Basic terms required for stock speculation

You may often see that the market is updated every day, and you are confused by the various terms used. In this case, even the best and most accurate stock comments can not be understood, which means that these information will have nothing to do with you. Therefore, as a novice, you must do as the Romans do to understand some basic stock market terms in order to have better communication in the stock market. The following is a comprehensive explanation of some basic terms.

Fundamentals:

Fundamentals include macroeconomic operation situation and basic information of listed companies. The macroeconomic operation situation reflects the overall operating performance of listed companies, and also determines the background for the further development of listed companies. Therefore, macroeconomic is closely related to listed companies and their corresponding stock prices. The basic contents of listed companies include financial situation, profitability, market share, operation and management system, talent composition and other aspects. Fundamentals are widely used in long-term investment. Fundamentals analysis can take the following steps: learn about the company, spend more time, and find out the operating conditions of the company. Here are some ways to get information: company website; The company's annual report provided by financial websites and stock brokers; News report -- development of technical innovation and other aspects; Development potential, intangible assets, physical assets and production capacity; Compared with competitors, the company's business strategy and market share; Book value of assets; Sales growth rate; Stock price trend chart of ROE observation; Expert analysis; Insider information (Pay special attention to this. Insider information is both true and false, so even if you get insider information, you should study it to avoid being trapped.)

Technical aspects:

The technical aspect refers to the technical indicators, trend patterns and K-line portfolio that reflect the medium changes. Technical analysis has three premises: market behavior contains all information; There is a certain trend or law of price change; History will repeat itself. Since we believe that market behavior includes all information, we can ignore such factors as macro and policy, and believe that price changes have laws and history will repeat, which makes it easier to judge future trends from historical transaction data. Of course, it also has the basic theoretical basis: Dow Jones theory; Fibonacci anti galloping phenomenon; Elliot wave.

To analyze from the technical aspect, the following contents are necessary:

1、 Finding trends - finding the overall trend is the fundamental basis for the stock market layout;

2、 Support and Resistance - Support and resistance levels are points on the chart that experience continuous upward or downward pressure. The two can be converted to each other. For example, once the support level is broken, it will turn into resistance.

3、 Lines and channels - trend lines are simple and practical tools for identifying the direction of market trends;

4、 Averages - One of the disadvantages of moving averages is that they lag behind the market, so they may not be used as a sign of trend change. Whether using the 5 and 20 day moving averages or the 40 and 200 day moving averages, the buying signal is usually on the shorter term averages

It is detected when crossing the long-term average upward. In contrast, a sell signal is prompted when the shorter term average crosses the longer period average downward.

Bull market: Bull market is also called bull market, which refers to a large market that is generally bullish and lasts for a long time.

Bear market: Bear market is also called short market, which refers to a general bearish market with a relatively long period of decline.

Cowhide market: refers to the small increase and decrease of the securities price on the trading day under review, with little change in the price. The market price seems to be nailed down, like the tenacity of cowhide.

Collective bidding: The so-called collective bidding is that when there is no transaction price on the day, the stock price is entered according to the closing price of the previous day and the prediction of the stock market on the day. During this period, all prices entered into the computer host are equal, and there is no need to follow the time

The principle of priority and price priority is to determine the stock price according to the principle of maximum trading volume. This price is called the price of collective bidding, and this process is called collective bidding.

Continuous bidding: the so-called continuous bidding refers to each purchase and sale order declared.

Zero share trading: stocks with less than one trading unit (1 lot=100 shares), such as 1 share and 10 shares, are called zero shares When selling stocks, they can be entrusted with fractional shares; However, when buying stocks, you cannot entrust with zero shares. The minimum unit is one hand, that is, 100 shares.

Dividend distribution: the closing price of the stock on the previous day minus the dividends paid by the listed company is called dividend distribution.

Including rights: all shares with rights but not distributed are called including rights.

Ex right: Ex right refers to the elimination behavior formed by the fact that the actual value (net asset per share) of the enterprise represented by each share of stock has decreased due to the increase of the company's capital stock. This part of the factors should be removed from the stock market price after the fact occurs.

Right filling: refers to the situation that the stock price rises after the ex right and the price difference before and after the ex right is completely compensated.

Affinity: Affinity refers to a period of time after ex right and ex dividend, if most people are not optimistic about the stock and the trading market price is lower than the ex right (ex dividend) benchmark price, that is, the stock price is lower than before ex right and ex dividend.

XR: XR is written on the front of the securities name, indicating that the shares have been ex dividend, and will no longer enjoy the right to dividends after purchasing such shares. When the word XR appears in front of the stock name, it indicates that the day is the ex dividend day of the stock.

Ex dividend: Ex dividend: The actual value (net asset per share) of the enterprise represented by each share of stock has decreased due to dividend distribution by the shareholders of the company. After this fact, it is necessary to remove these factors from the stock market price.

DR: The securities code is marked with DR, which means ex right and ex dividend. Buying such stocks will no longer enjoy the right to share dividends.

XD: XD is marked on the front of the securities code, indicating ex dividend of the stock. After purchasing such stocks, they will no longer have the right to pay dividends.

Allotment: Allotment is the act of listed companies to further issue new shares and raise funds to the original shareholders according to the needs of the company's development and in accordance with relevant regulations and procedures.

Dividend distribution: Dividend distribution is the return on investment of listed companies to shareholders; Allotment is a behavior that listed companies issue new shares to original shareholders to further raise funds according to the needs of the company's development and relevant regulations and procedures.

Bonus shares: Bonus shares are used by listed companies to retain the profits of this year in the company and issue shares as dividends, so as to convert the profits into capital stock.

Converting into capital stock: Converting into capital stock means that the company converts capital reserve into capital stock. Converting into capital stock does not change shareholders' rights and interests, but increases the scale of capital stock, so the objective result is similar to that of bonus shares.