ALPHA INDIA – RUNNING PORTFOLIO

We will be screening out a few stocks from the long only model and various pairs and run it as a portfolio. The selection process will be based on numeric ranking, sector performance and other exit strategies followed by the respective analyst. Starting 1 Sep 2009 we are holding SBI and HLL. HLL was a fresh trade opened yesterday.  The current report has carried some price charts and return lines  (price changes).


INTERMEDIATE PAIRS ARE ALSO SKEWED IN FAVOUR OF TECH
TCS VS NIFTY, INFY VS CNXIT ALSO START TO LOSE GROUND. BLUE CHIP UNDERPERFORMANCE SHOULD BE THE FIRST SIGN THAT MARKETS ARE BEGINNING TO EXHAUST. BELOW ARE THE PERFORMANCE RETURN LINES SINCE THE PAIRS WERE STARTED.

ALPHA is a pair trading, long only and short only strategy product based on TIME fractals.  Time arbitrage, Time Triads, Time fractals are terms coined by Orpheus Research. The signals are carried over three different time frames viz. sub minor (2-3 days), minor (10-30 days) and intermediate (above 30 days). This is a daily signal product. The signals will be illustrated through tracker and running portfolios. Alpha can be used by fund managers for relative allocations, traders for leverage bets and high net worth clients for selective trades. This is a part of the time triads analytics developed by Orpheus Research.
TIME ARBITRAGE portfolio has five pairs now viz. Reliance – Nifty, CNXIT-Nifty, TCS-Nifty, CNXIT-Infosys, Nifty-ONGC. The above tracker will be updated on a daily basis. The freshly opened trades will have the shortest holding periods. The type of trade will be depicted in the degree i.e. sub minor (2-3 days), minor (10-30 days) and intermediate (above 30 days). The legs should be risk weighted before any implementation. We are assuming a running stop loss of 4% per traded pair. CNXIT/INFOSYS means LONG CNXIT, SHORT INFOSYS. This also means +A-B. When the pair inverts to INFOSYS/CNXIT, it would mean SHORT CNXIT, LONG INFOSYS meaning -A+B.
LONG ONLY, SHORT ONLY portfolio covers NIFTY, CNXIT, NSEBANK, RELIANCE, INFOSYS, ONGC, CIPLA, ICICI BANK, HDFC BANK, TISCO.
STOP LOSS AND EXITS are activated at 4%
Please feel free to mail us for any clarifications.  *This is a strategy product. Long Short strategies are not riskless strategies. Please mail us for a detailed working or consult a local financial risk manager to execute these pairs. For more details please subscribe to the ORPHEUS TIME ANALYTICS research products.
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