Instrument : &Materials_Stocks_US
The personal composite instrument &Materials_Stocks_US reflects the price dynamics of the portfolio composed of the stocks of 5 biggest companies, producing and processing primary raw materials (excluding oil and gas) in the US, which are traded on New York Stock Exchange (NYSE). The base part of this instrument includes the stocks of Alcoa Inc, Dupont (EI) Company, Dow Chemical Co, Goldcorp, Tronox CI A.
The portfolio is quoted in USD. The component asset percentages in the instrument content are set approximately equal to the live asset prices in USD on the instrument creation date.
The trading instrument &Materials_Stocks_US is used for the analysis and trading of the portfolio of the US mining industry stocks.
|&Materials_Stocks_US||№||Asset||Volume / 1 PCI||Percentage||Volume (USD) / 1 PCI||Unit of measurеment|
|Fixed spread, pip||1150||1150||1150|
|Floating Spread, pip||1150||1150||1150|
|Order distance, pip||-||-||-|
|Swap (long/short) in pips on Vol||-0.491 / -0.054||-0.491 / -0.054||-0.491 / -0.054|
|The value of 1 pip in USD for the Vol||0||0||0|
|Week day||Trading hours (CET)||Local trading hours|
|Monday||15:30 — 22:00||15:30 — 22:00|
|Tuesday||15:30 — 22:00||15:30 — 22:00|
|Wednesday||15:30 — 22:00||15:30 — 22:00|
|Thursday||15:30 — 22:00||15:30 — 22:00|
|Friday||15:30 — 22:00||15:30 — 22:00|
This personal trading instrument &Materials_Stocks_US can be used to trade and analyze the dynamics of the portfolio of stocks in the extractive industry (the largest US issuers, excluding energy resources), for a comparative analysis of this stock index with other stock indices. For example, by creating a percentage chart D1 of the S&P500 stock index, the high-tech index and our index of extractive industry &Materials_Stocks_US in NetTradeX trading terminal, we can see (in Figure 1) that over 2017 (till the end of January 2018) amid a constant increase in all indices, the stock index of the extractive sector rose sharply in the first month of the year, then, fell slightly till the middle of June, but by the beginning of the autumn, it exceeded all indices in growth. Then, by the beginning of December, our index fell sharply (only + 15% from the beginning of the year) similar to the price of early 2017, but, then, again almost overtook all indices in growth (+35) in two months. Thus, our index of the extractive sector was quite volatile.
This PCI will be comfortable to trade for those traders, who specialize in stock indices and the behavior of industrial indices.