Pan-Asia Index Rebalances/ Events/ Delta One, Periscope Analytics

Brian Freitas

Pan-Asia Index Rebalances/ Events/ Delta One

Periscope Analytics

Periscope Analytics focuses on event-driven trades across Asia Pacific and provides comprehensive, timely and systematic coverage of index changes to major Asia Pacific indices in a structured manner.

The analysis includes forecasted inclusions and exclusions to all major Asian indices that have significant amount of tracking assets, including estimates of passive buy/sell flow on the stocks. The service also provides commentary and impact of market consultations, ground rule changes, and other events (IPOs, spin-offs, M&A) that could lead to index changes and passive flow.

Periscope Analytics works with multi-strategy hedge funds, proprietary trading firms, stat arb trading groups and long-only investors that invest and trade in the Asia Pacific region with the data being used to trade index rebalances, avoid pre-positioning and passive flow, and to time entry into and exit from stocks.

Event-Driven Trades Across Asia Pacific

Index Rebalance

<ul>
<li>No constituent changes for the <a href="https://www.smartkarma.com/entities/vaneck-vectors-junior-gold-miners-etf" target="_blank" data-smartkarma-citation="entities:32845:1" rel="noopener">VanEck Vectors Junior Gold Miners ETF (GDXJ US)</a> in December. But there are a lot of float and capping changes.</li>
<li>Estimated one-way turnover is 2.6% resulting in a round-trip trade of US$269m. There are 8 stocks with over 1x ADV to trade from passive trackers.</li>
<li>Stocks with the largest flows are <a href="https://www.smartkarma.com/entities/evolution-mining-ltd" target="_blank" data-smartkarma-citation="entities:18363:1" rel="noopener">Evolution Mining</a>, <a href="https://www.smartkarma.com/entities/pan-american-silver-corp-ce7d7ca6-59e0-44f1-958f-e5b679750b06" target="_blank" data-smartkarma-citation="entities:25937:1" rel="noopener">Pan American Silver</a>, <a href="https://www.smartkarma.com/entities/westgold-resources-ltd" target="_blank" data-smartkarma-citation="entities:24269:1" rel="noopener">Westgold Resources</a>, <a href="https://www.smartkarma.com/entities/b2gold-corp-fee72de9-9219-4f08-9e4a-eff9db71e070" target="_blank" data-smartkarma-citation="entities:33420:1" rel="noopener">B2Gold</a>, <a href="https://www.smartkarma.com/entities/alamos-gold-inc-75888dd6-1d65-427e-950c-393b5d90ab2e" target="_blank" data-smartkarma-citation="entities:38624:1" rel="noopener">Alamos Gold</a>, <a href="https://www.smartkarma.com/entities/harmony-gold-mining-co-ltd-d293fe94-bbca-4158-9fbf-32bc457dfbcd" target="_blank" data-smartkarma-citation="entities:28569:1" rel="noopener">Harmony Gold Mining</a>, <a href="https://www.smartkarma.com/entities/eldorado-gold-corp-e1b47e21-d9a5-4258-bd94-49cbea7538ec" target="_blank" data-smartkarma-citation="entities:38673:1" rel="noopener">Eldorado Gold</a>, <a href="https://www.smartkarma.com/entities/k92-mining-inc" target="_blank" data-smartkarma-citation="entities:43238:1" rel="noopener">K92 Mining</a>, <a href="https://www.smartkarma.com/entities/iamgold-corp-5935fec7-fa4d-4edb-bfdb-971f391ebb16" target="_blank" data-smartkarma-citation="entities:38714:1" rel="noopener">IAMGOLD</a>, <a href="https://www.smartkarma.com/entities/endeavour-silver-corp" target="_blank" data-smartkarma-citation="entities:38789:1" rel="noopener">Endeavour Silver</a> and <a href="https://www.smartkarma.com/entities/emerald-resources-nl" target="_blank" data-smartkarma-citation="entities:17495:1" rel="noopener">Emerald Resources</a>.</li>
</ul>


No constituent changes for the VanEck Vectors Junior Gold Miners ETF (GDXJ US) in December. But there are a lot of float and capping changes.
Estimated one-way turnover is 2.6% resulting in a round-trip trade of US$269m. There are 8 stocks with over 1x ADV to trade from passive trackers.
Stocks with the largest flows are Evolution Mining, Pan American Silver, Westgold Resources, B2Gold, Alamos Gold, Harmony Gold Mining, Eldorado Gold, K92 Mining, IAMGOLD, Endeavour Silver and Emerald Resources.


MV Global Junior Gold Miners Index Rebalance: Big Flow in Some Stocks

Market & Forensics Analyst, Beat the Street

Nimish Maheshwari

Market & Forensics Analyst

Beat the Street

Beat The Street was founded by Nimish Maheshwari and Sudarshan Bhandari, both of whom are Chartered Accountants by Profession, known for their expert analysis in the fields of Business, Sectoral analysis, and Corporate governance.

With a strong social media presence of 45,000+ Subscribers across various platforms, they are considered trusted voices in the industry. Their insights and analysis have been featured in some of India’s most prominent publications, including the Economic Times, Dalal Street Investment Journal, The Morning Context, and The Ken.

Their analysis on Bankrupt & Insolvent companies has been instrumental in saving investors from significant losses. They have a keen eye for identifying red flags and has identified exclusive redflags earlier in Vedanta, Nykaa, Dhani Services, Adani and many more.

Read Business Not Stock Prices

Thematic (Sector/Industry)

<ul>
<li>Indian Whiskey Maker Allied Blenders &amp; Distillers Sets Terms for $180 Million IPO</li>
<li>Indian State-Owned Banks Sell Bonds as Foreign Demand Surges Ahead of Index Inclusion</li>
<li>K92 Mining Expands Loan and Offtake Agreement with Trafigura to Advance Kainantu Operations</li>
</ul>


Indian Whiskey Maker Allied Blenders &amp; Distillers Sets Terms for $180 Million IPO
Indian State-Owned Banks Sell Bonds as Foreign Demand Surges Ahead of Index Inclusion
K92 Mining Expands Loan and Offtake Agreement with Trafigura to Advance Kainantu Operations


#21Business Buzz: ABD $180 Mn IPO, State Owned Banks Sell Bonds, K29 Secures $120 Mn Loan

Canada

K92 Mining Inc. is a mineral exploration and development company. The Company owns and operates a gold mine and specializes in the mining and processing of gold ore.

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K92 Mining (KNT CN)

MV Global Junior Gold Miners Index Rebalance: Big Flow in Some Stocks

No constituent changes but float and capping changes result in an estimated one-way turnover of 2.6% and in a round-trip trade of US$269m. There...

Brian Freitas

#21Business Buzz: ABD $180 Mn IPO, State Owned Banks Sell Bonds, K29 Secures $120 Mn Loan

Indian companies in various sectors are taking advantage of favorable market conditions to raise funds and expand their operations through IPOs,...

Nimish Maheshwari

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

MV Global Junior Gold Miners Index Rebalance: Big Flow in Some Stocks

No constituent changes but float and capping changes result in an estimated one-way turnover of 2.6% and in a round-trip trade of US$269m. There...

Brian Freitas

#21Business Buzz: ABD $180 Mn IPO, State Owned Banks Sell Bonds, K29 Secures $120 Mn Loan

​Indian companies in various sectors are taking advantage of favorable market conditions to raise funds and expand their operations through IPOs,...

Nimish Maheshwari

Indian companies in various sectors are taking advantage of favorable market conditions to raise funds and expand their operations through IPOs,...