Unlocking the Potential of HGSI with EdgeRater
Table of Contents:
- Introduction
- Warehouse Report Template
- Generate Indexes from Warehouse Template
- US Market Summary Template
- ERG Grouping Analysis
- EPS Grouping Analysis
- Group Rank Grouping Analysis
- Ad Letter Rank Grouping Analysis
- HTS Boxes Grouping Analysis
- Demand Supply Grouping Analysis
- Market Summary Analysis
- Conclusion
Introduction
In this article, we will discuss the various templates available in Edge Writer for HZSI users. These templates allow You to analyze and generate reports Based on data from the HG SI database. We will cover the Warehouse Report Template, Generate Indexes from Warehouse Template, and US Market Summary Template. Additionally, we will explore different grouping analyses, such as ERG, EPS, Group Rank, Ad Letter Rank, HTS Boxes, and Demand Supply. This article aims to provide an in-depth understanding of how these templates can be utilized and the insights they can offer. So let's dive in!
Warehouse Report Template
The Warehouse Report Template is a useful tool that allows you to analyze the data stored in the HG SI database. By running this template, you can generate a report that provides valuable insights into the performance and ranking of various stocks. The template calculates the percent change for each stock based on the start and end dates you specify. It then groups the stocks based on their ERG (Earnings, Relative Strength, Group) ranking, EPS (Earnings Per Share) ranking, Group Rank, Ad Letter Rank, HTS Boxes, and Demand Supply. The report includes color-coded charts and tables that make it easy to identify the best-performing stocks within each grouping.
Generate Indexes from Warehouse Template
The Generate Indexes from Warehouse Template is another powerful tool in Edge Writer. By running this template, you can generate indexes for the warehouse data, including industry group indexes, sector indexes, major industry group indexes, and SiC code group indexes. These indexes provide a comprehensive overview of the market and can be used to analyze trends and identify potential investment opportunities. The template also allows you to save the indexes as separate symbol lists, making it easy to track the performance of specific groups of stocks.
US Market Summary Template
The US Market Summary Template provides an easy way to assess the overall state of the US market. By running this template, you can generate a color-coded summary of various market indexes, including the S&P 500, Dow Jones Industrial Average, Nasdaq Composite, and Russell 2000. The template uses Bollinger Bands and percent B to determine the market's health and trend. The color-coded charts and tables allow you to quickly identify whether the market is in a bullish, bearish, or uncertain state.
ERG Grouping Analysis
The ERG (Earnings, Relative Strength, Group) Grouping Analysis is a powerful tool for evaluating stocks based on their ERG ranking. The template groups stocks into various ERG buckets, such as 0-10, 11-20, and 291-300, based on their ERG scores. It then calculates the average percent change for each bucket, allowing you to identify which ERG buckets have performed the best over a specific period. This analysis helps you determine the relationship between a stock's ERG ranking and its performance.
EPS Grouping Analysis
The EPS (Earnings Per Share) Grouping Analysis allows you to evaluate stocks based on their EPS ranking. The template groups stocks into different EPS buckets, such as 0-10, 11-20, and 91-100, based on their EPS scores. It then calculates the average percent change for each bucket, enabling you to identify the performance of stocks in different EPS ranges. This analysis helps you understand how a stock's EPS ranking can impact its performance.
Group Rank Grouping Analysis
The Group Rank Grouping Analysis categorizes stocks based on their Group Rank. The template divides stocks into various groups, such as A, B, C, D, and E, based on their Group Rank. It then calculates the average percent change for each group, allowing you to assess the performance of stocks in different Group Rank categories. This analysis offers insights into how a stock's Group Rank can affect its performance.
Ad Letter Rank Grouping Analysis
The Ad Letter Rank Grouping Analysis evaluates stocks based on their Ad Letter Rank. The template groups stocks into different categories, such as A, B, C, D, and E, based on their Ad Letter Rank. It then calculates the average percent change for each category, providing insights into the performance of stocks with different Ad Letter Ranks. This analysis helps you understand the relationship between a stock's Ad Letter Rank and its performance.
HTS Boxes Grouping Analysis
The HTS Boxes Grouping Analysis categorizes stocks based on their HTS Boxes. The template divides stocks into different boxes, ranging from 0 to 9, based on their HTS Box values. It then calculates the average percent change for each box, allowing you to assess the performance of stocks in different HTS Boxes. This analysis helps you identify trends and Patterns among stocks with different HTS Box values.
Demand Supply Grouping Analysis
The Demand Supply Grouping Analysis analyzes stocks based on their Demand Supply values. The template groups stocks into various buckets based on their Demand Supply values. It then calculates the average percent change for each bucket, providing insights into the performance of stocks with different Demand Supply characteristics. This analysis helps you understand the relationship between Demand Supply and stock performance.
Market Summary Analysis
The Market Summary Analysis provides a comprehensive view of the US market's state and performance. By running the US Market Summary Template, you can assess the color-coded summary of various market indexes, including the S&P 500, Dow Jones Industrial Average, Nasdaq Composite, and Russell 2000. The template utilizes Bollinger Bands and percent B to determine the market's health and trend. By analyzing the color-coding and trend indicators, you can identify the market's overall condition and make informed investment decisions.
Conclusion
In conclusion, Edge Writer offers a range of powerful templates that allow you to analyze and generate reports based on data from the HG SI database. The Warehouse Report Template, Generate Indexes from Warehouse Template, and US Market Summary Template provide valuable insights into stock performance, ranking, and market conditions. Additionally, the various grouping analyses, such as ERG, EPS, Group Rank, Ad Letter Rank, HTS Boxes, and Demand Supply, help you evaluate stocks based on specific criteria. By leveraging the tools and analyses provided by Edge Writer, you can make more informed investment decisions and stay ahead in the market.
FAQ
Q: Can I customize the grouping criteria in the templates?
A: Yes, you can customize the grouping criteria in the templates to suit your specific needs. You can adjust the ranges and categories used to divide the stocks and analyze their performance.
Q: Can I save the generated reports and indexes for future reference?
A: Yes, the reports and indexes generated by the templates can be saved as separate files. This allows you to compare performance over different time periods and track the progress of specific stocks or groups.
Q: How frequently should I run these templates to get accurate and up-to-date results?
A: The frequency of running the templates depends on your trading strategy and preferred level of analysis. It is recommended to run the templates regularly to ensure you have the most recent data and market insights.
Q: Can I use the templates for markets other than the US market?
A: While the templates discussed in this article are specifically designed for the US market, the concepts and methodologies can be applied to other markets as well. However, you may need to adjust certain parameters and data sources accordingly.
Q: Are there any limitations or potential drawbacks to using these templates?
A: While the templates offer valuable insights into stock performance, it is important to note that they are based on historical data and past performance. The templates should be used as a tool to inform your investment decisions, but it is crucial to conduct further analysis and consider other factors before making any trading moves.