ASX Equities Analysis
There are (roughly) 1700 individual stocks listed on the Australian Stock Exchange; that's a huge selection universe for potential investors.
The companies listed range from first-tier money centre banks and international resource majors, through to highly speculative, thinly traded resource exploration stocks.
Our StockMentat workbench enables subscribers to assess each stock on its merits, comparing core fundamental and technical parameters with our internal benchmarks.
Stocks are then compared against their industry-level peers (by 'peer' we mean stocks in the same market capitalisation range as the stock in question), and then against those stock in the industry group that rate best on our metrics.
The over-riding aim is to take a Syncretic approach to investment analysis; analysis is not solely about "fundamentals", nor is it solely about "technicals". It is a blend of both, with an understanding of sentiment analysis, risk management and portfolio construction, thrown in for good measure.
We also pay attention to a broader economic outlook for key variables (among these, interest rates, currency movements, consumption spending, fixed capital investment, and export demand). This helps inform us about potential threats to industry groups (and individual stocks) based on their exposure to these 'key senstivities'. (So a stock may be undervalued on the face of the fundamentals, and oversold on the technicals, but still be avoided due to impending economic circumtances to which it is vulnerable).
We are also on the lookout for subtle signs that are given to us by movements in 'market internals' - Market Breadth (e.g., advance-decline ratios), volume breadth and so on. Our daily Index Breadth analysis covers every major ASX Index (from the 20-leaders through to the All Ordinaries) plus all the GICS Sector Indices, plus our own Industry-level indices.