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Showing posts from March, 2008

Using Autocorrelation Characteristics To Pick Stocks

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Autocorrelation characteristics of Exxon Mobil [XOM] Autocorrelation characteristics of Petroleo Brasileiro [PBR.A] Autocorrelation characteristics of Statoil [STO] Autocorrelation characteristics of Google [GOOG] * click on images for full-size and details. It is a fact that a stock's past price affects its current price. i.e. A stock's price is correlated with itself for any given period of lag. A less technical explanation of this phenomenon would be that investors look to a stock's past price as a guide for future prices. The 'collective memory' of a stock's investors thus manifests itself as its autocorrelation characteristic. The degree of autocorrelation [AC], and the total effect over time varys greatly with each stock. In the context of ValuEngine's Valuation model, a high autocorrelation level indicates high persistence in over or undervaluation, and a long period to correct the mispricing. If we know the AC characteristics of a stock, it can be...

Balancing Your Yin & Yang With Chinese Medicine

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The big difference between Western medicine and Chinese medicine is that the former treats the symptoms, while the latter treats the causes. For example, a Western doctor will give pain killers, antihistamines and antibiotics for the relief of the symtoms of influenza. A Chinese doctor on the other hand, believes that the influenza was caused by a temporary break-down of your body's immune system caused by imbalance of your Yin [negative, cool, female etc] and Yang [positive, heat, male etc] properties. He will therefore brew you a herbal concoction to restore the balance of Yin and Yang in your body and allow its immune system to function normally again. Most of the Chinese herbs that give energy and power such as Ginseng and Cordyceps [caterpillar fungus***] restore deficiencies in Yang. But some people, may suffer from too much Yang, and this also leads to fatigue, headaches, being prone to influenza, sore throat, teary-eyes, tinnicus, sniffles, swelling of the lymph nodes etc....

Street Food in Yunnan, China

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Yunnan province, in the South-west of China, is close to Myanmar, Laos, Vietnam and has a small area in the North-West bordering Tibet. This mountainous region has a climate that is tropical and yet pleasantly cool the whole year round. Kunming, the capital is known as the City of Eternal Spring. The area is very rich in natural resources, and was one branch of the famed Silk Road. Yunnan's products include the best rare Chinese medicinal herbs, the famous Pu-erh tea, historically sent as tribute to the Emperor in Beijing, jade, silk, flowers, iron ore and gold. Foodwise, it is famous for its mushrooms and ham. Many species of strange-shaped mushrooms thrive in this wet, cool environment and some of them are known for their medicinal properties. The dry mountain air also makes Yunnan ham the best in China. And it is the province with the largest number of ethnic minorities (26). Otherwise known as Hill tribes. The presense of these tribes make this area an anthropologist's par...