Daily BriefsQuantitative Analysis

Daily Brief Quantitative Analysis: Is the Nasdaq100 (NDX INDEX) Correction Over? A Restart of the Uptrend May Be Just Around the Corner and more

In today’s briefing:

  • Is the Nasdaq100 (NDX INDEX) Correction Over? A Restart of the Uptrend May Be Just Around the Corner
  • KRX Foreign Holding Weekly (Jan 10th): SK Hynix, Samsung Electronics, Lg Energy Solution
  • Thailand Short Interest Weekly (Jan 10th): Delta Electronics, PTT, Bangkok Bank, Krung Thai Bank
  • TWSE Foreign Holding Weekly (Jan 10th): Mediatek, Accton Technology, TSMC, Pharmaessentia
  • TWSE Short Interest Weekly (Jan 10th): Hon Hai Precision Industry, Wiwynn, Yang Ming Marine


Is the Nasdaq100 (NDX INDEX) Correction Over? A Restart of the Uptrend May Be Just Around the Corner

By Nico Rosti

  • The Nasdaq-100 Stock Index (NDX INDEX) has closed down for 2 weeks in a row. Our models say another WEEKLY Close down will push the probability of reversal to 80%.
  • From a price model perspective the NDX‘s correction has been mild, it did not even reach the 25% probability of reversal so far. Potentially a bullish indication.
  • If the NDX continues to trend down this week, look at the 20388 support price area to start accumulation, the probability of reversal will be >50% past that point.

KRX Foreign Holding Weekly (Jan 10th): SK Hynix, Samsung Electronics, Lg Energy Solution

By Ke Yan, CFA, FRM

  • We analyzed the changes in foreign holdings of KRX stocks as of Jan 10th which has an aggregated holding worth USD476.0bn.
  • We estimate that foreign flows to be inflows of USD1,290mln. We tabulate the league table for top changes by value for 1W/4W/1Y and top stocks held by foreign institutions.
  • We highlight changes of foreign holdings in SK Hynix, Samsung Electronics, Lg Energy Solution.

Thailand Short Interest Weekly (Jan 10th): Delta Electronics, PTT, Bangkok Bank, Krung Thai Bank

By Ke Yan, CFA, FRM

  • We analyzed the changes in short interest of Stock Exchange of Thailand as of Jan 10th.We estimate that they had an aggregated short interest worth USD1.9bn.
  • We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases & decreases in short value, short as multiple of ADT.
  • We highlight short interest changes in Delta Electronics, PTT, Bangkok Bank, Krung Thai Bank, SCB X.

TWSE Foreign Holding Weekly (Jan 10th): Mediatek, Accton Technology, TSMC, Pharmaessentia

By Ke Yan, CFA, FRM

  • We analyzed the changes in foreign holdings of TWSE Stocks as of Jan 10th which has an aggregated holding worth USD1,021.4bn.
  • We estimate that foreign flows to be inflows of USD118mln. We tabulate the league table for top changes by value for 1W/4W/1Y and top stocks held by foreign institutions.
  • We highlight changes of foreign holdings in Mediatek, Accton Technology, TSMC, Pharmaessentia, Hon Hai Precision Industry, Evergreen Marine.

TWSE Short Interest Weekly (Jan 10th): Hon Hai Precision Industry, Wiwynn, Yang Ming Marine

By Ke Yan, CFA, FRM

  • We analyzed the changes in short interest of TWSE Stocks as of Jan 10th which has an aggregated short interest worth USD20.8bn.
  • We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases & decreases in short value, short as multiple of ADT.
  • We highlight short interest changes in Hon Hai Precision Industry, Wiwynn, Yang Ming Marine, Evergreen Marine, Hiwin Technologies, Alchip Technologies.

💡 Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • ✓ Unlimited Research Summaries
  • ✓ Personalised Alerts
  • ✓ Custom Watchlists
  • ✓ Company Data and News
  • ✓ Events & Webinars