Futures have the function of issuing price, and the futures price will rise and fall before the stock price. For example, coal futures prices rise, related coal stocks may rise, coal futures prices fall, and related coal stocks may fall.
Extended data:
Generally speaking, the rise and fall of stocks are not determined by futures, but mainly influenced by the company's fundamentals, operating conditions, profitability, news and technical aspects. 1, but some commodity futures rise, and related stocks may rise. For example, since 202 1, commodity prices have risen, so the futures of related scarce resources are also rising. In the A-share market, listed companies with mining, rare earth, non-ferrous metals and copper as their main businesses have seen good growth this year. 2. It is worth noting that: taking stock index futures as an example, stock index futures are derivative investment tools in the stock market, so the rise and fall of stocks affect the trend of stock indexes.
Futures are investments in future commodities, such as copper. According to the current mining and smelting costs, mineral resources and market demand of copper mines, it is predicted that the copper price may change in the next month, half a year or a year due to the changes in mining and smelting costs, mineral resources and market demand of copper mines, so investing in futures means investing in the present and the future. In the future, if the price of copper is bullish, the cost of an enterprise that uses copper and copper products as raw materials will increase in the future. If the enterprise can't convert the rising material cost well, the profit of the enterprise will inevitably drop, then the stock dividend of this enterprise will also drop, and your investment income will also decrease. Of course, the change of copper price is a series of influences, from mining to processing to the products of listed companies until the user influence is completed. In addition, we must find a better starting point for investing in stocks or futures. This starting point is the judgment and timing of the market. For small and medium-sized households, retail investors and short-term investors, the purpose of speculation is even greater. The above can be used for reference, but more is to analyze the market.
There are many kinds of futures, such as commodity futures and stock index futures, which are influenced by the stock market and futures themselves. General stocks go up, stock index futures go up, and stocks don't necessarily go up. Only stocks with good performance and good management rose, some futures such as oil rose, and oil consumers decreased. The performance of oil companies will not rise, but oil stocks will fall.
Due to the prevalence of stock market speculation in China, it is difficult to quickly change the psychological deviation of speculation after the introduction of stock index futures, and short selling stock index futures will aggravate the fluctuation of stock index. However, a large number of empirical studies abroad show that the existence of stock index futures usually does not increase the fluctuation of stock index. The reason why the fluctuation of stock index is sometimes increased is that stock index futures have the function of price discovery, which can improve the response mode of spot market to market information.