|
|
| Discuss Trending Sectors Statistics? at the Technical Analysis within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hi, For Bank Sector, We Have Bankex, For Pharma-bsehc, But For Cement,auto,batteries, How Do We ... |
|
|||||||
| Notices |
| Technical Analysis Discussion of all the principles involved in technical analysis. |
 |
|
|
Thread Tools |
| Sponsored Links |
|
#1
18th August 2006, 04:27 PM
|
|||
|
|||
Trending Sectors Statistics?
Hi,
For Bank Sector, We Have Bankex, For Pharma-bsehc, But For Cement,auto,batteries, How Do We Know Whether The Sectors Are Trending Or Not? Does Anyone Know Any Sites Or Software That Provides The Above Information. Seniors, Kindly Note. Regards, Sonu M. 
|
|
#2
18th August 2006, 05:09 PM
|
|||
|
|||
Re: Trending Sectors Statistics?
It is a major effort to create particular sector indices. Basically it entails taking the market leaders of that particular sector, and creating a composite.
To have an exact sector index, we also need to apply weightages according to their market capitalisation. That by itself is a major effort, which is carefully maintained by specialised companies. If you go to the BSE or NSE websites, you will know how indices are computed. Dusant.
|
|
#3
18th August 2006, 06:00 PM
|
|||
|
|||
|
Re: Trending Sectors Statistics?
Quote:
you have identified a need. hope some software developers in this forum comes forward to develop a software to generate such sectorial statistics. such indices are not meant for index trading. they are intended to give some indication of the direction of movement of each sector. we have a few downloader Converters developed by members of this forum. they may develop an additional module to calculate such sectorial information. one simple way is to rank the sectors by the average (may not be weighed) gains in the previous day. in the next stage we may have a 'number' associated with each sector which will indicate that sector's relative comparative performance on that day & compared to the previous day. all the necessary basic data is contained in the EOD bhav copy. so data availability may not pose as a problem. any takers? MurthyMSR
|
| Sponsored Links |
|
|
|
| Bookmarks |
| Thread Tools | |
|
|
Similar Threads for: Trending Sectors Statistics?
|
||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| Option(f&o) Statistics | raj69 | Options | 1 | 16th July 2006 05:12 PM |
| What are the preferred sectors now? | Ezhil | Introductions | 0 | 16th November 2004 07:46 PM |
Indemnity, Disclaimer & Disclosure
Notice:
• By visiting Traderji.com you indicate your acceptance of our Forum
Rules Disclaimer & Disclosure and indemnify Traderji.com, its
associates and related parties of all claims howsoever resulting from
the usage of the forum.
• Disclaimer: Trading or investing in stocks & commodities
is a high risk activity. Any action you choose to take in the markets
is totally your own responsibility. Traderji.com will not be liable for
any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information.
• Disclosure: The information in this forum is neither an offer to sell nor solicitation to buy any of the securities mentioned herein.
The writers may or may not be trading in the securities mentioned.
• All names or products mentioned are trademarks or registered trademarks of their respective owners.
General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy of information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. If you find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.
