When discussing the CYS index, we must explain the time period length of the cost moving average. If it is not indicated on the compass, it means 13 days. That is to say, it is agreed that CYS=CYS 13 (that is, CYF=CYF 13 and CYR=CYR 13), that is, the deviation (distance) between the stock closing price and the daily average cost 13. Therefore, CYS is often referred to as a short-term profit and loss indicator.

CYS index is a relative index. We usually say that the CYS value of a stock is 6, which actually means that the deviation rate of the stock closing price from the daily cost moving average 13 is 6%. Because the coordinates commonly used when we use compasses are equidistant coordinates, the interval between two adjacent coordinate lines on the vertical axis is 10%, and the reflection of CYS=6% on the K-line chart is exactly 6, so we often call CYS the "distance" between the stock closing price and the corresponding cost moving average (knowing this principle, we can know the CYS 5 and CYS/of the stock without opening the Cys index.

Theoretically, the value range of CYS index is [-∞%, ∞%], but the trading behavior of stock market is an economic behavior, which must conform to the basic economic laws; At the same time, it is people who participate in stock market trading activities, and the weakness of human nature cannot bear huge losses and huge profits. Therefore, the value range of CYS index is limited to a relatively small range.

The algorithm of CYS is actually the deviation from the daily cost moving average 13. If the stock price is higher than 13 daily cost moving average 15%, CYS is15%; Another example is that the value of CYS is-10%, that is, the stock price is lower than the daily cost line 13 10%. CYS index reveals a simple market fact, that is, the short-term investors who enter the market within 13 trading days have floating profits or floating losses.

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Tips:

1. The above contents are for reference only and do not make any suggestions. Related products are issued and managed by corresponding platforms or companies, and banks are not responsible for product investment, redemption and risk management;

2. There are risks in entering the market, so investment needs to be cautious. Before making any investment, make sure that you fully understand the investment nature and risks involved in the product, and then judge whether to participate in the transaction by yourself after carefully understanding and evaluating the product.

Reply time: 2022-0 1-05. Please refer to the latest business changes announced by Ping An Bank in official website.