Why did the liquor sector plummet165438+1from October 26th to February this year:

1. The increase is too large, the value is overvalued, and the decline is inevitable.

2. The performance of the liquor sector can't support the stock price, and the decline is the return of value.

3. The growth rate of liquor sector performance slowed down, which was lower than market expectations, and some institutions began to reduce their positions and sell. If you bought liquor stocks a few years ago and held them for a long time, they should be the happiest people in the stock market. In recent years, liquor stocks have soared, basically 5 or 6 times. Such a big increase also makes people feel the risk. In the past two months, there has been a certain correction in the liquor sector. The main reason for the sharp drop in the liquor sector is that the valuation is relatively high and the performance can't support the current stock price. Revision is also inevitable. The expected slowdown in the performance of liquor stocks is also the reason for the decline in stocks caused by institutional lightening.

It is inevitable that the valuation of liquor is too high to fall. The liquor sector has gone up for two or three years. There are no stocks in the stock market that only rise or fall, and the liquor sector is no exception. The main reason for the decline of liquor is overvaluation. Many stocks have completely deviated from the fundamentals and there has been pure speculation. There must be risks at this time. When the institution began to go crazy, the stock has basically peaked, and the decline has become inevitable.