Witches:
@meshpips Help with the volume adjusted price For FBNH and UBA AND ETI

Thanks in Advance.

I will do as you have requested sir.

Agbalowomeri:


Lol the monkey hunter became hunted

That young man is good and nice at what he is doing.

The only problem we all have, is the present regime.

veecovee:


That young man is good and nice at what he is doing.

The only problem we all have, is the present regime.

Hypocrisy kee you there
Na joke all of us dey joke

I am happy to share this link with all members of NSEMPA.
Audio and PDF.
It addresses the challenges being faced by the working class.
THE STANGEST SECRET IN THE WORLD.




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https://www.theladders.com/career-advice/the-top-10-reasons-why-too-many-people-retire-poor

ENJOY THIS PIECE AND GINGER YOUR WEEKEND.
THANKS.

meshpips:


When I buy BELOW the volume adjusted price, I am 99.99% GUARANTEED of making profit.

VWAP is a very important metric used by professional traders. My volume adjusted price is very similar to VWAP.

It shows me, per time, the FAIR price (TRUE price) of ANY market instrument.

The volume adjusted price is PRISTINE pure, having distilled between the quantity of buyers and sellers. It now uses the EXCESS buy or sell quantity to compute the TRUE price point on the price chart.

There exist three variables :
(A) Price
(B) Time
and
(C) Volume

Technical analysts have done exceeding great work on the change in PRICE with respect to TIME

Not so much has been done on the change in PRICE with respect to VOLUME

John 3:8 King James Version (KJV)
8 The wind bloweth where it listeth, and thou hearest the sound thereof, but canst not tell whence it cometh, and whither it goeth

You don't see the wind but you see its effects.

In the same way as there is a relationship between VOLUME and the SPREAD (range, high - low) of a candle or bar.

From what you are saying about VWAP of a stock, GTB has a VWAP of N33. 29 analyzing from 2nd January 2019 till 31st July 2019.

For the those who don't know what he has been saying since.:

Using daily OHLC prices, daily volume, then followed by cumulative Average price volume, then divided by cumulative volumes.

For January 2nd 2019

Average Price = (Open High+Low+Close) /4

Then Average Price *Volume for Jan 2 2019

Repeat this daily till 31st July 2019.

Then sum up all Average Price Volume(APV) from 2nd Jan 2019 till 31st July 2019.

Having obtained this cumulative APV, then you divide it by the cumulative volume (numbers of traded shares) from 2nd Jan 2019 till 31st July 2019.

The final answer is your VWAP reading.

If this wasn't the calculation you used, what then did you use(you don't need to disclose to me o). Kindly check your calculations again.

Mcy56:
Oga military please don't mind them, they're just joking with you.
E be like say na those wey no get bear bear woundjurement dey find another means to woundjure by force.

Oga Military no fit do anything for now. Him never get time nurse injury wey bears inflict on him, na Agba and Co him go look their way?

Agbalowomeri:


Hypocrisy kee you there
Na joke all of us dey joke

Hypocrisy mixed with weed and American Honey.

Na you dey waste data on that "Pastor".

RabbiDoracle:


We will see where the market direction goes.

From what I am seeing, there is going to be a recovery in September 2019 onwards.

So of all months it's SEPTEMBER when more stock position will be LIQUIDATED by parents to pay school fees you foresee RECOVERY

RabbiDoracle:


From what you are saying about VWAP of a stock, GTB has a VWAP of N33. 29 analyzing from 2nd January 2019 till 31st July 2019.

For the those who don't know what he has been saying since.:

Using daily OHLC prices, daily volume, then followed by cumulative Average price volume, then divided by cumulative volumes.

For January 2nd 2019

Average Price = (Open High+Low+Close) /4

Then Average Price *Volume for Jan 2 2019

Repeat this daily till 31st July 2019.

Then sum up all Average Price Volume(APV) from 2nd Jan 2019 till 31st July 2019.

Having obtained this cumulative APV, then you divide it by the cumulative volume (numbers of traded shares) from 2nd Jan 2019 till 31st July 2019.

The final answer is your VWAP reading.

If this wasn't the calculation you used, what then did you use(you don't need to disclose to me o). Kindly check your calculations again.

To get a proper overview you need to go to the "mountain top". Increase your lookback period. My analysis spans about 9 - 10 years of data set.

PETERiCHY:

He that is down needs no fear

Get some Jegede into your portfolio.

meshpips:
Hello everyone,

please where can I get an excel (CSV) file containing Open, High, Low, Close and Volume information for NSE stocks.

I need weekly time period data from start of year 2019 till date.

Or anyone that has it can kindly upload it here so that I can use in doing the calculations I promised.

Thanks.

What did you intend to do with this data if it was supplied to you?

Start of 2019 till date.

meshpips:


To get a proper overview you need to go to the "mountain top". Increase your lookback period. My analysis spans about 9 - 10 years of data set.

Why did you use 9 to 10 years period instead of 10 to 14 years period or even 1 to 5 years period?

You are hereby saying that investor who wanted to buy shares in 2018 should not have bought because the VWAP then was not 19?

meshpips:


To get a proper overview you need to go to the "mountain top". Increase your lookback period. My analysis spans about 9 - 10 years of data set.

I want to buy Berkshire Hathaway Class A stock, please which year will I look back to if I'm to purchase the stock?

So if price doesnt fall to VWAP considering the very long time frame, you(presuming you are a fund manager) will advise your clients not to buy

In summary, VWAP doesn't make sense.

You can't be using an arbitrary 'look back' time frame. Time will pass, people will make money and you will still be waiting for lookback.

If price decline coincides with your 19 target, it doesn't mean that your model is correct. Because you used a time frame which you can't explain why you are using such. I used for 2019 and I am getting N33.29. So one who used from the date GTB was registered as a bank will have a different data.

So arbitrary timeframe doesn't make sense because we are all not arriving at the same VWAP.

In addition, what was your VWAP for just 2018 alone knowing that foreign investors/institutional investors bought GTB that year which made us see the price at 55+

I don't own a single unit of GTB, so don't think I'm here to defend a stock that I own. I don't fall in love with stocks that I buy. Once fundamentals are not OK, mo ti gbe jaaaa!

Witches:
@meshpips Help with the volume adjusted price For FBNH and UBA AND ETI

Thanks in Advance.

What time frame are you looking at?

He can start from 1990 (29 years time frame) because FBN was around then.

Peter is here with his September school fees bears again. All these past months' bear bear never do you?

Pls how I calculate the 1000unit bought at Ecobank in 2009 till present date. What am I suppose to get from. The broker want to pay me off with 32k.

heavenisreal18:
Pls how I calculate the 1000unit bought at Ecobank in 2009 till present date. What am I suppose to get from. The broker want to pay me off with 32k.

Why are you interested in someone else money. Collect the money you are offered and go and work for your own money. That's the only way you can make it. Besides, the amount you are looking at is not substantial.

[quote author=smasher1 post=81346200]

Why are you interested in someone else money. Collect the money you are offered and go and work for your own money. That's the only way you can make it. Besides, the amount you are looking at is not substantial.[/quote

This sound so rude of you, I wasn't trained to lean on people, moreover I didn't even go after the shares they came looking for us as a result of their license been seized and they wanted to start opeating back. The bible said children will have inheritance of their father. I am not a lazy person and fraudster like you. My late dad was zealous about all his investment when he was life, of what use is the the education he gave me if I can't really fight for him. Pls learn to keep quiet ]

heavenisreal18:
This sound so rude of you, I wasn't trained to lean on people.....

Lol. You needed people's assitance to sort important issue out, no need to flare up unnecessarily. Maybe its only me, I didnt read any negativity to his comment. guess he just wanted you to collect whatever you're offered and move on. It's your money however and you're entitled to it.

Okay, to your Ecobank question, I think the 32k they offered you for 1000units is okay.
My reason is based on this: Ecobank Nig was bought over by Ecobank International, there was market crash, there was share reconstruction, and the conversion reduced....if I was right o.
What they offered you is fair enough. Collect it and get done with that.
If you however needed more clarification, tell the broker to give you the breakdown. Shikena!

RabbiDoracle:
In summary, VWAP doesn't make sense.

You can't be using an arbitrary 'look back' time frame. Time will pass, people will make money and you will still be waiting for lookback.

If price decline coincides with your 19 target, it doesn't mean that your model is correct. Because you used a time frame which you can't explain why you are using such. I used for 2019 and I am getting N33.29. So one who used from the date GTB was registered as a bank will have a different data.

So arbitrary timeframe doesn't make sense because we are all not arriving at the same VWAP.

Oracle you get time fa. He doesn't know that there are professors of statistics on this forum.

[quote author=Mcy56 post=81347803]
Lol. You needed people's assitance to sort important issue out, no need to flair up unnecessarily. Maybe its only me, I didnt read any negativity to his comment. guess he just wanted you to collect whatever you're offered and move on. It's your money however and you're entitled to it.





I'm not flaring up, when does seeking understanding become a bad idea I think this kind of forum is to help each other. For the fact that I don't really have the idea of stocks doesn't make me useless in other investment. We learn everyday. Thanks

RabbiDoracle:
In summary, VWAP doesn't make sense.

You can't be using an arbitrary 'look back' time frame. Time will pass, people will make money and you will still be waiting for lookback.

If price decline coincides with your 19 target, it doesn't mean that your model is correct. Because you used a time frame which you can't explain why you are using such. I used for 2019 and I am getting N33.29. So one who used from the date GTB was registered as a bank will have a different data.

So arbitrary timeframe doesn't make sense because we are all not arriving at the same VWAP.

My brother, arrogance will get you nowhere.
first let me inform you that your funny little shortcut calculation you used cannot get you effective result. using OHLC/4 is very very incorrect. I won't bother taking you through the details because you are not humble enough yet to learn.

Next case in point, price below VWAP is what? BEARISH! Insofar as you keep seeing bearish closes on the chosen time frame, the VWAP value will keep decreasing as compared to the previous. This would keep happening until after price has deviated MAXIMALLY from the VWAP. Three standard deviations away from the VWAP is usually 99% of the normal distribution. Only after this pre-condition has been fulfilled before you can begin to expect a reversion to the mean.

Answer this simple question sir:
Has ordinary price deviated maximally from the (VWAP) measure of central tendency before you want to expect a mean reversion?

I'm sure by now you see that reading about formula in books and actually having a RELATIONSHIP with the subject matter are two different things?

With a single breath I have refuted your many posts of baseless argument with me.

Next person please! And kindly ensure that your knowledge of maths is not sickly before you attempt to take on me.

Funny guys on this thread wallahi.

Agbalowomeri:


Oracle you get time fa. He doesn't know that there are professors of statistics on this forum.

Your "prof" of statistics wey nor understand the dynamics of a simple mean reversion model.

I await your own trade recommendation on gtbank sir and please be ready to put up a good defence of whatever price level you're gonna mention.

Let me give you a tip : mention the same level as I did. That's how to be smart. If not, them fit fall your hand o!

Witches:
@meshpips Help with the volume adjusted price For FBNH and UBA AND ETI

Thanks in Advance.

I checked your profile, quite interesting find.

Here are my thoughts about the stocks you requested.

1. FBNH: yet to touch support at 3.35

I don't think we can see anything interesting on it until after it has touched or breached that level.

2. UBA : demand channel is in place on this pair but I won't feel comfortable taking any buy side trade until after it has touched 3.14 or slightly lower. It is important to state here that the quarterly swing high at 10.56 which was breached to the upside suggests a bullish impulsive move. The current sell can terminate at the uptrend line but preferably the support at 3.14

3. ETI: There is almost no sight of volume activity going on for this stock on the yearly chart BUT a look at the quarterly chart reveals that price is almost at the lower extreme of the supply channel. This might make some buyers begin to get interested.

The charts are posted below.
Kindly note that I didn't have to stress myself carrying out volume computations for any of the 3 stocks because their Price - Time analysis haven't revealed anything interesting.

I had sent you a direct message but don't bother replying. I wanted to send you one stock that has done amazingly beautiful things and closed bullish for the past two months with very excellent volume done. A stock that has breached its ten year volume high but your profile shows that you are the detective hired to come confirm that I am a scam. So I won't bribe you with that gift so that you can do your job with a clear conscience.

Cheers!

meshpips:


My brother, arrogance will get you nowhere.
first let me inform you that your funny little shortcut calculation you used cannot get you effective result. using OHLC/4 is very very incorrect. I won't bother taking you through the details because you are not humble enough yet to learn.

Next case in point, price below VWAP is what? BEARISH! Insofar as you keep seeing bearish closes on the chosen time frame, the VWAP value will keep decreasing as compared to the previous. This would keep happening until after price has deviated MAXIMALLY from the VWAP. Three standard deviations away from the VWAP is usually 99% of the normal distribution. Only after this pre-condition has been fulfilled before you can begin to expect a reversion to the mean.

Answer this simple question sir:
Has ordinary price deviated maximally from the (VWAP) measure of central tendency before you want to expect a mean reversion?

I'm sure by now you see that reading about formula in books and actually having a RELATIONSHIP with the subject matter are two different things?

With a single breath I have refuted your many posts of baseless argument with me.

Next person please! And kindly ensure that your knowledge of maths is not sickly before you attempt to take on me.

Funny guys on this thread wallahi.

I now understand why they said you are just a theorist without portfolio.

So long as your theory will make you money in future and our own tested knowledge is still making us money, why you dey wahala yourself?

D

heavenisreal18:
Pls how I calculate the 1000unit bought at Ecobank in 2009 till present date. What am I suppose to get from. The broker want to pay me off with 32k.

Let them show you how they arrived at the figure 32k.

How much is the total money you are expecting from your late dad's shares?

How much are you expecting from his outstanding dividends?

smasher1:


Why are you interested in someone else money. Collect the money you are offered and go and work for your own money. That's the only way you can make it. Besides, the amount you are looking at is not substantial.

Point of correction his late dad's money is not someone else's money.

heavenisreal18:




Pls help me to study this too, can we talk better on mail if you don't mind

I can see that the stock broker was involved in some fraudulent acts in the past and was asked to make restitution to the clients by the regulatory body

emmanuelewumi:


Point of correction his late dad's money is not someone else's money.

Okay

heavenisreal18:




Pls help me to study this too, can we talk better on mail if you don't mind

Also found out that the broker sold your late dad's FBN shares, GTB shares and others valued at about 172k, but he has not paid the proceeds from the sale to your late dad.

Please do not be in a hurry to sign any document, from the Stockbroker