₦airaland Forum

Let it not be like Mulan that I used my last GB to download and later turned out to be a huge disappointment.

obixcel:
Black Widow 2021
(480p-402mb)h t t p s : / / b a y f i l e s . c o m / N 2 Z 6 s 5 5 9 u 0
(720p-1.2gb)h t t p s : / / b a y f i l e s . c o m / 9 b H 6 t c 5 8 u b
(1080p-2.7gb)h t t p s : / / b a y f i l e s . c o m / p 9 m 0 u 4 5 4 u

Bear with me. I deliberately spaced the above links to avoid spam bot. Pls copy and rejoin them. Link does have expiry date, the faster d better.

Damn Nigger, Black Widow is out.

Learning coding is good but computer science will make u a better programmer. Check out OSSU, open source society university, a complete computer science curriculum for self study.

See here on github:

https://github . com/ossu/computer-science#prerequisites

The mean reversion strategy is still doing well, I haven't been able to make another as good as that one. Up 45% (probably more, given that I exited mansard earlier so avoiding some % reduction) since January. The latest stock is CHIPLS, was the worst performing stock from high last month closing at 0.6. Now at 0.71, with a decent 16% profit.

I also want to mention that slippage is also an issue, not been able to get these stocks at advised price.

My test 1 mil is now 1.48 mil, not bad.

dpacificheraclx:
Wow good work, can we be getting this on a weekly basis

Money flow can't be quantified, as such, my earlier work was plain wrong. You would need to know at what price each seller bought her stocks to actually come up with a measure of money flow. Not an easy task.

For example, a stock like zenith has several billion share but just a few thousand units can move its value (like d opposite of elections, a few members can decide the fate for billion of others).

Thus, even while a stock is dropping value it may be experiencing cash inflow. In other words, the exchange value of a stock can only be known to an individual after the sale of such stock.

Instead of computing money flow I would rather compute total exchanged cash over a Period(a month maybe) and use that to rank stocks by desirability. This shit is Crazy.

Full disclosure, I am yet to fully understand the usefulness of d computation above though, working on it

Bad idea

Loki makes sense die. After watching episode 4 I realized that I would easily fall in luv with a female version of myself living in an alternate time line, totally. It seems that like poles repel analogy doesn't apply to humans?

.

Lazyyouth4u:
You are not making sense. Where will the person now live? How will he pay for heat, light and water bill? Transport fare nko? I won’t argue with you jare.

People live in thier vehicles if u have one lol, if you are down on ur luck you can manage train stations, use public gym for baths. Life goes on, if you know your way, u can get free food, dumpster diving. Free clothes too, some religious organizations like caritas give very good clothes and shoes. Lol, d shit some people go through to live abroad eh

I saw this topic on front page: "Photos Of The 3-Bedroom Apartment Chioma Ajunwa Got From Lagos Government - Sports - Nairaland".

I wonder how much would such a flat be worth? Does it come with maintenance fees? I understand u pay and own it.




Asking for a friend.

emmanuelewumi:
You bought bond in the primary market at N100 with a coupon rate of 15%.

If interest rates go down to 10%, the price of your bond will appreciate to N150 in the secondary market. 15 divided by 150 will give 10%

If interest rate increases to 20%, your bond will depreciate to N75 in secondary market. 15 divided by 75 will give you 20%


The yield from your bond will tally with the prevailing interest rates.

Other factors like - Inflation and credit ratings, supply and demand, market sentiments, stocks.

ojesymsym:
This bond thing can get confusing sometimes, who can explain in simple layman's English how interest rates affect bonds. If possible use case study of 1 million and 2 different (high and low) interest rates to illustrate.
Thanks in advance.

Face value is the money amount the bond will be worth at maturity; it is also the reference amount the bond issuer uses when calculating interest payments. For example, say an investor purchases a bond at a premium $1,090 and another investor buys the same bond later when it is trading at a discount for $980. When the bond matures, both investors will receive the $1,000 face value of the bond.


The coupon rate is the rate of interest the bond issuer will pay on the face value of the bond, expressed as a percentage. For example, a 5% coupon rate means that bondholders will receive 5% x $1000 face value = $50 every year.


Coupon dates are the dates on which the bond issuer will make interest payments. Payments can be made in any interval, but the standard is semiannual payments.


The maturity date is the date on which the bond will mature and the bond issuer will pay the bondholder the face value of the bond.


The issue price is the price at which the bond issuer originally sells the bonds.

Hello guys, pls mention some good shows that premiered or returned to screen in d last 30 days. I have been very busy. Thanks.

Note that I know about lucifer and loci.

Sukuk

DrAwo:
I like the fact that you back up your arguments with data and practical examples...

Now let's assume you have the discipline to follow your strategy meticulously....

Have you factored in the cost of the time you'll be putting in to closely monitor your strategy and the opportunity cost of that time?

The person that does this buy and hold strategy will only need a fraction of the time you have put in and may have used that extra time for other profitable ventures....

The conclusion of the matter is that, there is more than one way to skin a cat. Different routes lead to the market. Whether you belong to team investing or team trading, stay true to what works for you...

Oga, I never berated buy&hold, it is very effective cos in the long run good coys go up. But, inbetween a lot goes on...

Regarding time spent on running strategy is almost insignificant. The strategy is semi-automatic. A computer code does the hard part. I only need to close/open position every monthending with my broker and feed the program with data(which is pretty quick on my mobile).

Let me show u what is alpha in practical terms.

Again, let's take zenith as case study.

1. I buy 1 share of zenith in 2012 for #12.47(on first of February 2012, dat is how far back my data goes)

2. The total dividend paid within the period to date is #18.17(please correct me if am wrong)

3. I have no ideas if Zenith had had splits from 2012 to date so I assume none.

4. As at friday Zenith closed at #23.7

5. Total gain is (23.7-12.47)+18.17 =29.4

6. I made 29.4/12.47= 2.35 my initial investment from buy&hold.

7. Ok, my mean reversion strategy tested on the same data input did more than 5 times initial investment.

8. You can argue that I may not get into the market at adviced prices by my strategy due to slippage so I knock off 1 times. So, I get 4 times my initial investment. Mind u that I was not even compounding my returns.

I am not bragging or something as I have nothing to gain from that, but my strategy holds alpha.

Is buy&hold a bad way to go? Definitely not, I also have funds that yield dividends. Just that where d money is made handsomely is in deploying trading strategies.

Now, I want to rest my case abeg, believe what ever u like.

emmanuelewumi:
Investment is as simple as ABC if you can control your emotions, have basic functional knowledge of mathematics and business.

Read " Ordinary people, extraordinary wealth" by Eric Delman.

School bus drivers, policemen, janitors, soldiers, civil servants, teachers, professors building multi million dollars portfolio by keeping it so simple

What most of these guys do is investing in indexes, it is practically buy & hold of selected stocks and dividends. Nothing fancy. Traders on the other hand are a different type of people. If u do indept research u will come to understand that to be a successful trader requires that u beat these indexes. A good trader is one that has alpha, returns more than d index.

emmanuelewumi:
Multiplication, addition, division, subtractions, percentage, ratio, simple interest, compound interest etc are learnt from primary 4 to JS 3

Ok, I suggest u hand over ur portfolio to ur 12 year old.

emmanuelewumi:
Na legendary fund manager Peter Lynch talk am, he said all the maths you need to succeed in the stockmarket you should have learnt it in the 9th grade or our own JS 3

Lol, and yet valuation is a topic taught at undergrad level in finance.

Most of these guys oversimplify what they really do so they can sell their books. Or maybe you are one of those guys that consider advanced education useless.

What is d point, we can all stop our education at js3, that's it!

Biafran4life:
Oga ositadima ,I like the level you are operatingn the stock market as an engineer.In my old forum I was made to know in stock market all one needs is basic maths.I hope that has not changed as I no Sabi complex maths oh.
Then I was equally made to know that Isaac Newton failed in stock business as he claimed he could not calculate the madness or behaviors of human beings

Oga, let me start with that I don't claim to be an expert in these matters. I feel that our small forum, NSEMPA, is lacking in a lot of ways. Cos, spending some time on reddit and other foreign forums opened my eyes to what it really takes to trade in ways similar to what professionals do.

Apart from a few individuals on this forum, most of the discussions held here are elementary or primitive, lol. I hope u look beyond this forum and see for ur self.

In my limited view, 98% are buy&hold who use fundamentals to select investments. The rest are just tagging along.

And yes, traders, that is people who depend on shorter time market inefficiencies need math beyond addition and subtraction. A good knowledge of introductory statistics and probability is very useful. Well, once again, if u do more of trading than buy & hold, I suggest u also check out other foreign forums.

Why are risk measures useful?

I think it is a useful metric to both buy and hold investors and shorter term traders. As a buy and hold investors it could be beneficial during the screening process. Highly volatile stocks are inherently more risky. Stocks that have their price bounce all over the place are less desirable. Astute investor use it all the time to adjust their exposure to downside risks by adjusting there cash in d market as a whole or in individual stocks.

For a traders (I am aspiring to be ), those guys that trade well formulated and tested strategies, risk measure are particularly useful. For example, sharpe ratio can tell you how effecient your returns are while taking volatility and risk free investments(Tbills, Omo, goverment bonds etc) into consideration. After all, there is no point trading if you can make better returns risk free.

It is good practice reviewing your past trades and generate performance metrics as well, you may think you are winning when in fact you are not, opportunity cost in mind. Also, testing trading ideas on past data is very important.

As someone who has some exposure to engineering practices, we do it all the time. We run simulations - civil engineers run simulations of structural members(Staapro, Tekla, Navis Works, etc.) before they go out and start construction. Electrical engineers run simulations of distribution networks (Etap, Skm eg) before implementation. Why some people think they can just deploy trading ideas without proper analysis beat me all d time.

uzoexcel:
Can you breakdown the meaning of the 4 aforementioned terms?

Here are some quotes from investopedia

Volatility:
Volatility is a statistical measure of the dispersion of returns for a given security or market index. In most cases, the higher the volatility, the riskier the security. Volatility is often measured as either the standard deviation or variance between returns from that same security or market index.

Value at Risk (VaR):
Value at risk (VaR) is a statistic that measures and quantifies the level of financial risk within a firm, portfolio or position over a specific time frame. This metric is most commonly used by investment and commercial banks to determine the extent and occurrence ratio of potential losses in their institutional portfolios.

Risk managers use VaR to measure and control the level of risk exposure. One can apply VaR calculations to specific positions or whole portfolios or to measure firm-wide risk exposure.

Sharpe Ratio:
The Sharpe ratio was developed by Nobel laureate William F. Sharpe and is used to help investors understand the return of an investment compared to its risk. The ratio is the average return earned in excess of the risk-free rate per unit of volatility or total risk. Volatility is a measure of the price fluctuations of an asset or portfolio.

Catfishing:
What are we pals for

Why did you switch your gender? I liked your intellect even when your moniker was male. Pls stop confusing us bachelors in d house . When I am in d flirting mood I want to be sure I am exchanging banters with a real female not some hairy dude.

Note that I dont have a problem with you flipping monikers like pancakes.

Topson88:
@Emmanuelewumi please what do you think about this investment strategy for a Nigerian in diaspora


I want to put some amount in S&P 500 and apple shares to allow for capital appreciation then about a month before zenith bank pays its final divided, i will sell off my apple and s&p 500 to buy zenith shares. After dividend payment, whenever price rises above entry price, i sell off and repatriate the money back into apple and sp500 and this cycle continues.
The aim is to benefit from capital appreciation, avoid devaluation and enjoy NSE dividend yield. What do you think may be the demerit of this investiment strategy. Thanks.

This a strategy and like any other strategy it should be thoroughly tested on past market data. So, you either pay someone to run the analysis or you do it your self.

If you choose to do it your self then I can give you some pointers.

1. First and foremost, get past data, in the form of opening and closing prices for both stocks.

2. Backtest ur strategy on the collected data. U can do simple backtest with excel, if you know how to write code, python or C are good choices.

Just saying, to avoid biased info. Plus, past patterns don't guaranty future patterns. Meaning that while you are at it you should device a solid risk management.

yMcy56:
UCAP:. This stock no wan gree.....
ACCESS dragging things with Zee........Access better understand say Oga na master.....

Which one is better?

Oh! Lest I forget, we also have a particular set of minority - the town criers e.g Mcy56





Note that e.g stands for "exempli gratia", just to make things clear .

There are 2 major people on this thread - "Buy and hold crew" and the "10 by 10 crew" .

Ok, there are minorities like the ones that don't have funds in the market and they only come here to cause ruckus.

To the "10 to 10 crew", alias traders of NSEMPA, be familiar with these terms for your own good:

Value at Risk (VaR)
Volatility
Sharpe ratio
Calmer ratio

What they have in common? Well, for a start, they are all risk measures.

This is me signing off, over to the mudslingers, make una carry go.

All this noisemakers, I hope your sharpe ratio is above 0.5

MemoriesAndMe:
Thanks for pointing this out. Im not a satellite professional and may lack the full knowledge of what differentiates one satellite from the other. I'd think much of the work is around getting the satellite from earth into space. I'd also think the satellites can be upgraded while in space to keep up with current technological trends, which should fall under maintenance.

I may be wrong, but I do not think new satellites need to be launched each time a technological breakthrough emerges - there has to be a way to upgrade existing satellites to keep up with the technological pace, especially knowing that many countries have only one satellite and make optimum use of it while some cant even afford to have one.

Pls read up on SpaceX and their satellite constellation. You need several satellites to establish communication. The technology is similar to the one used by GSM providers and as you know you need several masts to cover individual areas. Basically, what they did is to replace communications masts on the ground with satellites.

I am not an expert either

texazzpete:
Hope you folks are ready for the price tag Sha. Space X has already indicated dem no send regional price discounts.

$499 for the terminal and $99 per month. So over 200k naira for the hardware and nearly 50k naira monthly payment.

I think businesses, oil and gas rigs, remote installations etc will be the major customers at first.

I see good business for retailers; I think retailers will buy and distribute through some kind of wifi connectivity with a paywall.

Let's do some math:

1. SpaceX's satellite broadband service Starlink will begin delivering download speeds of about 300 Mbps meaning that 50 users will comfortably get about 6 Mbps which far better than our current service providers.

2. 50 people sharing 50k naira mean that the retailer can start charging as from 1k naira once she has 50 subscribers.

3. I may be wrong sha.