Relax, The Stock Market Correction Is Your Friend

http://www.realclearmark..._your_friend_100427.html

He needs to stop drinking!

Centum started with over 1m shares traded hitting 9.52% and coop few shares but it hit 16.2

true madness may be witnessed tomorrow. the combination of ICC, JKIA and now Westgate may just be too much for the NSE to maintain current prices. expect some movement

http://www.ft.com/cms/s/...b7de.html#ixzz2feAv3zSi “Westgate is the heart of the middle class – it represents the whole new modern mall culture. Whether you are white, black or brown it was a place everyone would visit,” said Aly-Khan Satchu, an investment analyst based in Nairobi. “This is driving a stake into the economic heart of the new Nairobi – this is the heart of our lives that have been hit

Mourning

The shopping mall is the place where chief executives lunch with their families on weekends, where diplomats catch a movie, where Nairobi’s new middle class and expatriate lovers go for gourmet burgers. It is the best place to try to stamp out the hopes of an aspirational nation whose growth is propelled by consumption, and to strike at its business and political elite.

Sad eventuality in the country this weekend indeed. We as investors have every reason to be concerned about possible outcomes. Nonetheless, soon as the situation is contained we'll get over it as we've done before. If anything, the best consensus would be to hold the lines but err..free mkt economics will prevail ultimately. Let's see..

Quote:-

Risk vs. Reward

The essence of investing isn't about earnings, it's not about valuation... it's about risk. You are buying stocks to accept more risk than you would incur if you invested in bonds. You are accepting the risk of stocks versus the safety of treasuries. You take the risk by buying a security that doesn't guarantee a return.

Given that you have accepted the risk of stocks vs. bonds or stocks vs. treasuries, you expect something for that. That extra risk can result in extra return. That is the reward. The more you risk, as the theory goes, th e more possible return. Although an excessive amount of risk can have disastrous results.

Measuring Risk

One way to measure the intangible idea of risk is to look at beta. Beta is defined as a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. The basic idea is that a beta of 1.00 means you have the same risk as the rest of the market. A measure of 0.50 means you have 50% of the risk of the market, so less risk. 2.00 would indicate your security or portfolio carries more risk, a lot more risk.

Does this mean that a beta of 1.00 will move with the market in lock step? No. Does it mean that a stock with a beta of 0.80 will not move as much as the market? Not necessarily. Beta is a tool that looks at volatility in the past, but investors would be wise to take this measure at face value. After all, beta is based on what has happened not what is expected to happen.

End quote.

I wish to render my research services to any Kenyan brokerage firm for free; My work will be to analyze stocks and compile an advisory commentary. all I will need is stocks open,high,low and close.

Thanks @Jamani.

Trying to understand this by looking at banking counters but have got lost when i've checked the Oil Marketing Companies

Banking Counters

BBK; 0.44
CFC; 1.07
DTB; 0.29
Equity; 0.55
HFCK; 0.34
KCB; 0.98
NBK; 0.11
NIC; 0.65
Stanchart; 0.16
Coop; 0.27
I&M; 0.52

Oil Marketing Companies

Total Kenya; 0.09
Kenol Kobil; -0.09 (notice the negative )