Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
HDFC Bank (NYSE:HBD) became one of the most valuable financial institutions in the world in 2023 following the merger with HDFC Ltd — India’s premier housing finance company. However, the stock hasn’t impressed investors since the merger due to a stretched valuation and falling margins. While I appreciate the long-term trends behind investing in one of India’s premier institutions, I’m neutral on HDFC Bank. HDFC Is a New Beast, But Investors Aren’t Keen HDFC Bank’s merger with HDFC Ltd created a
China Construction Bank and HDFC Bank stocks see over 15% growth while Canadian multinational bank TD Bank loses nearly 10% market value
Artisan Partners, an investment management company, released its “Artisan Developing World Fund” second quarter 2024 investor letter. A copy of the same can be downloaded here. In the second quarter, the fund (Investor Class) returned 4.72% compared to 5.00% for the MSCI Emerging Markets Index. The Artisan Developing World Fund has returned 127.46% cumulatively, since June […]
Mitsubishi UFJ's (MUFG) negotiation for a minority stake in the HDFC's consumer lending unit, HDB Financials, is delayed. The company is considering sweetening its offer to crack the deal.
(Bloomberg) -- Mitsubishi UFJ Financial Group Inc.’s negotiations for a minority stake in HDFC Bank Ltd.’s consumer lending unit are stalling due to differences over how much say it will have in company strategy, according to people familiar with the matter.Most Read from BloombergUS Allies Say China Is Developing Attack Drones for RussiaChina Can End Russia’s War in Ukraine With One Phone Call, Finland SaysBiden Struggles to Contain Pressure to Abandon Reelection BidHouse Democrats Consider Dem
Investment management company Ave Maria recently released its “Ave Maria World Equity Fund” first quarter 2024 investor letter. A copy of the letter can be downloaded here. In the first quarter, the fund returned 6.54% compared to the MSCI All Country World Index’s 8.20% return. Since its inception on April 30, 2010, the fund’s annualized […]
Prime Minister Narendra Modi's party failed to deliver the expected landslide win, clouding the outlook for growth and reform policies.
Polen Capital, an investment management company, released its “Polen Emerging Markets Growth Strategy” first quarter 2024 investor letter. A copy of the letter can be downloaded here. The fund returned 1.48% gross and 1.25% net of fees in the quarter compared to 2.37% for the MSCI Emerging Markets Index. Emerging market securities rose in the […]
Harding Loevner, an asset management company, released its “Emerging Markets Equity Strategy” first-quarter 2024 investor letter. A copy of the letter can be downloaded here. In the first quarter, the fund declined 0.1% gross of fees and fell short of the MSCI Emerging Markets Index, which posted a return of 2.4%. Weak stock selection in […]
Exit polls forecast a landslide win for Prime Minister Narendra Modi but vote counting trends reversed hopes for a clear majority.