Web : http://equitywatch.blufin.inEquityWatch is a stock heat map for Indian Markets BSE & NSE, representing the performance of the broad universe of Indian equities. Use screens, highlighters and compare companies to identify and track stocks that match your investment needs or simply follow the latest news on companies. If you are an equity investor, the BluFin EquityWatch is the cutting edge app for all of your stock market tracking needs.At BluFin, we represent the state of Indian equities in a transparent, simple and social way by applying our proprietary stock selection criteria to represent the Broad India Market through the BluFin Stock Mapper in a single screen view.The Broad India Market stocks are classified into 5 Capitalisation schemes, 3 investment styles and 18 Industries. The 5 capitalisation schemes are Mega Cap, Large Cap, Mid Cap, Small Cap and Micro Cap whereas the 3 investment styles are Value, Core and Growth. MethodologyWe strive to create an Investable universe of stocks by applying Market Cap and Liquidity filters and by eliminating stocks with negative book values. These rules are applies once in a year All the stocks whose Log of Market Cap is less than the Mean of Log-Market Cap are excluded. We also apply liquidity rules where the stocks have to achieve a minimum amount of trading volume in the last one year relative to their market cap values as on the date. Once the universe is selected, they are further classified into Market Cap and investment style segments by applying standard rules and methodology. Each stock’s, market cap segments and cut-off’s are arrived by applying statistical rules and the stocks investment style segments i.e. Value, Core and growth are arrived by using fundamental ratios like Price/ Book, Price/ Sales and Price/ Earnings. Based on our statistical rules the cut-off for Market Cap Segments is as follows:INR CroresMega Cap 1,38,400Large Cap Between 138,400 26,656Mid Cap Between 26,656 5,187Small Cap Between 5,187 1,021Micro Cap Between 1,021 118Based on our statistical rules the cut-offs for Value core & growth Segments for the 3 ratios are as follows:For Mega Cap, Large Cap and Mid Cap Stocks: P/B P/S P/EValue Less than 1.41 Less than 0.95 Less than 10.97Core Less than 5.28 Less than 3.28 Less than 31.23Growth Above 5.28 Above 3.28 Above 31.23For Small Cap and Micro Cap Stocks: P/B P/S P/EValue Less than 0.77 Less than 0.46 Less than 8.05Core Less than 2.86 Less than 1.73 Less than 33.40Growth Above 2.86 Above 1.73 Above 33.40For a stock to qualify in one of the above style segment ateast 2 ratios criteria must be met. The stocks are further classified by using the combination of Market Cap segments and Style segments. Each stock is also classified into 18 industries.FeaturesFilter & Sorting: The ï¬Âlter buttons on the top panel filter the stocks by logical groupings such as capitisation, industries and major indexes. The buttons are color coded according to the performance of the group. You can mouse over any button to get the trading volume of the group. The heat map can also be sorted by ticker symbol, price change, volume or market capitalization.Stock Details, Graphs & News: You can mouse over any ticker symbol on the heat map to get market metrics for the selected stock such as the day's open, high/low and trading volume. Clicking on stock brings up a panel with charts and stock-related headlines with links to the individual news items.Change/Volume Diagram: Upon selecting an individual stock group you will see a “bridge bar chart†of all stocks in the group with visual representation of price change and trading volume for easy evaluation the group’s overall performance.Data sourcesThe data for EquityWatch is sourced from the Exchanges, viz the BSE & the NSE, Accord Fintech Private Limited and Centre for Monitoring Indian Economy (CMIE).
VERSION HISTORY
- Version 9.1 posted on 2013-06-11
Several fixes and updates - Version 9.1 posted on 2013-06-11