S&P Materials Select Sector Index: The companies included in each Select Sector Index are selected on the basis of general industry classification from a universe of companies defined by the Standard & Poor’s 500 Composite Stock® Index (“S&P 500®”). The nine Select Sector Indexes (each a “Select Sector Index”) upon which the Select Sector SPDR […]
The cement story How should one analyse the cement sector? We can talk about Monsoon seasonality (construction slow down period), India’s top producer ranking in the Cement market (after China), correlation with GDP and housing sector (more than 60% of the total consumption), government control with coal and limestone reserves, power supply, etc. The above variables are from […]
We are pleased to introduce our third ORMI India Index. We call it ‘The Worst 20’. Why is it called ‘Worst’? The Index selects the worst performers among a group of assets or the worst performers among a broad index e.g. India Nifty. Why is it 20? The index selects the bottom 20 percentile of […]
Q: What is the difference between ORMI UK 20 and ORMI UK Worst 20? A: The UK 20 components are selected from 350 stocks while UK Worst 20 are selected from UK top 100. Q: How does changing the group define the ORMI portfolio index? A: Changing the universe gives character to the underlying ORMI […]
Q: What is the difference between ORMI UK 20 and ORMI UK Worst 20? A: The UK 20 components are selected from 350 stocks while UK Worst 20 are selected from UK top 100. Q: How does changing the group define the ORMI portfolio index? A: Changing the universe gives character to the underlying ORMI […]
The ISHARES DJ US BROKER DEALERS (IAI) ETF is up 26% in 93 days. While the S&P 500 is up 8% in the last 90 days. The IAI ETF is a part of the ORMI ETF 5. ORMI selects components based on performance rankings and potential reversion. IAI was a worst performer which ORMI picked up. […]
“A picture is worth a thousand words” can be the truth. But when it comes to believing the picture, emotions may interfere. Like the DOW 30 structure clearly illustrates a breakout. However, we can still debate about it. “It’s not clear”; “We can give it another week”, “We don’t have volume confirmation”, “It’s a corrective”, […]
Do you see the beautiful NIFTY? The symmetrical form of the blue chip Index is raring to go higher. The Orpheus review levels modeled after conventional resistances and supports are expressing the Nifty intention. For the Orpheus review level framework 6,000 is not as important as 5,607 and 5,680. Nifty has taken a clear support […]
We are pleased to introduce a new style of ORMI Indices. We call it ‘The Worst 20’. Why is it called ‘Worst’? The Index selects the worst performers among a group of assets or the worst performers among a broad index e.g. UK FTSE 100. Why is it 20? The index selects the bottom 20 […]
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