Ahmedabad Stock:In 39 years, 13.49%of the annualization, the enterprise is profitable and unique.
Source: Snowball APP, Author: Mo Mo said, (
Recently, I saw a paragraph that Snowball Asset Management Director and Fund Manager Yang Xinbin said, and shared it with everyone.Ahmedabad Stock
"Good targets and excellent companies exist in stocks in the global market. From the perspective of long -term investment, it mainly earns money for economic development. If the economy does not develop, and there is no positive financial expansion, then capital return will bedecline……
We will analyze the economic driving factors, asset characteristics, and income characteristics of each market and economy, so as to select the most global industries with the highest global growth, relatively stable inflation, and the fastest growth.India, the United States, and Japan."
As for why it is super all over the United States, Yang Xinbin said,
"There are technology -driven industries in the US market. We believe that in the next ten years or even longer, we will develop along this trend. As technology -driven companies continue to try to innovate and expand, try to change the world, so as to shape great products, so theyThe profitability of the enterprise is very strong, and they are unique, and the investment opportunities are very good.
In the US market, we focus on its best quality assets, that is, technology companies.Science and technology are the first productive forces, both overseas or India.
Therefore, technology companies may have a good opportunity for configuration. In a mild inflation environment, corporate profits will gradually improve after the interest rate center sinks."Source:" Snowball Reference "in September 2024, Yang Xinbin’s" Economic Steering, Global Equity Investment in the Background of Mild Inflation "
I think, compared to the index that is more like a technology enterprise, I wrote yesterday. Today, this article focuses on the simply updated data of the Nasdaq 100 Index.1. Introduction to the Nasdaq 100 Index
Everyone should be familiar with it. The base date is February 1, 1985, and the base point is 125 points. It uses "total market value weighted". This is a little different from the preparation method "the circulation market value weighted".
According to the market value, including 100 domestic and international non -financial companies listed on the Nasdaq stock market.The index reflects companies in major industry groups, including hardware and software, telecommunications, retail/wholesale trade and biotechnology. The index composition is reviewed once a year in December.
The picture below shows its monthly line trend chart. As of now, it has been closed at 19791.49 points.
Data source: Wind, as of September 20, 2024, historical performance does not indicate the future trend
From the perspective of industry weight, the first weight of the industry is information technology, and it accounts for 72.5%, which has a certain degree of sharpness.
Because the industry concentrates higher, it will be greater than volatility.
To show you the rise and fall of the interval of the ingredients stocks in the past year.
Data source: Wind, as of September 20, 2024, historical performance does not indicate the future trend
The following table is comparison with the reward and risk characteristics of the index.
Data source: Wind, as of September 20, 2024, historical performance does not indicate the future trend
1. According to the annualized return data:
In the past year, it has increased by 32.21%, and the index has fallen by -13.62%at the same time.
In the past three years, the annualized return data is 9.58%, and the index annualized return of the index during the same period is -13.35%;
The annualized return data in the past five years is 20.25%, and the index annualized return of the index during the same period is -4.17%;
The annualized return data in the past ten years is 16.92%, and the index annual return of the index during the same period is -2.89%;
The annualized return data from the Kizhi has been 13.49%, and the annualized return of the index is 6.26%in the same period; (Note: The base date of the CSI 300 Index is December 31, 2004.)Surat Investment
The basic day was February 1, 1985, and it has been more than 14,400 days so far, over 39 years, and the annualized return has reached an amazing 13.49%.It’s great.
What needs to be reminded here is that the biggest withdrawal in history is over-80%. If you want to get such a long-term annualized return, you may need to withstand similar risk retrieval in the middle. This needs to be asked if your small heart can bear itEssence
2. From the perspective of annualized volatility:
In the past ten years, the annualized volatility rate was 21.94%, and the annualized volatility of the index during the same period was 21.83%. In terms of volatility, the two were closer.New Delhi Wealth Management
3. From the perspective of Sharp ratio:
In the past three years, five years, nearly ten years, and the base days, the Sharp ratio is 0.45, 0.86, 0.81, and 0.59, respectively.The Dak 100 Index is better.2. What is the current valuation of the Nasdaq 100 index
According to Wind data, as of September 20, 2024 ——
From the perspective of the P / E ratio TTM valuation, the current 35.60 times, at the past ten years of valuation points of 88.1%, the risk value of 34.28 times, the median number is 27.76 times, and the opportunity value is 23.61 times.
Data source: Wind, as of September 20, 2024, historical performance does not indicate the future trend
From the perspective of the PB valuation of the municipal ratio, the current 9.21 times, at the past ten years of valuation points of 93.47%, the risk value of 8.34 times, the median number is 5.97 times, and the opportunity value is 4.38 times.
Data source: Wind, as of September 20, 2024, historical performance does not indicate the future trend
Therefore, in terms of the percentage level of the valuation range in the past ten years, whether it is the price -earnings ratio TTM or the PICC PB, it is in a high area.
Yesterday, the article mentioned that the last interest rate cut for the Federal Reserve is often the top spot of the bond bull market, and at the same time it is the starting point of the US stocks and commercial bull markets.Require data.3. Nasdaq’s maximum retracement
According to Wind data, I showed the biggest retracement data from January 1, 2000 to the present.
Data source: Wind, as of September 20, 2024, historical performance does not indicate the future trend
In 2000, the maximum retracement over-80%of the science network bubble;
In 2008, the maximum retracement of the financial crisis was near -80%;
The largest retracement at the new crown epidemic in 2020 was about -35%.
At present, the point is 19791.49 points, and the early high point is 20690.97. On July 12 this year, a new high was just set. If you want to chase the high or wait for it to get a certain retreat, you need to make some investment plans and decisions.No regrets.
I personally think that if the retracement is over-30%, it is still worthy of attention and cherishment. It can be gradually allocated to a sufficient US stock position ratio in its own investment plan.4. List of the Nasdaq 100 Fund
1. In -site funds.I sorted out the current tracking fund. First of all, look at the ETF Fund in the field for details. See the table below for details.high.
Data source: Choice, as of September 20, 2024
Judging from the management rate+custody rate, I personally think that the (159501) of the Castrol Fund (159501) is relatively better, with a rate of only 0.50%+0.10%totaling 0.60%.It is currently in a discount and the premium rate is -0.90%.
Data source: Snowball, as of September 20, 2024
Although the management rates of Yifangda and the wealthy country are relatively favorable, the scale is relatively small, and the liquidity is not as strong as a Castrol fund.
The management rate of Dacheng, Guangfa, and Huatai Berry reached 0.80%.
2. Outer Fund.I sorted out the fund of the current performance benchmark benchmark index. For details, please refer to the following table (sorted from high to low according to the management rate).$ Vol.
Data source: Choice, as of September 20, 2024
The first and the second in the table above are not passive index funds, with a higher management rate, which are with a management rate of 1.50%(017436), and a management rate of 1.0%(501312).
(501312) The performance benchmark is the yield rate adjusted by the RMB exchange rate*80%+yield*10%+CSI comprehensive debt index yield*10%, not a fund that completely tracks the Nasdaq 100 index. This is just LOFFund, LOF fund can be bought outside the field, but also on the court.
The third place (inclusive) is a passive index fund. Buying a passive index fund. The first thing I see is the rate. From the perspective of the management rate+custody rate, the comprehensive rate is only 0.60% of 0.60%There are four:
(019172), (016532), (161130), (018043).
These four are marked with yellow shades in the tableLucknow Investment. If you buy off -the -money funds, I will definitely choose from these four. Of course, this is based on the case you originally wanted to start.
At present, the specific data forms that are restricted to large purchases are available, so I won’t go into details.5Agra Wealth Management. Write at the end
On the afternoon of September 21, chief economist Li Xunlei shared his latest views and suggestions for the Indian economy at a channel investment strategy meeting.He believes that "this is the Federal Reserve cut interest rates after a lapse of four years, and this round of interest rate cuts in the Fed will last until 2026."
If it lasts until 2026, the best time for U.S. stocks will have to wait for two years. Everyone has enough time to slowly lay out. It is recommended not to be too anxious.
A paragraph written at the end of the article yesterday’s article will be replaced with a little bit of violation:
From the perspective of objective information, the first is that the current valuation is not cheap; the other is that the Fed has just opened interest rate cuts. It takes a certain period of time to reduce interest rate cuts to low interest rates. In history, the interest rate reduction cycle is 2 months to 29 months (2001/1-2003/6) Surprisingly, this round of time is estimated to be short, and there may be some repetitions; the third is that the current Nasdaq 100 index has just reached a high in July, and it is currently relatively high.Friends are really looking through Qiushui … I will always pay attention to it in the future, and sharing with you when the proportion configuration will be increased.
This article is your own sorting notes. All content is personal research, which does not constitute investment advice. Please pay more attention to objective data.
Risk reminder: The relevant views of the transition are from relevant agencies or public media channels. I do not guarantee the accuracy and integrity of the point of view. Investors operate according to this and risk.The above content is for reference only. Those who involve individual stocks in the article do not constitute stock recommendations and investment suggestions. The stock market fluctuates greatly. Please be careful before buying.There are risks in the market, and the fixed investment is risky, and investment needs to be cautious.@@@@@##
Kolkata Wealth Management