First of all, the turnover rate often means the following situations:
Generally speaking, the daily turnover rate of most stocks is 1%-2.5% (excluding stocks at the initial stage of listing). 70% of the stock turnover rate is basically below 3%, and 3% becomes a boundary. So what does it mean to be greater than 3%? When the turnover rate of a stock is between 3% and 7%, the stock enters a relatively active state. 7% to 10% is the emergence of strong stocks. The stock price is highly active and widely concerned by the market. The list of dragons and tigers that we often watch includes such stocks.
10%- 15%, dazhuang closely operates. If the turnover rate exceeds 15% and lasts for several days, the stock may become the biggest dark horse.
Due to the difference of turnover rate between China and foreign countries, the turnover rate of the world's major securities markets is different and far from each other. In contrast, the turnover rate of China's stock market is in the forefront of all countries, and the overall activity of the A-share market is very good.
The meaning of turnover rate
(1) The higher the turnover rate of a stock, the more active the trading of this stock is, and the higher people's willingness to buy this stock. This is a active stock; On the other hand, the lower the turnover rate of a stock, the lower the attention of this stock, which is an unpopular stock.
(2) A high turnover rate generally means that stocks have good liquidity and it is relatively easy to enter and exit the market. There will be no phenomenon of wanting to sell without thinking about buy buy, and the liquidity is strong. However, it is worth noting that stocks with high turnover rate are often the targets of short-term capital pursuit, with strong speculation, large stock price fluctuations and relatively large risks.
⑶ Combining the turnover rate with the stock price trend, we can make some predictions and judgments on the future stock price. The sudden increase in the turnover rate of a stock and the enlarged trading volume may mean that investors are buying in large quantities, and the stock price may rise accordingly. If a stock continues to rise for a period of time and the turnover rate rises rapidly, it may mean that some profit-seekers want to cash out and the stock price may fall.
(4) The relatively high turnover suddenly enlarged, and the main distribution intention was obvious. But it is not easy to increase the volume at a high position. Generally, only when some favorable products are launched will the volume be increased, and the main force can successfully complete the distribution. There are many examples Some stocks are fixed at a high level, laid out at a high level, and then fall off the cliff.
It is natural that the turnover rate is high in the initial stage of IPO. Once staged the myth of unbeaten new shares. However, with the changes in the market, it has become a reality for new shares to open higher and lower after listing. Obviously, it can't be concluded that high turnover rate will definitely rise, but high turnover rate is also an important factor supporting the stock price rise.
[6]. The high turnover rate of stocks with heavy volume at the bottom shows that there are obvious signs of new capital intervention and there is a large room for future growth. The more hands change at the bottom, the lighter the upward selling pressure. In addition, the current market is characterized by local rebound, and stocks with high turnover rate are expected to become strong stocks, which represent the hot spots in the market and need special attention.
Six steps of stock selection with turnover rate
1, mining hot stocks
The first thing to do is to explore the hot plate and one of the effective indicators to judge whether it belongs to hot stocks is the turnover rate. The turnover rate is high and the stock tends to be active. Investors can rank the turnover rate after the daily closing and observe the stocks with turnover rate above 6%.
Step 2 beware of one-night stands
It is necessary to observe whether the turnover rate can be maintained for a long time, because the long-term high turnover rate indicates that the amount of funds in and out is large, the sustainability is strong, and the incremental funds are sufficient. Such stocks are operable. It was only a day or two before the turnover rate suddenly rose, and then it calmed down. This kind of stock is difficult to operate and easy to cheat. For example, on February 24 and 27, 2006, the high turnover rate was accompanied by a large number of days, which did not mean that the sky-high price was sky-high. In fact, it has attracted people's attention and absorbed the purchase of bad shipments! Then there is a wave of decline!
3. Analyze the position with high turnover rate.
High turnover rate at the bottom is preferred, beware of high turnover rate. Because high turnover rate can explain both capital inflow and capital outflow. Generally speaking, the high turnover rate of stock price at a high level will attract the attention of shareholders, which is likely to be the main shipment (of course, it may also be the main jiacang);
If the previous stocks have been traded heavily after a long period of downturn, and the high turnover rate can last for several trading days, it can generally be regarded as obvious signs of new capital intervention, especially in the case of fundamental improvement or favorable expectations.
4. Pay attention to the corresponding stock price.
When investors operate, they can pay attention to stocks that have been changing hands at a high level, but their share prices have only risen a little (it would be better if the moving averages can be arranged in long positions). According to the law that quantity and price come first, the trading volume is enlarged first, and the stock price usually keeps up with the trading volume quickly, that is, the short-term turnover rate is high, indicating that the short-term upward energy is sufficient. However, if we just change hands in an all-round way, it will not rise, but it should arouse our vigilance or lower our profit expectation. Because those ST stocks facing the risk of delisting, although their turnover rate is also high, the future risk is really great, and it is best to stay away.
5, looking for unexpected surprises dark horse shares
At this time, after a long-term trend decline, the stock price fell sharply, the bookmakers had already fled, the pursuers were deeply trapped, the trading volume was in a long-term downturn, and the' average turnover rate' was in a weak position for a long time. But this situation is an excellent opportunity for' bankers' to make a comeback. The main attraction often leaves a low-level dense area in the chip distribution. When the daily turnover rate of a stock exceeds 15%, if it can keep running near the intensive trading area that day, it may mean that the stock has great potential for rising energy in the afternoon, which is the technical feature of super-strong stocks, so it has the opportunity to become the biggest dark horse in the market!
6. Familiar with individual stocks is preferred.
Priority can be given to the intervention of stocks that have been operated and are relatively familiar.