The tracking projects of the Eagle Eye tracking system are divided into two parts according to investors’ trading habits: one part is the pre-market evaluation project, which evaluates the status and trend of stock price operation, including Eagle Eye market tracking, technical evaluation, and capital Projects such as evaluations, institutional ratings, major news and research report analysis; the other part is the intraday monitoring project, which explores the financial game behavior behind the changes in stock prices, including changes in rises and falls, changes in transactions, changes in funds, changes in large orders, Changes in main force, etc. When the change information is released, investors are reminded to make corresponding decisions based on the pre-market evaluation information.
2. Tracking log
The tracking log of the Eagle Eye tracking system mainly includes three parts: the first part is the qualitative analysis part - tracking decision matrix YTDM, pre-market multi-dimensional evaluation And the tracking idea of ??monitoring intraday changes, arranges the information triggered by tracking projects such as eagle eye tracking, capital evaluation, technical evaluation, large order changes, changes in rise and fall, etc. When the changes are triggered, investors are reminded that they can track and pre-market Evaluation information to make corresponding decisions; the second part is the quantitative analysis part - the tracking evaluation model VITM, through the multi-dimensional quantitative analysis of the subject news → value judgment → capital behavior → stock price behavior transmission mechanism, it analyzes the news, capital and technology of individual stocks. It gives quantitative assessment and star rating to the aspect, value aspect and development trend, and generates a comprehensive evaluation report; the third part is the Eagle Eye tracking log - YTDR, which displays Eagle Eye's market tracking, institutional rating, capital evaluation, technical evaluation, Detailed information on tracking items such as fluctuations in price fluctuations and large orders, including fund evaluation model MEFM and fund evaluation reports, technical evaluation model TTEM and technical evaluation reports, abnormal movement monitoring models and charts, etc. The Eagle Eye tracking decision matrix introduces a scientific tracking combination decision-making mechanism - multi-dimensional pre-market evaluation + intra-day movement monitoring, revealing the status of stock price operation and main behavioral trends, and revealing the time and space for the persistence of stock movement. Generally speaking, when there is a good combination of long signals in each tracking project, it is a better long or holding opportunity; when there is a good combination of short signals in each tracking project, it is an early warning signal or a short signal; When unusual items occur frequently, you should attach great importance to them and make corresponding decisions based on the evaluation information.
Eagle Eye tracking decision matrix long signal combination
For example: Rhine Biotechnology (002166) repeatedly prompted long signals from June 3 to 11, 2010. From June 3 As of June 11, it has risen by 30%
Eagle eye tracking decision matrix short signal combination
For example: National Technology (300077) prompted a weak short signal on May 28, 2010. A cumulative decline of 24% from May 28 to June 8. The Eagle Eye Tracking Roadmap combines daily tracking logs, tracking decision matrix information and market charts to better understand changes in stock price behavior, capital behavior and main force behavior. Trends help investors more conveniently use tracking technology tools to make investment decisions.
For example: Tielong Logistics (600125) received increased institutional attention and raised its investment rating in late October 2009; 3-star news appeared on November 4 that Buffett purchased railway stocks. Within a month, key information such as changes in trend indicators, changes in large orders, changes in funds, and changes in main players continued to appear. The Eagle Eye tracking roadmap combines key information in tracking logs, tracking decision matrices, and market trends to more intuitively and clearly reveal the impact of news events on stock prices, changes in capital behavior, changes in main force behavior, and changes in stock price behavior.
5. Tracking and Evaluation Model VITM
The VITM model is a multi-dimensional quantity used by the Eagle Eye individual stock intelligent tracking system to evaluate the news, capital, technology, value and development trends of individual stocks. chemical analysis model. Based on the information price mechanism of the securities market, the VITM model focuses on the entire process of the transmission mechanism of subject news → value judgment → capital behavior → stock price behavior, and uses the Analytic Hierarchy Process (AHP) to decompose the factors that affect the stock price at multiple levels and evaluate them item by item. , quantitative judgment and star rating, and then comprehensively evaluate the influence of each factor on the stock price, and finally give a VITM comprehensive investment rating to evaluate the short-term investment value of individual stocks. Among them, the VITM model decomposes the first-level variables that affect the stock price into four, namely the theme index TI, the value index VI, the technical index TI, and the capital index MI. The second-level variables are an analysis of the specific evaluation indicators of the first-level variables. The third-level variables The first-level variables mainly analyze the secondary variable evaluation indicators from the perspective of time period.
Generally, the higher the VITM comprehensive rating of an individual stock, the higher the short-term investment value; when the VITM comprehensive rating is raised, the short-term investment value of the stock price increases; in addition, according to the distribution of the VITM comprehensive rating index, we The short-term stock price status of individual stocks is divided into four levels: risk area, volatility area, concern area and high-value area. In different areas, eight trading strategies including wait-and-see, focus, and increase in holdings should be adopted. In terms of VITM single evaluation index, in general, the higher the value index VI and rating, the more obvious the stock price is undervalued; the higher the theme index II and rating, the stronger the driving force of short-term individual stock theme news; the higher the technology index TI and rating. , indicating that the strength of the technical trend is higher; the higher the capital index MI and rating, the stronger the willingness of funds to do long, and the greater the probability of strong stock price performance.
Eagle Eye Tracking and Evaluation VITM Model Example
6. Fund Evaluation Model MFEM
The Money Flow Estimate Model (MFEM, the Money Flow Estimate Model) uses analytic hierarchy process French AHP analyzes both long and short parties through a series of fund indicators including long-short comparison BBC, long-short trend BBT, long-short turning point BBI, fund and stock price coordination degree MPF, main momentum BIM, main trend BIT, main turning point BII, game structure GS, etc. The strength of buying and selling willingness, trends, turning points, institutional and retail investor games and other capital behaviors are used to evaluate the quality and development trend of individual stocks' capital. Its theoretical basis is time series analysis, technical analysis and behavioral finance.
Eagle Eye Fund Evaluation MFEM Model Example
7. Technical Evaluation Model TTEM
The Technical Trend Evaluation Model (TTEM, the Technical Trend Estimate Model) uses hierarchical analysis Based on the AHP method, we deeply analyze the technical indicator data and models that reflect the stock price behavior such as trend trend TD, volume and price coordination degree VPF, pressure support SPRP, golden cross and dead cross GCDC, overbought and oversold OBOS, rise and fall probability IDP, etc., and build technology The trend index is used to comprehensively evaluate the technical quality and development trend of individual stocks.
Eagle Eye Technology Evaluation TTEM Model Example
8. Change Monitoring Model SPDM
The intraday change monitoring model SPDM mainly includes changes in funds, changes in large orders, and main force Abnormality monitoring of abnormal movements, fluctuations in price changes, and transaction changes; based on the original abnormality monitoring, the abnormality monitoring model not only reveals the time when the abnormality is triggered and the degree of the abnormality, but also reveals the time and space in which the abnormality lasts. For example, on the main transaction monitoring chart, we comprehensively display the triggering time point and continuous status of long transaction L and short transaction S. When bull movements continue, the stock price generally performs strongly; when short movements continue, the stock price generally performs weakly. Institutional ratings and profit forecast tracking rely on the Eagle Eye Securities research report database to track the latest research and analysis results of more than 70 international and domestic professional research institutions and more than 1,800 professional analysts, through institutional attention, investment ratings, profit forecasts, and valuation space. , star analyst recommendations and other key variables for data mining to reveal individual stock performance growth, investment value changes and investment rating changes.
Generally speaking, from a static perspective, the lower the comprehensive investment rating coefficient and the higher the investment rating, the higher the investment value of individual stocks, which is relative to medium and long-term investment; in addition, from a dynamic perspective, , when there is an increase in investment ratings and profit forecasts, you should focus on it, indicating that institutions have increased their recognition of the investment value of individual stocks, and there may be certain opportunities in the short term.
For example: Starting from January 2010, due to expectations of regional revitalization and asset injection in Xinjiang, institutions raised the rating from no rating to overweight, attracting increased attention and profit forecasts. Raise; in March 2010, the rating was raised from overweight to buy, with a valuation space of 35-42.75 yuan. The increase in the institutional rating data of Guanghui Shares (600256) indicates that the degree of institutional optimism has increased and the investment value has increased. In terms of stock price behavior, in the first half of 2010, Guanghui Shares (600256) had a cumulative maximum increase of nearly 100%, far outperforming the market.
10. Eagle Eye Large Orders
11. Chip Concentration and Institutional Position Tracking
The dynamic tracking of chip trends mainly counts changes in the number of shareholders of listed companies, accounts Changes in average shareholdings, concentration of chips, and changes in chip trends; generally speaking, if the number of shareholders tends to be dispersed and the average shareholding per household tends to be concentrated, it means that chips tend to be concentrated, the main force is more likely to increase its position, and the stock price generally rises. The opposite is not true. For example: Guanghui Shares (600256) has begun to concentrate its chips since March 2009. The average shareholding per household has continued to increase by 20.81%, 29.30%, and 21.37% in the third quarter of 2009. The main players have high control over the market and continue to collect chips. The stock price is bullish in the medium and long term, with an increase of more than 2 times.
The dynamic tracking of institutional positions mainly counts the distribution of institutional positions of listed companies, the degree of institutional control, the change trend of positions and the details of positions; generally speaking, a higher proportion of institutional shareholdings indicates deeper institutional involvement, while institutions The continuous increase in the proportion of holdings indicates that institutions continue to increase their positions and the stock price is more likely to rise, but not vice versa. For example: Since June 2009, the institutional shareholding ratio of Guanghui Shares (600256) has continued to increase, from 4% to about 15%. At the same time, institutional control has increased, and the stock price has been bullish in the medium and long term, with an increase of more than 2 times. .
12.ROE tracking and valuation tracking Valuation tracking mainly reveals and tracks the dynamic changes of individual stock valuation indicators PE, price-to-book ratio PB, value growth ratio PEG, and price-to-sales ratio PS, and is closely related to the industry , horizontal and vertical comparison of historical valuation levels. Generally speaking, the lower the values ??of relative valuation indicators such as PE and PB, that is, the lower the valuation level of individual stocks, the higher the investment value of the stock. The opposite is not true.
ROE ??tracking mainly tracks the financial aspects of individual stocks. Through the DuPont analysis method, it analyzes financial indicators such as operating income, net sales interest rate, asset turnover rate, return on net assets and other financial indicators of listed companies, revealing the profitability and operation of listed companies. Changes in financial indicators such as capacity and solvency.