As I analyze the charts of DJI and S&P300, a compelling narrative emerges. To establish a higher low, DJI needs to revisit its support level, approximately 2% lower from current levels, before the end of this month. To gain more confidence in the overall market structure, I constructed an S&P300 index by selecting the top 300 volatile stocks from the S&P500,...
I have done extensive analysis on lot of stocks to see, which group of stocks gives more returns compared to market, index or any other household branded companies. Before i get into alternative to beta, here i will try to get into the details of beta calculation to understand ourselves why beta may not represent true nature or momentum of a stock. How is beta...