Daily BriefsQuantitative Analysis

Daily Brief Quantitative Analysis: Time to Buy HDFC Bank (HDFCB IN) and more

In today’s briefing:

  • Time to Buy HDFC Bank (HDFCB IN)
  • KRX Short Interest Weekly (Jan 10th): Skc, Samsung Electronics


Time to Buy HDFC Bank (HDFCB IN)

By Nico Rosti

  • HDFC Bank (HDFCB IN) has corrected > 13% from its recent peak in mid-December. Our quantitative models indicate a deeply oversold state.
  • The stock has been down for 2 weeks and has reached >75% probability of WEEKLY trend reversal, according to our models.
  • If you are already holding this stock, this could be a good opportunity to buy/accumulate, if you want to hold it long-term. A bounce should come pretty soon.

KRX Short Interest Weekly (Jan 10th): Skc, Samsung Electronics

By Ke Yan, CFA, FRM

  • We analyzed the changes in short interest of KRX stocks as of Jan 10th which has an aggregated short interest worth USD3.6bn.
  • We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases & decreases in short value, short as multiple of ADT.
  • We highlight short interest changes in Skc (011790 KS), Samsung Electronics (005930 KS) .

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