Instrument : &Non-cyclical_Stocks
The personal composite instrument «&Non-cyclical_Stocks» reflects the price dynamics of the portfolio composed of stocks of the world’s 6 biggest companies which produce non-cyclical goods and services, i.e. the demand for these goods and services is stable independent of fluctuations in economy. The stocks comprising the portfolio are traded on NASDAQ and NYSE.
The base part of this instrument is composed of stocks of McDonalds Corporation, PepsiCo Inc, Altria Group, Philip Morris International Inc, Procter & Gamble Company, Coca-Cola Company. The portfolio is quoted in USD. The component asset percentages in the instrument content are set approximately equal on the basis of asset prices in USD on the instrument creation date.
The trading instrument &Non-cyclical_Stocks is used for the analysis and trade of the portfolio of non-cyclical stocks.
|&Non-cyclical_Stocks||№||Asset||Volume / 1 PCI||Percentage||Volume (USD) / 1 PCI||Unit of measurеment|
|Fixed spread, pip||701||701||701|
|Floating Spread, pip||701||701||701|
|Order distance, pip||-||-||-|
|Swap (long/short) in pips on Vol||-2.260 / -0.165||-2.260 / -0.165||-2.260 / -0.165|
|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|
Non-cyclical stocks are stocks of companies engaged in production of goods and services that have stable demand independent of global business cycles - for example production of food, tobacco.
This personal trading instrument &Non-cyclical_Stocks is used for the dynamics analysis and trade of the portfolio of non-cyclical stocks, as well as comparative analysis of this stock index with other stock market and sectoral indexes. For example, by building a W1 percentage chart in the NetTradeX terminal for &Materials_Stocks, &Energy_Stocks and &Non-cyclical_Stocks (Fig.1), it is evident that during a 10 month period (from February to November 2014) the dynamics of the non-cyclical industry index was more stable compared with the dynamics of the materials and energy industry indexes.
Traders specializing in broad stock market and industry indexes will be comfortable trading this instrument.