【TEJ Dictionary】Spread of Shareholdings under TDCC Custody
Learning Chip analysis from Rookie to Master
🔸Preface🔸
In the treacherous stock market, there is a folklore spreading: “Rookie cares price, Pro cares volume and the Master player cares chip’s distribution.” Have you ever heard that the rookie always complained about the stocks price declining after they bought them? Have you ever heard that some researcher always eloquently discuss stock trading or further more information but always loses on the stock market? At this time, you might be wondering, what kind of indicators should be used to select stocks, and what models and logic should be used to observe the stock market dynamics? Those stock market masters who have made great achievements care about the price, the volume, and the chip distributed. As long as you can know the movement of the chip early, you can further enter the market and earn the difference. “Spread of shareholdings table can let users know the distribution of large and small households, and judge whether there is a trend of overheating and overcooling by analyzing changes in large and small households.
✨Spread of Shareholdings under TDCC Custody application✨
The main force driving the rise and fall of the stock price comes from the choice of large investors to buy or sell. When the number of small householders rises and the proportion of large householders declines, it is called “confusion of chips.” The indicator determines whether the stock has been dumped by large householders.
(Generally, those who hold more than a thousand lots are considered to be large, and those who hold one to five lots are considered to be small.)
TDCC created the data by the users’ balance in the account of security under custody after the last trading day in a week. It can be utilized to observe the structure of share spread, the degree of equity concentration, and the movements of major shareholders of the company. Firstly, It can be used to observe the dynamic changes in the number of “individual stocks” holdings, among which, by observing the changes in shareholders holding “one to five lots” grades, to determine whether the stocks are overheated or not. On the other hand, it also can observe the change of weekly increase or decrease of shareholders holding above the “thousand lots” grades to grasp the operating trends of major shareholders and further search for the transaction time. Since large shareholders’ entry time and stock price changes will have a deferred time, during this period most of the small investors exit the market. For stocks, you can screen out appropriate stocks by observing good warning indicators, and then enter the market in advance.
TDCC created the data by the users’ balance in the account of security under custody after the last trading day in a week. For example, the data was released on Sept 3rd, 2021, and the data period was from Aug 27th to Sept 2nd
📍 TEJ Pro Sample
- Click the TEJ Pro Equity database and then choose Spread of shareholding under TDCC Custody
2. Enter UMC’s code 2303 through the drop-down menu above to quickly find the information of UMC
3. Click the calendar icon in the upper right corner to customize the data range
4. After the setting is completed, you can see the list of Spread of the shareholdings under TDCC Custody in the selected interval
🔸Conclusion🔸
The TEJ Pro database contains a complete collection of financial information, and through systematic sorting, it provides users with comprehensive data query services. Today, I had introduced you to the preliminary application methods of the Spread of Shareholdings under TDCC Custody, regarding Margin Trade, Securities Lending and other chip transaction methods that will be shared in the next story.
How to set up a weekly change early warning system for tracking thousands of large households through the Spread of Shareholdings under TDCC Custody, and to screen potential stocks, readers can pay more attention to our TEJ API financial information column, and there will be a complete instruction in the follow-up! Hope that every reader can have a deeper understanding through our articles. If you want to know more about the stock market information, our E-Journal also provides lots of high-quality articles to read. The links are below.
🔸Extended Reading🔸
【Quant(4)】Trading Strategy by Keeping an Eye on Big Players
🔸Related link🔸
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