News summary
Public fund holdings affect food and beverage, social services and other industriesbestslotswelcomebonusnowagering, is related to changes in the proportion of market value circulating in the industry and positions. Focus on household appliances, non-ferrous metals and other industriesbestslotswelcomebonusnowagering, pay attention to the trend of incremental funds such as capital from the north. Risks include changes in public offering allocation and changes in institutional funds.
Newsletter text
[Public offering stock positions have attracted market attention, and the capital game pattern has emerged]
As the pricing power of public funds in the market has been reduced, the impact of their behavior on the performance of heavy-duty industries cannot be underestimated. Against the background of the game of existing capital stock, the decline in the shareholding ratio of public funds has not significantly weakened its impact on the overall market.
[Dynamic correlation analysis reveals the close connection between industry performance and public offering behavior]
The behavior of public funds shows a strong correlation with the performance of industries such as food and beverage, social services, and building materials. In the long run, the impact of changes in public fund positions on industry performance is dynamic and continuous.
[The proportion of public offering positions reflects the correlation of industry performance]
It shows that the proportion of public offering positions to the industry's circulating market value is the key to judging the correlation of industry performance, and its marginal changes have more significant predictive value on industry performance. According to static analysis, the overall correlation between industries with positions exceeding 6% and public offering behavior usually exceeds 65%.
[The public offering position ratio indicator provides auxiliary reference for industry performance]
Although the correlation between the proportion of public offering positions in the primary industry and industry performance is not significant, this relationship in the secondary industry shows a significant exponential correlation and can be used as an auxiliary reference indicator for investors.
[Food and beverage, building materials and other industries have become the focus of public fundraising]
Based on the stability of the correlation between behavior and performance, some industries such as food and beverage, building materials and household appliances are classified as strongly related industries for public offering; industries such as liquor II, cement, energy metals, and insurance II are also regarded as strongly related areas for public offering.
[Analysis of multiple factors affecting the performance differences in the public offering industry]
Against the background of increased public offerings, high concentration of positions, economic upswing and loose liquidity, industries related to strong public offerings generally performed better than other industries. When the concentration of public offering positions increased, the performance of strongly related industries was particularly prominent. Improvements in economic and liquidity conditions are also key factors in the excellent performance of strongly related industries.
[Strong public offering related industries that continue to increase positions are worthy of attention]
Strongly related industries where public funds continue to increase positions, such as household appliances, deserve close attention from investors. The non-ferrous metals industry has also become the focus of market attention due to the increase in public offering positions and the significant improvement in its correlation with public offering behavior. In addition, as the food and beverage, banking and electronics industries have become the main direction of incremental capital allocation, they should also receive the attention of investors.
[Risk warning: industry allocation shifts and capital scale changes]
The sharp shift in the allocation of the public fund industry and the large changes in the scale of funds from other institutions may have an impact on the market. The future application of historical laws may face uncertainty, and investors should remain vigilant.