How and Why Do I Do Market Sentiment Analysis
My proprietary tool, the Market Sentiment Index, is designed to gauge the consolidated sentiment of all brokers involved in trading a particular stock during a specified timeframe. Unlike what is available on standard stock broker platforms, this unique indicator is an exclusive creation of Equilyst Analytics.
The Market Sentiment Index plays a vital role in generating a comprehensive understanding of market sentiment, enabling us to determine whether the overall sentiment leans toward a bullish or bearish bias.
It addresses the following key questions:
- How many participating brokers have recorded a positive Net Amount?
- How many participating brokers have registered a higher buying average compared to the selling average?
- What are the average buying and selling amounts across all participating brokers?
- How many participating brokers have engaged in 100% buying and selling activity?
As part of my data-driven sentiment analysis, the Market Sentiment Index acts as a neutralizer alongside other indicators within my Evergreen Strategy, which is a proprietary algorithm used for trading and investing in the Philippine stock market.
Consider a scenario where all the other indicators of my Evergreen Strategy indicate a bullish market outlook. However, if the Market Sentiment Index for a particular stock indicates a bearish sentiment, it serves as a data-driven reminder to exercise caution.
To proceed with caution, I closely monitor my trailing stop and refrain from purchasing during dips unless a confirmed buy signal is generated by my Evergreen Strategy. Additionally, I adopt a proactive approach by trimming losses or selling all shares if the Market Sentiment Index and Dominant Range Index of a stock have consecutively exhibited bearish trends for 2 to 3 days, even if my trailing stop is still intact. I refer to this proactive action as pre-empting my trailing stop, prioritizing risk management in response to prevailing market conditions.
In this complimentary report, it is my pleasure to present the Market Sentiment Index for the following REIT stocks, accompanied by their corresponding date and time stamps as shown on their charts. I invite you to take advantage of this insightful information and leverage it to enhance your understanding of the market dynamics surrounding these REIT stocks.
AREIT
Market Sentiment Index: BULLISH
26 of the 38 participating brokers, or 68.42% of all participants, registered a positive Net Amount
21 of the 38 participating brokers, or 55.26% of all participants, registered a higher Buying Average than Selling Average
38 Participating Brokers’ Buying Average: ₱34.84637
38 Participating Brokers’ Selling Average: ₱34.93402
15 out of 38 participants, or 39.47% of all participants, registered a 100% BUYING activity
6 out of 38 participants, or 15.79% of all participants, registered a 100% SELLING activity
MREIT
Market Sentiment Index: BULLISH
16 of the 30 participating brokers, or 53.33% of all participants, registered a positive Net Amount
15 of the 30 participating brokers, or 50.00% of all participants, registered a higher Buying Average than Selling Average
30 Participating Brokers’ Buying Average: ₱14.40531
30 Participating Brokers’ Selling Average: ₱14.43993
11 out of 30 participants, or 36.67% of all participants, registered a 100% BUYING activity
8 out of 30 participants, or 26.67% of all participants, registered a 100% SELLING activity
DDMPR
Market Sentiment Index: BULLISH
12 of the 23 participating brokers, or 52.17% of all participants, registered a positive Net Amount
12 of the 23 participating brokers, or 52.17% of all participants, registered a higher Buying Average than Selling Average
23 Participating Brokers’ Buying Average: ₱1.27093
23 Participating Brokers’ Selling Average: ₱1.27218
7 out of 23 participants, or 30.43% of all participants, registered a 100% BUYING activity
5 out of 23 participants, or 21.74% of all participants, registered a 100% SELLING activity
CREIT
Market Sentiment Index: BEARISH
18 of the 31 participating brokers, or 58.06% of all participants, registered a positive Net Amount
16 of the 31 participating brokers, or 51.61% of all participants, registered a higher Buying Average than Selling Average
31 Participating Brokers’ Buying Average: ₱2.55344
31 Participating Brokers’ Selling Average: ₱2.55488
12 out of 31 participants, or 38.71% of all participants, registered a 100% BUYING activity
12 out of 31 participants, or 38.71% of all participants, registered a 100% SELLING activity
FILRT
Market Sentiment Index: BULLISH
30 of the 46 participating brokers, or 65.22% of all participants, registered a positive Net Amount
28 of the 46 participating brokers, or 60.87% of all participants, registered a higher Buying Average than Selling Average
46 Participating Brokers’ Buying Average: ₱3.51290
46 Participating Brokers’ Selling Average: ₱3.50344
20 out of 46 participants, or 43.48% of all participants, registered a 100% BUYING activity
8 out of 46 participants, or 17.39% of all participants, registered a 100% SELLING activity
RCR
Market Sentiment Index: BULLISH
16 of the 23 participating brokers, or 69.57% of all participants, registered a positive Net Amount
12 of the 23 participating brokers, or 52.17% of all participants, registered a higher Buying Average than Selling Average
23 Participating Brokers’ Buying Average: ₱5.75718
23 Participating Brokers’ Selling Average: ₱5.77349
9 out of 23 participants, or 39.13% of all participants, registered a 100% BUYING activity
5 out of 23 participants, or 21.74% of all participants, registered a 100% SELLING activity
VREIT
Market Sentiment Index: BULLISH
7 of the 11 participating brokers, or 63.64% of all participants, registered a positive Net Amount
6 of the 11 participating brokers, or 54.55% of all participants, registered a higher Buying Average than Selling Average
11 Participating Brokers’ Buying Average: ₱1.67577
11 Participating Brokers’ Selling Average: ₱1.67371
4 out of 11 participants, or 36.36% of all participants, registered a 100% BUYING activity
2 out of 11 participants, or 18.18% of all participants, registered a 100% SELLING activity
PREIT
Market Sentiment Index: BEARISH
3 of the 8 participating brokers, or 37.50% of all participants, registered a positive Net Amount
3 of the 8 participating brokers, or 37.50% of all participants, registered a higher Buying Average than Selling Average
8 Participating Brokers’ Buying Average: ₱1.54296
8 Participating Brokers’ Selling Average: ₱1.54653
0 out of 8 participants, or 0.00% of all participants, registered a 100% BUYING activity
3 out of 8 participants, or 37.50% of all participants, registered a 100% SELLING activity
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