The thread is seriously missing the contributions of @Mcy, her comments is flavouring
Few weeks ago I boarded eternal at 1.81, on fiday I sold it at 3.28, it's now 4.81.

emmanuelewumi:



United Capital

FSDH Securities

Investment One financial services

thanks....i pick United capital and morgan....

emmanuelewumi:



That means they have improved niyen, used to have an account with them which I later transferred to FSDH Securities

Yes they have. Started with them few months back.

Hello house, good afternoon.

Does Gtbank have an online SHAREHOLDERS E-MANDATE ACTIVATION FORM portal, just as Access Bank United securities have?

Thanks

emmanuelewumi:



That means they have improved niyen, used to have an account with them which I later transferred to FSDH Securities

Yes they have. Started with them few months back.

A big thank you to everyone.

Zenith vs GTB ?

The two stocks are highly correlated meaning that if you have both in ur portfolio then u are not diversifying - they are affected by happenings similarly.

From d excel sheet bellow if u buy in January and sell in December each year, ur returns will be like so. GTB has done much better in terms of returns over d periods in consideration. Also, buy and hold is less profitable.

Notes:
1. Historical data was scrapped off investing(dot)com with a python script.
2. The correlation coefficient was calculated with Pearson method (statisticians in d house )
3. I didnt consider dividends sha.
4. Finally, thank God for python language

kaynett:
Hello house, good afternoon.

Does Gtbank have an online SHAREHOLDERS E-MANDATE ACTIVATION FORM portal, just as Access Bank United securities have?

Thanks

Yes. Datamax regsitrar has but you pay to use it

ahiboilandgas:
pls mr Emma what the best stock brokering firm that I can trade with online , everthing is online,customer care top-notch and I can trade from any location in the world .....thanks am moving into Nse gradually..

my boss from TBs page,.... welcome to NSE... Morgan Capital has doing well in those aspect you mention

Is it possible that certain or all banks move in the same way and not just these two?

ositadima1:
Zenith vs GTB ?

The two stocks are highly correlated meaning that if you have both in ur portfolio then u are not diversifying - they are affected by happenings similarly.

From d excel sheet bellow if u buy in January and sell in December each year, ur returns will be like so. GTB has done much better in terms of returns over d periods in consideration.

Notes:
1. Historical data was scrapped off investing(dot)com with a python script.
2. The correlation coefficient was calculated with Pearson method (statisticians in d house )
3. I didnt consider dividends sha.
4. Finally, thank God for python language

Mfunkynation:

my boss from TBs page,.... welcome to NSE... Morgan Capital has doing well in those aspect you mention

thank make i join una ...

Heishere:


Yes. Datamax regsitrar has but you pay to use it

Okay, thanks.

I was meaning to ask if Gtbank have a portal where one can just fill and submit the e-dividend mandate form online, rather than going to the bank.

ojesymsym:
Is it possible that certain or all banks move in the same way and not just these two?

I will test all the fugaz tomorrow.

ositadima1:
Zenith vs GTB ?

The two stocks are highly correlated meaning that if you have both in ur portfolio then u are not diversifying - they are affected by happenings similarly.

From d excel sheet bellow if u buy in January and sell in December each year, ur returns will be like so. GTB has done much better in terms of returns over d periods in consideration. Also, buy and hold is less profitable.

Notes:
1. Historical data was scrapped off investing(dot)com with a python script.
2. The correlation coefficient was calculated with Pearson method (statisticians in d house )
3. I didnt consider dividends sha.
4. Finally, thank God for python language

All banks stocks are corelated on NSE. Nothing new there. You can add the NSE banks index to your graph and it will look same way. There is usually just a short lag between the top ones and the rest.

Only notable exception was Sterling Bank from about mid 2018 to 2019.

ahiboilandgas:
thanks....i pick United capital and morgan....

Your picks are fine. You will enjoy Morgan.

ositadima1:
Zenith vs GTB ?

The two stocks are highly correlated meaning that if you have both in ur portfolio then u are not diversifying - they are affected by happenings similarly.

From d excel sheet bellow if u buy in January and sell in December each year, ur returns will be like so. GTB has done much better in terms of returns over d periods in consideration. Also, buy and hold is less profitable.

Notes:
1. Historical data was scrapped off investing(dot)com with a python script.
2. The correlation coefficient was calculated with Pearson method (statisticians in d house )
3. I didnt consider dividends sha.
4. Finally, thank God for python language

Good job, well done.
I think BBM did something similar for us some years ago.
Will like to see more of this.
You can also do one for oil price and NSEASI.

PeoplesArmy:


All banks stocks are corelated on NSE. Nothing new there. You can add the NSE banks index to your graph and it will look same way. There is usually just a short lag between the top ones and the rest.

Only notable exception was Sterling Bank from about mid 2018 to 2019.

Lets look at a few correlations between FUGAZ. Note that correlation is pairwise therefor u can imply d pairs i didnt match.

Correlations (Over d 8 years period)
a) fbnh vs uba ==> 0.367 ==> weak
b) zenith vs access ==> 0.77 ==> strong(??)
c) gtb vs fbnh ==> 0.07 ==> no correlation
d) gtb vs uba ==> 0.88 ==> strong
e) zenith vs gtb ==> 0.87 ==> strong

Note: positive correlation is very high d closer u get to 1 and lower as u get near 0

Returns
If u bought in January 2012 and sold ur stock yesterday 13-10-2020 this would be ur returns. Note that dividends was not considered as I dont have d complete data.

uba ==> 134%
fbnh ==> -3.8%
access ==> -21.8
Zenith ==> 67%
GTB ==> 112%

And, then some graphs for visuals...

Dantata Success Promoters in Court for Taking N2bn from 7,250 Investors
https://businesspost.ng/economy/dantata-success-promoters-in-court-for-taking-n2bn-from-7250-investors/

Group Raises Alarm of Looming Gas Explosion in Lagos [PHOTOS]
https://businesspost.ng/general/group-raises-alarm-of-looming-gas-explosion-in-lagos-photos/

Fitch Reaffirms Highest Rating on Stanbic IBTC
https://businesspost.ng/banking/fitch-reaffirms-highest-rating-on-stanbic-ibtc/

More Trouble for Nigeria as OPEC Cuts Oil Demand for 2021
https://businesspost.ng/economy/more-trouble-for-nigeria-as-opec-cuts-oil-demand-for-2021/

Security Will Get Lion Share in 2021 Budget in Lagos—Obasa
https://businesspost.ng/economy/security-will-get-lion-share-in-2021-budget-in-lagos-obasa/

Applause as Ecobank Rewards Xpress Point Agents
https://businesspost.ng/banking/applause-as-ecobank-rewards-xpress-point-agents/

Oil Will Remain Multi-Trillion-Dollar Market for Decades—Onyema
https://businesspost.ng/economy/oil-will-remain-multi-trillion-dollar-market-for-decades-onyema/

New Investments Will Give Africa Lead in Agri Development
https://businesspost.ng/economy/new-investments-will-give-africa-lead-in-agri-development/

Heishere:


Yes. Datamax regsitrar has but you pay to use it

Oh really?
Is it as effective as the others though

That's the question

ahiboilandgas:
thanks....i pick United capital and morgan....

United capital research team is very good and you will find their research helpful. I have a trading account with them also, although I trade mainly with FBNQuest securities. You are welcome here.

I intend getting shares with gtb but I don’t know how to get a stock broker. Can anyone put me through

Stock with new 52 week lows
Etranzact #1.91k
Stock with new 52 week highs
Eterna #4.81k

donlexph8:
I intend getting shares with gtb but I don’t know how to get a stock broker. Can anyone put me through

use this NSE link to pick a Broker

http://www.nse.com.ng/dealing-members/find-a-dealing-member/dealing-member-directory

ask further questions you may have on anyone u pick

ositadima1:



Lets look at a few correlations between FUGAZ. Note that correlation is pairwise therefor u can imply d pairs i didnt match.

Correlations (Over d 8 years period)
a) fbnh vs uba ==> 0.367 ==> weak
b) zenith vs access ==> 0.77 ==> strong(??)
c) gtb vs fbnh ==> 0.07 ==> no correlation
d) gtb vs uba ==> 0.88 ==> strong
e) zenith vs gtb ==> 0.87 ==> strong

Note: positive correlation is very high d closer u get to 1 and lower as u get near 0

Returns
If u bought in January 2012 and sold ur stock yesterday 13-10-2020 this would be ur returns. Note that dividends was not considered as I dont have d complete data.

uba ==> 134%
fbnh ==> -3.8%
access ==> -21.8
Zenith ==> 67%
GTB ==> 112%

And, then some graphs for visuals...

You can try the "multiple correlation coefficient"

donlexph8:
I intend getting shares with gtb but I don’t know how to get a stock broker. Can anyone put me through

Save your money for now. You are late to the market

DexterousOne:


Oh really?
Is it as effective as the others though

That's the question

I'm yet to assess its effectiveness though

Heishere:


Yes. Datamax regsitrar has but you pay to use it

They'd still tell you they don't have your signature specimen.

Heishere:


Save your money for now. You are late to the market

however, let him get his account opened, funded and ready.

CBN Sells 91-day, 182-Day Treasury Bills at 1%, 364-Day at 2%
https://businesspost.ng/economy/cbn-sells-91-day-182-day-treasury-bills-at-1-364-day-at-2/

NSE Index Closes Flat After Prices of 17 Stocks Remain Unchanged
https://businesspost.ng/economy/nse-index-closes-flat-after-prices-of-17-stocks-remain-unchanged/

Unlisted Securities Market Closes in Stalemate Wednesday
https://businesspost.ng/economy/unlisted-securities-market-closes-in-stalemate-wednesday/

Brent Hits $43 as Saudi, Russia Assure Supply Cut Adherence
https://businesspost.ng/economy/brent-hits-43-as-saudi-russia-assure-supply-cut-adherence/

Drop in FX Supply Weakens Naira to N462/$1 at Black Market
https://businesspost.ng/economy/drop-in-fx-supply-weakens-naira-to-n462-1-at-black-market/

Redstarex dividend has landed. A nice way to start the day.

ositadima1:



Lets look at a few correlations between FUGAZ. Note that correlation is pairwise therefor u can imply d pairs i didnt match.

Correlations (Over d 8 years period)
a) fbnh vs uba ==> 0.367 ==> weak
b) zenith vs access ==> 0.77 ==> strong(??)
c) gtb vs fbnh ==> 0.07 ==> no correlation
d) gtb vs uba ==> 0.88 ==> strong
e) zenith vs gtb ==> 0.87 ==> strong

Note: positive correlation is very high d closer u get to 1 and lower as u get near 0

Returns
If u bought in January 2012 and sold ur stock yesterday 13-10-2020 this would be ur returns. Note that dividends was not considered as I dont have d complete data.

uba ==> 134%
fbnh ==> -3.8%
access ==> -21.8
Zenith ==> 67%
GTB ==> 112%

And, then some graphs for visuals...

What is the return for someone that bought Nigerian Breweries & GUINESS in Jan 2012 and sold on 13th OCTOBER 2020. ?

ucvin:
I entered UBA today @ 6.50. Hope it's a right decision or should I have waited?

1. Like someone said, it depends on your motive for buying.

2. UBA at 6.50 is not bad around this time considering the price of FBNH and Access...... except there's general market downturn later, then the price is okay.
UBA is not even expected to trade below 7 if not for the activities of the heavy seller (or maybe the cross dealer before the rally.

Just be ready to average down in case it goes a bit lower.
** Note that this is just my opinion. DD applies.