Hidden Gems: Indices/Sectors

9 November 2018 | Dwaine van Vuuren
 


For over 30 years, Sharenet has been providing SA traders and investors JSE market data and research. Naturally, over this time the website has evolved somewhat to the point that many new features are overlooked or missed by users. Quite often my research team, analysts or traders on our dealing desk request features important for them to fulfil their tasks and after adding them we do a poor job communicating this to clients.

This bi-weekly series aims to rectify this and will focus on these unique "hidden gems" inside our website that can make you a far more effective market participant. We focus on those powerful features that we can see not a lot of users are making use of.

USING INDICES and SECTORS:

This has to be one of the most under-rated but unique features on Sharenet.

FTSE/JSE indices are free-float weighted indices of JSE shares, constructed by the Financial Times Stock Exchange (FTSE) equity indices division. The FTSE, or the FTSE Group, is a company, similar to Standard & Poor’s that specializes in index calculation.

The FTSE/JSE indices are available from the SPOT PRICES section on our home page:

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Clicking on it reveals over 100 FTSE/JSE Indices as shown below:

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But this page is accessed a lot. It’s not the hidden Gem! The hidden Gem is that people don’t know that you can click on most indices in this list to see the underlying shares.

Below is an example of clicking on the Mid-Cap (J201) index:

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This is where things get really cool. We show the 1-min intraday price of the index on the top left and the 12-month chart to the right of it.

But more importantly, you can sort the table of components by any heading! You can see the shares that dominate the index (by market-cap) or instantly view Top-movers for the day.

This last feature is really powerful. If we click on the %Move heading we get the following, which is the biggest losers of the Mid-Cap index today (15-min delayed for public)

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Clicking on the %Move heading again, we can reverse the sort direction showing the biggest gainers, as shown below:

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Using these %Move table-heading sorts you can pick out the major movers for any JSE Index!

But wait, there’s more! Click on any part of a share name and you will be taken to our comprehensive Quickshare page for the share. There’s a heap of hidden Gems in that page, but we will cover that another day.

We’re still not done! Click on the sector number the share belongs to. For example, for OCEANA GROUP, click on 3573 and we get to see all of OCEANA’s peers and how they are all comparing to each other and to the JSE sector they belong to!

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Again, everything you could do on the Index page you can do in the Sectors page! So, we could use the sort function on the %Move table-heading to see the major movers in the Farming and Fishing Sector!

So basically, you can look for major movers in over 100 FTSE indices and over 75 JSE sectors!

You may want to browse JSE sectors instead of FTSE Indices. Just click on the button shown below on the top right of your page:

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and hey presto - a list of all JSE prescribed sectors that are available to browse will be displayed:

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Now that was a whole bunch of Hidden Gems!

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Dwaine
Dwaine van Vuuren
Retail-side Research
RecessionAlert, Sharenet Analytics

Dwaine van Vuuren is a full-time trader, global investor and stock-market researcher. His passion for numbers and keen research & analytic ability has helped grow RecessionALERT.com (US based) and PowerStocks Research (now Sharenet Analytics) into companies used by hundreds of hedge funds, brokerage firms, financial advisers and private investors around the world. An enthusiastic educator, he will have you trading and investing with confidence & discipline.


Disclaimer:
The information contained in this article is for informational purposes only and must not be regarded as a prospectus for any security, financial product or transaction. It is neither to be construed as financial advice nor to be regarded as a definitive analysis of any financial issue. Investors should consider this research/article as only a single factor in making their investment decision. We recommend you consult a financial planner/advisor to take into account your particular investment objectives, financial situation and individual needs. The views and opinions (where expressed) in this article are those of the author and do not necessarily reflect the official policy or position of Sharenet.