\n37\/88<\/td>\n<\/tr>\n
7<\/td>\n-12.49%<\/span><\/td>\n42\/84<\/td>\n<\/tr>\n
8<\/td>\n-12.19%<\/span><\/td>\n34\/91<\/td>\n<\/tr>\n
9<\/td>\n-11.15%<\/span><\/td>\n50\/76<\/td>\n<\/tr>\n
10 (mega)<\/td>\n-6.23%<\/span><\/td>\n63\/63<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\nMid- small- and micro-caps bore the brunt…\n<\/div>\n<\/div>\n

Top Winners and Losers<\/h3>\n
\n
\n\n\n\n\n\n\n\n
MARICO<\/a><\/td>\n+6.81%<\/span><\/td>\n<\/tr>\n
BHARTIARTL<\/a><\/td>\n+8.83%<\/span><\/td>\n<\/tr>\n
EICHERMOT<\/a><\/td>\n+14.23%<\/span><\/td>\n<\/tr>\n
BHEL<\/a><\/td>\n-34.50%<\/span><\/td>\n<\/tr>\n
PNB<\/a><\/td>\n-22.23%<\/span><\/td>\n<\/tr>\n
AUROPHARMA<\/a><\/td>\n-21.41%<\/span><\/td>\n<\/tr>\n<\/table>\n<\/div>\n
\nEicher Motors emerged a big winner…\n<\/div>\n<\/div>\n

ETF Performance<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n
GOLDBEES<\/a><\/td>\n+9.31%<\/span><\/td>\n<\/tr>\n
JUNIORBEES<\/a><\/td>\n-6.73%<\/span><\/td>\n<\/tr>\n
INFRABEES<\/a><\/td>\n-6.80%<\/span><\/td>\n<\/tr>\n
NIFTYBEES<\/a><\/td>\n-7.07%<\/span><\/td>\n<\/tr>\n
CPSEETF<\/a><\/td>\n-9.72%<\/span><\/td>\n<\/tr>\n
BANKBEES<\/a><\/td>\n-9.83%<\/span><\/td>\n<\/tr>\n
PSUBNKBEES<\/a><\/td>\n-11.21%<\/span><\/td>\n<\/tr>\n<\/table>\n<\/div>\n
\nGold. Enuf said.\n<\/div>\n<\/div>\n

Yield Curve<\/h3>\n

\"yieldCurve.2016-01-29.2016-02-29\"<\/p>\n

Bond Indices<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n
Sub Index<\/th>\nChange in YTM<\/th>\nTotal Return(%)<\/th>\n<\/tr>\n<\/thead>\n
0 5<\/td>\n+0.14<\/span><\/td>\n+0.28%<\/span><\/td>\n<\/tr>\n
5 10<\/td>\n+0.12<\/span><\/td>\n+0.02%<\/span><\/td>\n<\/tr>\n
10 15<\/td>\n+0.15<\/span><\/td>\n-0.42%<\/span><\/td>\n<\/tr>\n
15 20<\/td>\n+0.12<\/span><\/td>\n-0.41%<\/span><\/td>\n<\/tr>\n
20 30<\/td>\n+0.11<\/span><\/td>\n-0.38%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\nLong bonds got shellacked…\n<\/div>\n<\/div>\n

Investment Theme Performance<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Tactical CNX 100<\/a><\/td>\n+0.00%<\/span><\/td>\n<\/tr>\n
Low Volatility<\/a><\/td>\n-6.87%<\/span><\/td>\n<\/tr>\n
Low Beta<\/a><\/td>\n-7.21%<\/span><\/td>\n<\/tr>\n
HighIR Momentum<\/a><\/td>\n-9.60%<\/span><\/td>\n<\/tr>\n
High Sharpe<\/a><\/td>\n-10.36%<\/span><\/td>\n<\/tr>\n
Balance Sheet Strength<\/a><\/td>\n-10.84%<\/span><\/td>\n<\/tr>\n
Financial Strength Value<\/a><\/td>\n-11.42%<\/span><\/td>\n<\/tr>\n
Magic Formula<\/a><\/td>\n-11.63%<\/span><\/td>\n<\/tr>\n
Enterprise Yield<\/a><\/td>\n-12.93%<\/span><\/td>\n<\/tr>\n
High Beta<\/a><\/td>\n-14.29%<\/span><\/td>\n<\/tr>\n
High Alpha<\/a><\/td>\n-14.75%<\/span><\/td>\n<\/tr>\n
Acceleration<\/a><\/td>\n-15.83%<\/span><\/td>\n<\/tr>\n
Velocity<\/a><\/td>\n-19.93%<\/span><\/td>\n<\/tr>\n
Quality to Price<\/a><\/td>\n-20.97%<\/span><\/td>\n<\/tr>\n
Momentum<\/a><\/td>\n-21.21%<\/span><\/td>\n<\/tr>\n<\/table>\n<\/div>\n
\n\"themeperf.2016-01-29.2016-02-29\"\n<\/div>\n<\/div>\n

Equity Mutual Funds<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n\n\n
Best<\/th>\n<\/tr>\n<\/thead>\n
Birla Sun Life Commodity Equities Fund – Global Agri Plan – Growth – Regular Plan<\/a><\/td>\n+6.41%<\/span><\/td>\n<\/tr>\n
Birla Sun Life International Equity Fund – Plan A – Growth – Regular Plan<\/a><\/td>\n+2.07%<\/span><\/td>\n<\/tr>\n
Canara Robeco InDiGo Fund – Regular Plan – Growth<\/a><\/td>\n+1.75%<\/span><\/td>\n<\/tr>\n
Franklin Asian Equity Fund – Growth Plan<\/a><\/td>\n+1.72%<\/span><\/td>\n<\/tr>\n
Mirae Asset Global Commodity Stocks – Growth Option<\/a><\/td>\n+1.52%<\/span><\/td>\n<\/tr>\n
JM MIP FUND-Growth<\/a><\/td>\n+0.70%<\/span><\/td>\n<\/tr>\n
SBI REGULAR SAVINGS FUNDS – REGULAR PLAN – GROWTH<\/a><\/td>\n+0.64%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\n\n\n\n\n\n\n\n\n\n\n\n
Worst<\/th>\n<\/tr>\n<\/thead>\n
HDFC Core and Satellite Fund – GROWTH<\/a><\/td>\n-13.71%<\/span><\/td>\n<\/tr>\n
Reliance Small Cap Fund – Growth Plan – Growth Option<\/a><\/td>\n-13.79%<\/span><\/td>\n<\/tr>\n
Sahara Star Value Fund-Growth Option<\/a><\/td>\n-13.83%<\/span><\/td>\n<\/tr>\n
Sundaram S.M.I.L.E.Fund-iNST Growth<\/a><\/td>\n-14.80%<\/span><\/td>\n<\/tr>\n
Sundaram S.M.I.L.E.Fund-Growth<\/a><\/td>\n-14.82%<\/span><\/td>\n<\/tr>\n
HDFC INFRASTRUCTURE FUND-GROWTH OPTION<\/a><\/td>\n-15.01%<\/span><\/td>\n<\/tr>\n
Edelweiss Emerging Leaders Fund – Growth<\/a><\/td>\n-17.20%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n

Bond Mutual Funds<\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n\n\n
Best<\/th>\n<\/tr>\n<\/thead>\n
DWS Inflation Indexed Bond Fund – Regular Plan – Growth<\/a><\/td>\n+2.69%<\/span><\/td>\n<\/tr>\n
Birla Sun Life Constant Maturity 10 Year Gilt Fund – Growth – Regular Plan<\/a><\/td>\n+0.72%<\/span><\/td>\n<\/tr>\n
Taurus Dynamic Income Fund – Growth Option<\/a><\/td>\n+0.69%<\/span><\/td>\n<\/tr>\n
Baroda Pioneer Credit Opportunities Fund -Plan B-Growth Option<\/a><\/td>\n+0.62%<\/span><\/td>\n<\/tr>\n
BNP Paribas Government Securities Fund – Growth<\/a><\/td>\n+0.59%<\/span><\/td>\n<\/tr>\n
IIFL Dynamic Bond Fund – Regular Plan – Growth Option<\/a><\/td>\n+0.59%<\/span><\/td>\n<\/tr>\n
BNP PARIBAS Flexi Debt Fund-Regular Plan A – Growth Option<\/a><\/td>\n+0.54%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
\n\n\n\n\n\n\n\n\n\n\n\n
Worst<\/th>\n<\/tr>\n<\/thead>\n
LIC NOMURA MF Bond Fund-Growth<\/a><\/td>\n-0.27%<\/span><\/td>\n<\/tr>\n
Sundaram Flexible Fund -Flexible Income Plan Regular – Growth<\/a><\/td>\n-0.34%<\/span><\/td>\n<\/tr>\n
DSP BlackRock Constant Maturity 10Y G-Sec Fund – Regular Plan – Growth<\/a><\/td>\n-0.40%<\/span><\/td>\n<\/tr>\n
ICICI Prudential Income Opportunities Fund – Growth<\/a><\/td>\n-0.44%<\/span><\/td>\n<\/tr>\n
ICICI Prudential Constant Maturity Gilt Fund – Growth<\/a><\/td>\n-0.44%<\/span><\/td>\n<\/tr>\n
Franklin India Dynamic Accrual Fund-Growth<\/a><\/td>\n-0.50%<\/span><\/td>\n<\/tr>\n
Franklin India Income Builder Account-Growth<\/a><\/td>\n-0.96%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n

Fund flows<\/h3>\n

FIIs sold out of both equities and bonds… <\/p>\n

\"fii-investments.2014-01-01.2016-02-29\"<\/p>\n

\"dii-investments.2014-01-01.2016-02-29\"<\/p>\n

Bonds<\/h3>\n

The spread between 10-year US treasuries and Indian gilts are at levels seen in late 2013…
\n\"ust-ind-10yr-spread.2011-01-18\"<\/p>\n

… and all is not hunky-dory in the US bond markets either. The spread between 10yrs and 2yrs are at their lowest since 2008…
\n\"ust-yield-curve.2s10s\"<\/p>\n

… and the whole yield curve shifted down in February.
\n\"ust-yield-curve.2011-01-18\"<\/p>\n

Thoughts<\/h3>\n

As we hit ‘publish’ on this article, Indian markets are enjoying a post-budget rally. Did markets find a bottom in February? Or is more pain to come? Bring on the March madness!<\/p>\n","protected":false},"excerpt":{"rendered":"

Equities Major DAX(DEU) -3.09% CAC(FRA) -1.44% UKX(GBR) +0.22% NKY(JPN) -9.14% SPX(USA) +0.40% MINTs JCI(IDN) +3.52% INMEX(MEX) +2.41% NGSEINDX(NGA) +2.74% XU030(TUR) +3.56% BRICS IBOV(BRA) +6.39% SHCOMP(CHN) -1.50% NIFTY(IND) -7.62% INDEXCF(RUS) +3.10% TOP40(ZAF) -0.60% Commodities Energy Brent Crude Oil +5.42% RBOB Gasoline +20.16% WTI Crude Oil +0.57% Ethanol -2.68% Heating Oil +3.61% Natural Gas -25.63% Metals Copper … <\/p>\n","protected":false},"author":2,"featured_media":2044781,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[1881],"class_list":["post-2044771","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-your-money","tag-monthly","entry"],"_links":{"self":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/2044771","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/comments?post=2044771"}],"version-history":[{"count":0,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/2044771\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/media\/2044781"}],"wp:attachment":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/media?parent=2044771"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/categories?post=2044771"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/tags?post=2044771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}