Benchmark Index Heat Maps
Close: Friday, March 11, 2005:
NASDAQ 100 -
S & P 1500 Composite -
S & P 500 -
S & P MidCap 400 -
S & P SmallCap 600 -
Russell 1000 -
Russell 2000
Close (by Sector): Friday, February 25, 2005:
Russell 3000 -
S & P 1500 Composite -
ETFs (Exchange Traded Funds)
Verve Capital Market Monitors:
U.S. Market Monitor - Global Market Monitor - Brazil Market Monitor
About the Benchmark Index HeatMaps
Welcome!
These VCII Heat Maps are created with the export feature of Advanced Analyzer, a product of Ten Bagger, Inc.
These Excel files are fully color-coded and computed to convey information. And they contain both technical and fundamental data columns, about equally divided. As you read down this page, keep in mind that the VCII Benchmark Index Heat Maps are a method to view up to 3000 charts from a table; rapidly.
A click on the Benchmark Index HeatMap links at the top brings down the selected benchmark index sorted "Green to Red" by strength and by quintile.
All constituents of the indices are web-linked. The company name is deep-linked to a main company web site page. The company symbol is linked to a Yahoo! detailed quote.
These VCII Heat Maps, especially the Russell 3000, serve well as Benchmark Index Stock Guides. The Russell 3000 Heat Map comprises 98% of the U.S. market's domestic capitalization.
Verve Capital developed the proprietary sorts. All stock universes when sorted correlate strongly
with the 52-week high, which is not a sort variable. The correlation coefficients by quintile for the Russell 3000 Iindex can be viewed by clicking on this MS Word document.
Once sorted, the universe members are divided into quintiles, each by "green to red". The Green to Red Sort results in a precise sort. Every member of each index has an ordinal row number. The strongest/weakest industries and stocks will tend to group toward the top/bottom.
The files will sometimes open to the Heat Map Overview which contains the correlation coeficients for the benchmark index. This illustrates the "why" to use them often.
From there, Control+Home will take you to the Heat Map Heart. This area is pre-set as the print area and will print, landscape, on letter size paper. The area is displayed for printing a Page 2 (fundamentals) and a Page 3, if indicated, (which focuses on the sort variables).
The sort columns are to the right of the HeatMap Heart. The "Break Out Today" column is near to the sort area. One can "jump down" this column for the daily breakouts/breakdowns within the index.
The price to 52-week high is color-coded. Ratios less than 80% of the 52-week high are "red". Stocks within 1.5% of the high are colored "navy blue".
The VCI (Volume Change Integer) is the volume change 1 mo. over 6 mos. This ratio is placed to the 4th power and rounded up to the next integer. A stock will not have a VCI of 2 until the volume change is greater than 19%. The VCI became a sort criterion because it results in tied values for
a third sort, the RSI Delta.
Quintiles I - III are sorted with VCI descending. Quintiles IV - V are sorted with VCI ascending.
This pushes stocks with high volume changes and high RSIs closer to the top of their quintile.
The stocks with low RSIs trading on heavy volume are pushed lower in the last two quintiles.
"Quintile Migration" - migration between quintiles -is a dynamic variable we use. There are
ten opportunities to discern prospective movement between quintiles. Quintiles I-III, as groups,
may be considered no less than "hold". Quintiles IV-V may be viewed, as groups, a "source of funds". This quintile band juxtaposition creates "paired trade opportunities" for keeping a portfolio fresh.
The Net Bull/Bear indicators (28 in all) are the primary sort within the quintiles.
We classify a Net Bull/Bear as low as minus one (-1) "acceptable" and these values + 14 to minus 1) are colored green in the Net Bull/Bear column. (Agreed; that the above tolerances are set wide).
The RSI Delta is the net change from todays's moving average RSI from the source RSI. The RSI Delta is the 3rd sort within the quintiles.
The result of the RSI Delta sort is that stocks rising on volume with positive RSI Delta are pushed upward. Stocks
declining on volume with negative RSI Delta are pushed downward.This feature appears both in the universe as a whole and within each quintile
The data displayed is collected from "Advanced Analyzer", a product of Ten Bagger,Inc.. Advanced Analyzer can be downloaded and subscribed to at Advanced Analyzer.com.
Verve Capital International Inc. (the "VCII") provides portfolio consulting services. The most popular use is to meld a portfolio into a benchmark index selected by the manager. Consulting levels vary from
this base.
A VCII Benchmark Index Heat Map CD can be ordered through vcii97@optonline.net. The CD contains the templates with which the Heat Maps are created and the Advanced Analyzer importable files for same.
This CD also contains watchlists for Level II & III ADR's. (the majority of downloads to date are from abroad).
The CD is priced at US$ 30.00, plus
shipping as required.
One can subscribe to Advanced Analyzer via the CD, as well (recommended).
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