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Nairaland Forum / Nairaland / General / Investment / Nigerian Stock Exchange Market Pick Alerts (11378701 Views)
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Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 3:59pm On Aug 18, 2019 |
...my simple advise to forumites is to check their facts very well before jumping onto a train-wagon! Using VWAP calculations which was designed for intra-day, not even daily (designed specifically for 1 minute to 5 minutes maximum) for prototyping daily, weekly, monthly does not exist in trading. The same "leading indicator" tool that was used to predict UACN reaching 16, when price was at 6, is now hovering around 4.5 ![]() ![]() ![]() ![]() ![]() 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 4:04pm On Aug 18, 2019 |
valentinenwoko:...if you are planning long term investment, the stock price is cheaper than ever, you can start accumulating little by little & if you want to wait till 3.25, best of luck. For short term - stay clear now. ![]() ![]() ![]() ![]() ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 4:06pm On Aug 18, 2019 |
meshpips:No be una dey calculate and drag my ogas into it? You just concentrated on only GTB. What about those of us who are not GTB fans? ![]() Anyway, those 'forest' people dey make their bale in millions steadily for this same market and still dey help others make money o, so make una give them their respect. ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:11pm On Aug 18, 2019 |
BullBearMkt: Meshpip's much-touted volume adjusted price is just like the VWAP you know. Look at it this way: People buy stock A at different prices (high, low, close) and volumes Let's say (P= Price and V=volume) So over the course of a period (say 1 hour, 2 hours etc till a day), you see P1...... V1 P2...... V2 P3....... V3 .... .... .... Till Pn..... Vn So the VWAP = [Sum (P1V1 + P2V2 + P3V3 +....... +PnVn)] /Sum(V1 + V2 + V3 + Vn) This computation will give you the Volume weighted Average Price which can be higher or lower than the closing price. For his "almighty formula" , it involves you repeating this for the particular time frame you are monitoring. Instead oif doing per day, you sum today with the previous day and continue adding till you get the final cumulative value. Divide this value with the cumulative volume for the period. Remember each line of the day must have been a cumulative for the previous other ones. That way you be getting a price which he termed "volume adjusted" ![]() Then for the entire period modelled, he will then use Bell curve to distribute it normally by finding the Mean price and the standard deviation. There is nothing there! Just an academic exercise which has its limitations. In a sharp and lasting bullish market, it just doesn't work. Example is Google. Will the price every revert to its mean? Other limitation is the access to price data. A company like FBN can easily revert to its mean because there are events that js making it lose value. And I believe that was why he said UACN was a BUY ![]() ![]() FA know why. So you can't use that in isolation in determining asset prices. BBM, don't let me bore you with academic exercise. I just wanted to prove to him that I no dey run for number crunching. 5 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 4:12pm On Aug 18, 2019 |
BullBearMkt:Intraday! Just imagine! How can someone like me bother myself with this kind of calculation? You ogas tried and its educative anyway............for those who cares to know/learn how it works. ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by meshpips(m): 4:15pm On Aug 18, 2019 |
BullBearMkt: Oga BBM, Me nor dey use VWAP to determine exact reversal point o! Abeg nor come put weed for my pocket o! Ever heard of the ENEMY called AVERAGE? Even a dull SS 1 maths student knows that you don't use measures of CENTRAL TENDENCY to determine extremum points. The correct thing to use is a measure of DISPERSION. Kapish? 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by meshpips(m): 4:16pm On Aug 18, 2019 |
RabbiDoracle: This man here is almost becoming a "new convert " Lol |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:18pm On Aug 18, 2019 |
BullBearMkt: Your head is there!!! ![]() ![]() Do you know why his model flagged that? UACN had been trading at high prices. So this will show that the Mean Price will tend towards that higher prices. But in his analysis, he will not consider current events in the company (Fundamental analysis). So when you compare the current price to the historical Mean, he will have very sharp (negative) deviation away from the Mean and he will call it a BUY signal. It is just an academic exercise. Imagine what Diamond bank Mean Price will be in 2018 or Unity Bank sef? 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 4:18pm On Aug 18, 2019 |
RabbiDoracle:@RabbiDoracle, I see some flaws in your post, but I'm not interested in going further with this issue. Best of luck to anyone who is pursuing this. ![]() ![]() ![]() ![]() ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by meshpips(m): 4:28pm On Aug 18, 2019 |
BullBearMkt: Bros, nor dey fall your hand like this na. You dey wear any optical organ enhancer? Spectacles or "goggles"? Please go back to my post on UACN and check the time frame on which I did the analysis. Check and confirm that it was YEARLY time frame I used. Then please come back to your post and correct that your misleading information. Thank you. |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:29pm On Aug 18, 2019 |
meshpips: You thought no one knows what you know. You should know that what you are describing as your almighty modelling tool employed the basic of mathematics, yet we all studied engineering and excelled in the abstract maths and you think that people will not understand what you describe. You majored in Fluid dynamics, most engineers here know everything you know. Dem just no get time to dey do academic work. Na money we dey find. ![]() 4 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:33pm On Aug 18, 2019 |
BullBearMkt: Bros, I don't use VWAP or Price adjusted whatever. What I did was to demystify what Meshpip says he is the first to use. If you get any stock that will give me 18% dividend yield after WHT, talk o.... That is the kind of news I chase. ![]() 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 4:35pm On Aug 18, 2019 |
meshpips:...my message really is - whatever tools you use is not DEFINITIVE and you should not run down others. Even yours is not perfect either ![]() ![]() ![]() ![]() ![]() 3 Likes
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Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:36pm On Aug 18, 2019 |
BullBearMkt: Price target was 24 and not 16 ![]() Make I go drink abeg! |
Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 4:39pm On Aug 18, 2019 |
THE REWARD OF THE FRONT LINERS. WHO ARE THE FRONT LINERS? ... https://www.nairaland.com/3560501/holineness-righteousness-revival-messages-bible/24#81368880 |
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 4:46pm On Aug 18, 2019 |
veecovee: Na meshpips |
Re: Nigerian Stock Exchange Market Pick Alerts by olukiesy(m): 4:56pm On Aug 18, 2019 |
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Re: Nigerian Stock Exchange Market Pick Alerts by ZikkyChops(m): 5:02pm On Aug 18, 2019 |
The reading makes my Sunday. |
Re: Nigerian Stock Exchange Market Pick Alerts by samguru(m): 5:08pm On Aug 18, 2019 |
This week our ministers will be unveiled and naira is set to nosedive this week. The money market will remain bullish Bond market may go bearish Stock market is certainly going to be bearish Thank you |
Re: Nigerian Stock Exchange Market Pick Alerts by owoblow77: 5:15pm On Aug 18, 2019 |
1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Valueinvestor: 5:24pm On Aug 18, 2019 |
Am confused o,is this the same NSEMPA thread or further maths thread, abi which kind wahala be this,so person cannot come and buy UACN at 4.50,or zenith at 16.00 and sleep with peace of mind.Even gtb sef at 26 with 30k interim div,people still dey fear. Chai,naija economy don make plenty good stock suffer o. ![]() 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 5:47pm On Aug 18, 2019 |
Trump called the CEOs of 3 Biggest. Banks in the US as stock market plunges Hope we fit see this action from ur Presido https://www-cnbc-com.cdn.ampproject.org/v/s/www.cnbc.com/amp/2019/08/16/trump-reportedly-held-call-with-major-bank-ceos-on-wednesday-as-the-stock-market-plunged.html?amp_js_v=a2&_gsa=1#referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s&share=https%3A%2F%2Fwww.cnbc.com%2F2019%2F08%2F16%2Ftrump-reportedly-held-call-with-major-bank-ceos-on-wednesday-as-the-stock-market-plunged.html |
Re: Nigerian Stock Exchange Market Pick Alerts by megamart247(m): 6:02pm On Aug 18, 2019 |
meshpips: Elder memphis abeg help us touchlight Union Diagnostics. Since their book is now clean should we keep waiting at 20kobo carpark or should we come up to 21kobo? 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Northeastern: 6:10pm On Aug 18, 2019 |
meshpips: Why the lies? Even your pm to that guy went unanswered. The simple question I always ask is how can you be analyzing what you don’t know? Given that prices tend to move together on the NSE, how could you be giving a buy recommendation on some companies and a sell on others? You don’t know what you’re doing. You called for the head of the most efficient company on the NSE, a major contributor to the ASI, and endorsed less efficient companies like UACN and access to be better. You don’t know what you’re doing and you now laced that ignorance with seeking proprietary gains. You called for investors to scam, once you were found out, you went to pull the charts of Palladium in hindsight. You had also wanted to sell metastock subscription to someone here. Seeking money is unheard of here, that is not what we set out to achieve here. You are just rambling in this free space with your vindictive tendencies that have done you great harm. You want a call from me? Do I sound like someone that is seeking for validation or who to scam? Chief pm sender, continue in your folly of seeking validation to scam folks.
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Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 6:16pm On Aug 18, 2019 |
Mcy56: My Sister, i just activated my observation mode. According to Agba.. Good FA will determine how to apply TA. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 6:19pm On Aug 18, 2019 |
RabbiDoracle: I trust you �. But the market no send number crunching o. The market is very irrational. |
Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 6:29pm On Aug 18, 2019 |
Valueinvestor: ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by jamace(m): 6:44pm On Aug 18, 2019 |
Academic exercise no be success o ![]() ![]() ![]() 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by chillykelly86(m): 7:46pm On Aug 18, 2019 |
@RabbiDOracle, thanks for your efforts. Its sacrificial of you to have gone to those lengths. I was getting concerned that some persons were beginning to take a price call of a marketing strategy seriously because of a general bearish trend. |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 8:06pm On Aug 18, 2019 |
chillykelly86:ok |
Re: Nigerian Stock Exchange Market Pick Alerts by arduino: 10:15pm On Aug 18, 2019 |
Mcy56:As long as no be LAPLACE Transform, my hands no dey oohh 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 10:39pm On Aug 18, 2019 |
Mcy56: See wetin Bear dey cause..my eyes dey � dizzy..dey wobble as i dey read all these discussions on WAP or wapco dem call am I beg Oga Rabbi onifa just ignore ..cos most of us no understand all these terms VWAP..velocity..weight..Acceleration..Pressure.. ![]() Since i join this forum i neva hear all these b4 ..BULL i beg come back 2 Likes 1 Share |
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