Introduction to Market Data
Basic Indicators
1. Market Cap
Total market cap represents the total market value of all common shares of a listed company, reflecting investors' assessment of the company's value and their expectations for its future profitability. The size of the market cap also indicates the company's position and influence in the capital market. Generally, companies with larger market caps often have greater influence and can have a more significant impact on market fluctuations and trends.
Formula: Total Number of Shares Outstanding x Stock Price
2. Float Cap
Float cap refers to the market value of a listed company's shares that are available for trading on a stock exchange. Unlike total market cap, which includes all issued shares, float cap includes only those shares available for public trading, meaning the circulating market cap is usually less than or equal to the total market cap.
Formula: Number of Circulating Shares x Stock Price
3. Total Shares Outstanding
Total shares outstanding refer to the total number of common shares issued by a listed company.
4. Stock Float
Stock float represents the portion of the total shares issued by a listed company that can be traded on a stock exchange. These shares have been issued and are held by shareholders; they have not been repurchased, locked, or restricted by the company. The quantity of shares floating indicates the total number of shares available for trading in the market, and it represents the actual number of shares that investors can buy and sell.
5. Turnover Ratio
Turnover ratio measures the frequency of stock turnover in the market over a certain period, serving as an indicator of stock liquidity.
Formula: (Trading Volume / Shares Float) × 100%
6. Amplitude
Amplitude refers to the difference between the highest and lowest prices of a stock on a given day compared to the previous closing price, expressed as a percentage or specific price range. It reflects the level of activity in a stock: a smaller amplitude indicates lower activity, while a higher amplitude suggests higher activity.
Formula: [(High Price of the Day - Low Price of the Day) / Previous Closing Price] × 100%
7. Bid/Ask Ratio
Bid/Ask ratio is an indicator that measures the relative strength of buying and selling orders over a certain period. The order ratio ranges from -100% to +100%, where +100% indicates that all orders are buying orders, -100% indicates that all orders are selling orders, and 0 indicates an equal number of buy (bid) and sell (ask) orders.
Formula: (Buy Orders - Sell Orders) / (Buy Orders + Sell Orders) x 100%
Note: The number of orders is calculated based on the user's market data permissions. If there are no market data permissions, the Bid/Ask Ratio will be null.
8. Volume Ratio
Volume ratio is defined as the ratio of the average trading volume per minute after the market opens to the average trading volume per minute over the past five trading days. It measures the relative strength of current trading volume against the average, offering insights into market sentiment and stock liquidity.
Formula: (Current Total Trading Volume / Current Cumulative Market Open Minutes) / Average Trading Volume per Minute over the Past 5 Trading Days
9. Average Price
Average price usually refers to the average trading price of a stock within a trading day, reflecting the overall price level of the stock over a certain period of time.
Formula: Total Trading Volume/ Total Trading Volume
10. 52-week High
52-week high is the highest price a stock has reached over the past 52 weeks (approximately one year). It serves as a measure of the stock's long-term price performance and helps investors understand its price history.
11. 52-week Low
52-week low refers to the lowest price reached by a stock in the past 52 weeks (approximately one year). It serves as a measure of the stock's long-term price performance and helps investors understand its price history.
Financial Indicators
1. EPS (TTM)
EPS (TTM), or Earnings Per Share for the Trailing 12 Months, represents a company's earnings per common share over the past 12 months. The acronym TTM refers to the sum of earnings over the preceding 12-month period.
Formula: Net Profit for the Last 12 Months / Latest Total Shares Outstanding
Note: In the Hong Kong and A-share markets, net profit is calculated based on the profit attributable to the owners of the parent company.
2. P/E (TTM)
P/E (TTM), or the trailing price-to-earnings ratio, is calculated using a company's net profit over the last 4 quarters. This ratio reflects the company's profitability over the past 12 months, providing more real-time and accurate insights compared to static P/E. Due to seasonal fluctuations in EPS, the trailing P/E ratio also varies. However, these fluctuations tend to be relatively stable and can more accurately reflect the true performance of the company.
Formula: P/E (TTM) = Current Share Price / EPS (TTM)
3. EPS (Dynamic)
EPS (Dynamic) is calculated based on forecasted or estimated future financial data. This method projects annual earnings by annualizing the net profit from the most recent financial report.
Formula: Dynamic Earnings Per Share (EPS) = Net Profit as of the Latest Financial Report / Number of Months Covered by the Current Financial Report * 12 / Latest Total Shares Outstanding
Example: If Company A's cumulative net profit by the third quarter is 10 million yuan, and the latest total number of shares outstanding is 20 million shares, then the Dynamic EPS = (10,000,000 / 9 * 12 / 20,000,000) = 0.667 yuan. This calculates the dynamic EPS based on the estimated annual net profit from the latest financial report's cumulative net profit.
Note: In the Hong Kong and A-share markets, net profit is calculated based on the profit attributable to the owners of the parent company.
4. P/E (Dynamic)
P/E (Dynamic) is calculated using forecasted or estimated future financial data, reflecting the company's growth potential by considering its future earnings capabilities.
Formula: Current Share Price / EPS (Dynamic)
5. EPS (Static)
EPS (Static) is calculated using the net profit from the most recent full fiscal year.
Formula: Net Profit from the Most Recent Annual Report / Latest Total Shares Outstanding
Note: In the Hong Kong and A-share markets, the net profit is calculated based on the profit attributable to the owners of the parent company.
6. P/E (Static)
P/E (Static) is a relatively static indicator as it is based on a company's actual earnings from the previous year. It helps investors understand the company's profitability over the past year and the market's recognition of its earnings capability.
Formula: Current Share Price / EPS (Static)
7. BPS
BPS, or book value per share, represents the value of each share of a company's stock, reflecting the book value of assets allocated to one share of the listed company.
Formula: Common Shareholders' Equity as of the Latest Financial Report / Latest Total Shares Outstanding
Note: For the A-share market, adjustments are made to the latest financial report data to account for subsequent dividends or share issuances, ensuring greater accuracy.
8. P/B
P/B compares a stock's price per share to its book value per share (where book value is the value of all assets minus liabilities owned by a company), serving as a tool for investors to assess whether a stock is worth investing in.
Formula: Current Share Price / Book Value Per Share
9. Dividend (TTM)
Dividend (TTM) refers to the dividends per share distributed by a company over the past 12 months (i.e., the latest four financial quarters). It serves as a key indicator for investors to evaluate a company's ability to provide returns to shareholders, reflecting the company's dividend distribution over the past year.
Formula: Total Dividends Distributed by the Company over the Last 12 Months / Latest Total Shares Outstanding
10. Div Yield (TTM)
Div Yield(TTM) represents the ratio of dividends per share distributed by a company over the past 12 months (i.e., the latest four financial quarters) to the current share price.
Formula: Dividend (TTM) / Current Share Price × 100％