No matter how difficult it is in 2022, it is in the past. We still don’t know what 2023 will be like, but we can definitely place high hopes on it. Looking back on 2022, I sorted out the five "bests", has the highest increase , has the highest decline, has the highest price-earnings ratio , and has the largest amplitude . The further you look back, the more difficult it is to obtain data, and the less you can imagine. The last one is worth thinking about deeply.
1. The highest increase and decrease
The bank stock with the highest increase in 2022 is Bank of Chengdu, with an increase of 34.56%. Followed closely by Jiangsu Bank , the increase reached 34.25%, with a difference of only 0.31 percentage points. Suzhou Bank is also very good. It is the third bank to have an increase of more than 30%, with an increase of 31.86%.
The bank stock with the largest decline in 2022 is Ruifeng Bank, which fell 43.15%, almost halved. Not only that, Ruifeng Bank's decline was 17.52 percentage points higher than that of Zhengzhou Bank , which ranked second in the decline list, and was a "single-out" decline. Bank of Zhengzhou, down 25.63%. Qingnong Commercial Bank ranked third in the decline list, down 23.14%.
There was a wave of rises in bank stocks in November and December 2022, represented by Bank of Ningbo , China Merchants Bank , and Ping An Bank . However, looking at the whole year, these three bank stocks still suffered huge declines. Bank of Ningbo fell 14.11%, ranking 12th on the decline list; China Merchants Bank fell 21.04%, ranking 5th on the decline list; Ping An Bank fell 19.03%, ranking 8th on the decline list.
2. The highest amplitude
Falling from the highest point to the lowest point or rising from the lowest point to the highest point is called amplitude. A large amplitude means either a large decline or a large rise. In short, its fluctuation space is very large. If you want to make swing investments, the amplitude should be an indicator worthy of attention.
The bank stock with the largest amplitude in 2022 is Lanzhou Bank , with an amplitude of 89%. Its amplitude comes from the continuous decline between January 21, 2022 and October 28, 2022. This cannot be described as "cut from the waist", it is more appropriate to use "cut from the ankle".
The bank stock with the smallest amplitude is Agricultural Bank of China, with an amplitude of only 8.3%. Its amplitude comes from the continuous rise between November 2, 2022 and December 30, 2022. Obviously, Agricultural Bank of China is not suitable for swing investment, and long-term investment is more suitable for it.
3. The highest price-earnings ratio
The stock price changes every day, and the price-earnings ratio will also change accordingly. We take the price-earnings ratio of each trading day, add it up and divide it by the number of trading days to calculate the average daily price-earnings ratio. The higher the daily average price-to-earnings ratio, the more popular the bank stock is, but at the same time, its valuation may be too high and there are risks.
The bank stock with the highest daily average price-to-earnings ratio is Lanzhou Bank, as high as 15.25. After experiencing an amplitude of 89%, the average daily price-to-earnings ratio of Bank of Lanzhou is still so high, surpassing the second place Bank of Ningbo by 34%. Its future trend is really not reassuring.
The bank stock with the lowest daily average price-to-earnings ratio is Minsheng Bank , which is only 3.36. This not only shows that Minsheng Bank is not very popular among banking stocks, but also shows that the risk of Minsheng Bank is relatively low compared to other banks, and the downside space is already very low.
Of course, the premise for me to say this is that Minsheng Bank's performance should not continue to decline. If the performance continues to decline, the price-to-earnings ratio will remain unchanged and the stock price will still have room to decline.
4. turnover rate is the best
turnover rate = number of traded shares/number of shares in circulation. The higher the turnover rate, the stronger the activity of stock , and the greater the intensity of financial speculation. On the contrary, the lower the turnover rate, the weaker the equity. For bank stocks, the lower turnover rate indicates that they may be suitable for long-term investment.
The top three turnover rates in 2022 are all sub-new stocks listed in 2021. The highest turnover rate is Lanzhou Bank, which is as high as 2891.83%. The second place is Qilu Bank , which is 1304.81%. The third place is Ruifeng Bank, which is 1174.27%.
Putting aside the sub-IPO stocks, the bank stock with the highest turnover rate is Sunong Bank, with a turnover rate of 392.45%. The lowest turnover rate is Bank of China , which is 15.68%.
5. Major shareholder increased its holdings
In 2022, the largest increase in the number of shares held by was Bank of Nanjing, which increased by 548 million shares in a year and its market value increased by 5.615 billion, far exceeding the second place Bank of Jiangsu. Bank of Jiangsu's major shareholders will increase their holdings in 2022 by a large amount, up to 299 million, and the market value will increase by 2.048 billion.
There are not many bank stocks that major shareholders have increased their holdings, only 19, accounting for 45% of all listed bank stocks. Among these 19 listed banks, Bank of Chengdu was the one with the smallest increase in holdings by major shareholders, with only an increase of 30,000 shares and an increase in market value of 404,700 shares.
Let’s think about this question: The major shareholders of Bank of Nanjing will increase their holdings the most, with an increase of 22.61% in 2022, ranking fourth in increase. The major shareholders of Bank of Chengdu increased their holdings the least, with an increase of 34.56% in 2022, ranking first in terms of increase. It can be said that the growth rates of the two city commercial banks are very good, but one relies on the increase of holdings by major shareholders, and the other relies on the increase of funds other than major shareholders. Which bank stock do you think is more suitable for investment?
2022 has passed, and the past will eventually become history, but by using history as a mirror, we can be smarter and suffer less. The above five "bests" may allow you to better identify which bank stocks are of higher quality, which bank stocks are risky, and which strategies to use to invest in your favorite bank stocks in 2023. I hope that in 2023, we can all obtain relatively stable income from the bank stocks in our hands.
I am a banking researcher who specializes in banking and likes to talk about practical things. Follow me and let’s study and discuss together. If you think what I said is helpful to you, I sincerely hope that you can click on the three dots on the upper right side of the screen and give me a small reward! Your support is my motivation to update. #New financial forces, new spring#
