Today's Nancai market sentiment index was 53.7, a sharp increase from 40.0 on the previous trading day, and the market investment heat increased significantly.
sentiment index consists of the following four indicators:
1.50ETF Option Implicit volatility
Today, the index value is 22.03. Currently, the indicator is in a relatively high range in the past year, indicating that investors believe that future market volatility is at a high level. 50ETF option volatility (formerly Chinese volatility index iVIX, also known as the panic index), the index has a negative correlation with the Shanghai Composite Index , but it is not absolute. The higher the index point, the more intense the volatility of investors expect in the future; the lower the index point, the more stable the trend of the future. VIX has the characteristics of aggregation at severe fluctuations, and these fluctuations are usually at severe fluctuations in the market, or at lows and highs of the index. Then, the gathering of VIX at the high level of the stock index means concentration of market risks; while the high level of VIX at the rapid decline of the stock index means release of market risks. If the VIX index continues to rise and breaks through the extreme value when the stock market falls rapidly, this may indicate a major turning point in the market - the risk has been released to the extreme, and the stock market will begin to stabilize and rise.
2. Northbound funds
Today, the index value is -31.547 billion yuan. At present, the negative deviation of this indicator is relatively high, indicating that overseas investors believe that A-share market tends to bottom out and rebound. As a foreign capital's judgment indicator for the A-share market, the cumulative buying ratio is positive than the moving average, which means that the current market is relatively strong, and a negative value indicates that it is relatively weak. The deviation reflects the market's strength/weakness, so there is a strong positive correlation with the Shanghai Composite Index.
3. The transaction volume of the two-way financing accounts for
Today, the index value is 6.82%. Currently, the index is in a relatively high range in the past year. It is believed that the current A-share market is relatively strong. It reflects the leverage level of investors who borrow money to trade stocks on the market. The higher the indicator, the higher the leverage level, that is, investors think that the current market is stronger, and otherwise, it means that investors think that the market is relatively weak, so there is a strong positive correlation with the Shanghai Composite Index.
4. The premium rate of
Today, the index value is -0.99%. Currently, the indicator is in the neutral range of nearly one year, indicating that investors are neutral about A shares . Reflecting the view of investors on the market in futures market, the higher the indicator, the stronger the current market, the stronger the lower the indicator, the more it means that the market is, the lower the indicator, the relatively weak, and therefore positively correlated with the Shanghai Composite Index.
is to quantify the current level of investors' sentiment towards buying stocks. Based on the China Wave Index (iVIX) and VIX Index, the Nancai Quantitative Team selected four major indicators and comprehensive weighting was obtained by obtaining the Nancai Sentiment Index. The South Finance Sentiment Index ranges from 0-100. The lower the market investment is, the lower the market investment is, and the higher the market investment is, the higher the market investment is. The Nancai Sentiment Index helps market participants better understand and analyze the volatility risks and jump risks of the stock market. The low popularity of market investment indicates that investors are too worried. If the current market pricing is not high, this may be a buying opportunity. A high market investment enthusiasm indicates that investors are too excited. If the market is at a high level, the market may make adjustments. The release of the Nancai Sentiment Index is not only conducive to investors to carry out better risk management, but also provides an effective reference for maintaining the stability and prosperity of the financial market.
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