How to value private placement? Do you know the main points that we usually need to pay attention to when choosing the right private equity? The following is how private placement in Bian Xiao brings you, hoping to help you.
How about private common stock?
"Private placement of shares" generally refers to the general reduction or sale of shares by private equity funds. However, the specific situation of private equity fund's general shareholding reduction will be affected by many factors, including market environment, fund investment strategy, portfolio characteristics and so on.
Reducing or selling stocks may mean that private fund managers' views on the market or specific stocks are getting worse or uncertain, or based on the consideration of risk management and asset allocation, it is necessary to adjust the weight or allocation ratio of the portfolio. When private equity funds generally reduce their holdings, it may have a certain impact on the stock market, especially for stocks or industries that have been greatly reduced.
For investors, it is necessary to evaluate the impact of private equity funds on the general decline of stocks according to their own situation and investment objectives. Here are some suggestions:
Check the fund information: understand the reduction of private equity funds, the types and proportions of stocks reduced, and other information. Relevant information can be obtained through fund disclosure documents, investment reports, announcements, etc.
Consider the investment strategy and objectives of the fund: evaluate the investment strategy and objectives of private equity funds to see if they are in line with personal investment preferences and risk tolerance. Understand the fund's coping strategies and risk management measures when the market fluctuates.
Diversified investment: Diversified investment is a way to reduce risks. If you choose a private equity fund, it is recommended to consider investing in multiple different funds and asset classes at the same time to reduce the impact of a single fund's general reduction of shares on the portfolio.
Listen to professional advice: If you are not sure how to deal with the stock decline of private equity funds, it is recommended to consult professional financial consultants or investment consultants to help make more informed decisions.
How to choose stocks invested by private equity funds
Understand investment strategies: Different private equity funds have different investment strategies, such as value investment, growth investment and quantitative investment. Before choosing a private equity fund, you should know whether its investment strategy meets your investment objectives and preferences, as well as the logic behind the strategy and risk control measures.
Research team and management ability: the investment performance of private equity funds depends largely on the ability and experience of their management team. Evaluate fund managers' background, past investment performance, investment style and the overall strength and stability of the team to determine whether they are capable of effective stock selection.
Excellent research and analysis ability: Private fund managers usually rely on their own research and analysis ability when making stock selection and investment decisions. Understand the process, resources and methods of fund managers' research and analysis, and evaluate their ability of in-depth research and analysis of potential investment targets.
Risk management and asset allocation: the risk management ability of private equity funds is very important. Understand the fund's risk control measures, asset allocation strategies and the ability to cope with changes in the industry and market. Ensure that the fund has an appropriate risk management system and strict investment decision-making procedures to protect the interests of investors.
Understand fees and rewards: The fee structure of private equity funds is usually complicated, including management fees and performance rewards. Carefully understand the cost structure of the fund and evaluate its impact on the return on investment. At the same time, it is necessary to know whether investors can accept the corresponding fee level and get an acceptable return within the investment period.
The meaning of compulsory liquidation
There are two kinds of forced liquidation in futures: the forced liquidation of futures companies (or self-operated members) by exchanges and the forced liquidation of customers by futures companies.
Forced liquidation is also called forced liquidation, and it is also called being cut/cut/exploded. According to the different subjects of compulsory liquidation, compulsory liquidation can be divided into exchange compulsory liquidation and brokerage compulsory liquidation.
According to the different reasons of forced liquidation, forced liquidation can be divided into the following categories:
1. Forced liquidation due to failure to fulfill the obligation of additional margin. According to the rules of the Exchange, a margin system is implemented for futures trading, and a certain percentage of margin must be paid for each transaction. When the market changes unfavorably, that is, when the market reverses and changes in the opposite direction, members or customers should also add margin according to the trading rules and the contract when entering the delivery month. If the member or customer fails to fulfill the obligation of additional margin within the specified time, the trading ownership will forcibly close the position held by the member or brokerage company.
2. Forced liquidation due to violation of regulations. If a member or customer violates the trading rules of the exchange, the trading ownership will be forced to close the position and violate the trading rules. It mainly includes: exceeding positions in violation of position restrictions; Failing to report or making a false report in violation of the large household reporting system; Carry out futures business for those who are prohibited from entering the market; Brokerage companies engage in self-operated business; Manipulate the market together; And other violations that require compulsory liquidation.
3. Forced liquidation due to temporary changes in policies or trading rules. This often happens in previous years, and trading rules are often modified because of the temporary regulations of policies or regulatory authorities, or can not be implemented normally for the time being.
The compulsory liquidation right of the exchange means that when the spread loss between the open contract held by the customer and the current transaction settlement price exceeds a certain proportion, and the customer fails to pay the additional margin within the prescribed time limit, the futures brokerage company has the right to compulsory liquidation of the customer's hand contract, so as to reduce the margin level and risk and ensure that the customer is free from greater economic losses, and the consequences of compulsory liquidation shall be borne by the customer.
The forced liquidation of customers by futures companies refers to the forced liquidation of customers due to insufficient funds and backlog.
For example, if you originally bought 100 lots of soybeans, the margin ratio was 10%, and the position occupied 300,000 yuan. Because of the drastic changes in the market, the exchange increased the margin ratio to 15%, and your 300,000 funds can only maintain 67 positions, so either you add funds to continue to maintain your 100 position, or the futures company will close 33 lots of soybeans.
Stocks continue to fall to cover their positions.
When the stock price continues to fall, whether it is appropriate to make up the position needs to be evaluated according to the specific situation, and it cannot be generalized. Here are some considerations:
Technical analysis and fundamental analysis: First of all, we should understand the technical trend and fundamental situation of the stock and judge whether the current decline is a temporary adjustment or a major problem. If there is a negative change in fundamentals, covering positions may need to be more cautious. Technical analysis can provide some buying or selling signals, but it needs to be applied carefully.
Risk tolerance: covering positions requires investors to have sufficient financial strength and risk tolerance. We should fully evaluate our economic situation and investment ability to ensure that excessive leverage or excessive financial pressure will not be caused after covering positions.
Market environment and risk control: in the case of overall market decline or major industry adjustment, the operation of covering positions may need to be more cautious. At the same time, we should pay attention to strictly implementing risk control strategies to avoid concentrating too much money on a single stock or industry.
Investment strategy and time period: If your investment strategy is medium and long-term investment and you still have confidence in the stock, you can consider covering your position at an appropriate time. However, if your investment strategy is short-term operation, or you are uncertain about the future development of the stock, you may need to be more cautious in covering your position.
In short, whether it is appropriate to make up the position in the case that the stock price continues to fall needs to be judged according to personal situation and market analysis. Evaluate risks rationally, control the scale of funds, abide by your own investment strategy and risk tolerance, and make corresponding decisions. If you are uncertain or lack the necessary professional knowledge, please consult a professional investment consultant or financial expert.
What do you mean you can't seal the daily limit?
In the stock market, the failure to seal the daily limit means that the stock price keeps fluctuating between the daily limit and the opening price. Usually, this situation means that not many investors sell the stock at the daily limit, but some investors buy it in the market. As a result, the stock closing is small and it is impossible to effectively close the daily limit.
Under normal circumstances, the situation that the stock price can't seal the daily limit means that the sell order of the stock at the daily limit price is digested by the market, which may be the main capital purchase or the influence of good news. If there is not a lot of short-term funds to sell the subsequent stocks, the stock price is likely to be driven by long-term funds and make the price rise. On the other hand, if there is a large-scale short-term sale of subsequent stocks, then the stock price may continue to fall. If the stock price can't seal the daily limit, and the long-term capital of the stock is weak, then the stock price is likely to be adjusted at a low level to absorb the selling in the stock.