Pan-Asia Index Rebalances/ Events/ Delta One, Periscope Analytics

Brian Freitas

Highly experienced ex-Delta One trader with 17 years of experience trading arbitrage and related strategies across Asian markets.

Exempt Financial Adviser (EFA) under CrossASEAN Research Pte Ltd.

It is important to note that the information provided by Periscope Analytics is based on publicly available data and own knowledge, which has been gathered and synthesized from a variety of sources. While every effort has been made to ensure the accuracy and completeness of the information provided, it is not guaranteed to be free from errors or omissions.

All forecasts and estimates are based on information that has been obtained from public sources that are considered to be reliable. The sources include, but are not limited to, company announcements, exchange filings, ETF and other passive investment vehicle holdings, and free float and volume data from third-party data providers. Periscope Analytics does not guarantee the accuracy and completeness of the forecasts, estimates and/or other information.

Pan-Asia Index Rebalances/ Events/ Delta One

Lynas Rare Earths (LYC AU): Global Index Inclusion & Passive Flows as Rare Earths Get Rarer

Australia: Six Stocks in Passive Selling Crosshairs for February

S&P/ASX Indices: Proposed Methodology Changes & The BIG September Rebalance

Evolution Mining (EVN AU): Global Index Inclusion in May as Gold Rallies

Greatland Resources (GGP AU): Big Index Inclusions for Recent IPO

Gemlife (GLF AU): Index Inclusions Start Later This Year

Periscope Analytics

Periscope Analytics focuses on event-driven trades across Asia Pacific and provides comprehensive, timely and systematic coverage of index changes to major Asia Pacific indices in a structured manner.

The analysis includes forecasted inclusions and exclusions to all major Asian indices that have significant amount of tracking assets, including estimates of passive buy/sell flow on the stocks. The service also provides commentary and impact of market consultations, ground rule changes, and other events (IPOs, spin-offs, M&A) that could lead to index changes and passive flow.

Periscope Analytics works with multi-strategy hedge funds, proprietary trading firms, stat arb trading groups and long-only investors that invest and trade in the Asia Pacific region with the data being used to trade index rebalances, avoid pre-positioning and passive flow, and to time entry into and exit from stocks.

Event-Driven Trades Across Asia Pacific

Index Rebalance

<ul>
<li>
<a href="https://www.smartkarma.com/entities/reece-ltd" target="_blank" data-smartkarma-citation="entities:3186:1" rel="noopener">Reece Ltd (REH AU)</a>'s stock price has dropped a lot over the last year, and the significantly lower market cap could result in global index deletion in August. </li>
<li>Short interest started to pick up early this year and has accelerated over the last couple of months. There are indications of positioning in the stock.</li>
<li>
<a href="https://www.smartkarma.com/entities/reece-ltd" target="_blank" data-smartkarma-citation="entities:3186:1" rel="noopener">Reece Ltd (REH AU)</a> has underperformed its peers but still trades at a higher EV/EBITDA and forward PE compared to most of its peer group.</li>
</ul>



Reece Ltd (REH AU)'s stock price has dropped a lot over the last year, and the significantly lower market cap could result in global index deletion in August. 
Short interest started to pick up early this year and has accelerated over the last couple of months. There are indications of positioning in the stock.

Reece Ltd (REH AU) has underperformed its peers but still trades at a higher EV/EBITDA and forward PE compared to most of its peer group.


Reece (REH AU): Positioning Increases as Global Index Deletion Nears