CNX 100 vs. BSE 500

We have increased our coverage from CNX 100 to BSE500 stocks and we have also generated two new groups of pure global equity and pure commodity (including late economic stocks).
Q: What does a new group mean?
A: A group is a combination of assets. Jiseki rankings are generated based on performance between a group of assets. So in the current case of BSE 500, the best ranked or performing assets should underperform and vice versa.
Q: How does a group help identify investment or trading opportunities?
A: Performance percentile rankings among the group generate Jiseki cycles (performance cycles), which indicate relative and absolute outperformance (or underperformance) in an asset.
Q: Is there an overlap between group components?
A: Sometimes an asset can be in two groups. E.g. an oil stock can be in a pure equity group and also among the commodity group with Oil and gasoline prices.
Q: How does a new group help in portfolio management?
A: Orpheus long only portfolio is a combination of worst performers from various groups. The worst performers that have a positive Jiseki Cycle signal* are selected in the portfolio. Two different groups can not only have different worst components showing positive inflexion but also have confirming signals in case an asset is present in both groups and is worst in both the groups.
Q: Does a larger group size mean stronger filter?
A: Yes, the larger the group size, the better the opportunity to identify an outlier that could be emerging out of worst performance heading to outperformance.
The latest ALPHA report carries the following updates.
1) The new short ideas that are top rankings stocks from BSE500.
2) Perspective on BSE 500 and NIFTY going ahead into the week.
3) Gold and Oil Jiseki Cycles.
To read the latest report download it from our Reuters Store or mail us for subscription details.
Our Jiseki Time cycles are seasonal patterns of strength or weakness in assets. They are derived from percentile rankings from 1 to 100. The higher the percentile more the chance for an asset to weaken and worst the ranking, better the chance for the respective asset to outperform. 100 is top relative performance and 1 is worst performance. The idea is that performance is cyclical. A top performer will underperform in future and vice versa. A top relative performer is also the worst value pick and the top relative underperformer is the best value pick. Jiseki is another name for Performance cycles, time triads and time fractals. The signals are illustrated as a running portfolio and as Jiseki Indices. These signals can be used by fund managers for relative allocations, traders for leverage bets and high net worth clients for selective trades.
Jiseki Interpretation. Signals are interpreted as crossovers between various Jiseki Cycles. All three Jiseki cycles (Jiseki 1,2 and 3) depict different time frames. Example: An asset is ranked above 80 percentile and all the three Jiseki cycles are pointing lower, this suggests a running SHORT SIGNAL. Our Jiseki Indices use different kind of exits based on price and Jiseki Cycles. We have color coded the (Jiseki 1>Jiseki 2) SHORT zones with brown sandy (burlywood) and grey (Jiseki 1>Jiseki2) for LONG SIGNALS.
Coverage India: CNX100 traded stocks and Indian Indices.

Michesan Anna-Maria, discovered her interest of markets immediately after completing her graduate studies in Economics. She followed it up with post graduate studies in corporate finance. A host of research work in behavioral finance, option strategies and quantifying market sentiment followed. Anna covers Indian equity and combines Elliott, Time Fractals and Time Analytics to deliver accuracy across time frames.