Alibaba’s fiscal 2023 fourth quarter financial report preview：Steady growth performance outlook

如果您想完善系统投资计划（SIP）以更好地利用市场波动，则应考虑共同基金提供的可变转移计划（VTP）工具。此功能使您可以在市场和估值下降时进行更多投资，而无需按照SIP路线进行等额分期付款，这使您可以从平均卢比成本中受益。 在此工具下，您需要选择一个定期从源基金转移到目标基金的金额。每次转移的金额都根据定义的计算进行调整，该计算考虑了已经进行的投资的价值。当投资价值下降时，转移的金额将会更高，因为现在可以购买更多的单位，从而导致单位平均成本的降低。共同基金指定了计算依据，该计算基于此确定每个批次的投资水平。 让我们通过一个例子来理解这一点。假设投资者选择的VTP金额为₹5,000。also，共同基金还定义了一种模型，用于将每个分期付款金额确定为目标值减去投资的当前价值，其中目标值是已经进行的分期付款数量（包括当前分期付款）乘以VTP金额，以及当前值是指在分期付款之日累计的单位数乘以目标方案的资产净值（NAV）。如果当前分期付款是第四期付款，则目标值为4×5000或₹20,000。如果转移计划在转移当日的资产净值是₹14，可归属于投资者信用的单位数为1,000，则投资的当前价值为1000×14或₹14,000。当前分期付款的VTP中的转帐金额为20,000-14,000或₹6,000。如果投资的当前价值大于目标价值（在这种情况下为20,000卢比），则将转移签署该计划时所选的VTP金额（在这种情况下为5,000卢比）。 要注册VTP，投资者必须选择源计划和目标计划，VTP的基本金额，转移的频率以及VTP有效的期限。 VTP通常不受适用于目标计划和源计划的最低投资额和提取额的限制。but，一个显着的缺点是，从源方案中提取资金时要承受出口负荷和税收。如果源方案中可用的余额不足以进行所需的转帐，则VTP将自动取消。共同基金指定了由于VTP停止前没有可用资金而导致连续执行转移失败的次数。投资者可以通过适当通知共同基金来选择停止VTP。

在最后一次交易中，Cardinal Health，Inc.（NYSE：CAH）的股价达到53.70美元，其距20天简单移动平均线的距离为-2.26％，距50天简单移动平均线的距离为3.21％，同时它还有一个距离比200天简单移动平均线高出12.46％。 过去5年中，CAH的增长率为6.10％，And over the next five years，关注该公司的分析师预计其增长率为3.22％。The average true range (ATR) is a volatility measure introduced by Welles Wilder in his book "New Concepts in Technical Trading Systems"。The true range metric is the greatest of the following：Current high minus current low，That is, the absolute value of the current high minus the previous closing price，The absolute value of the current low minus the previous closing price。The average true range is the moving average of the true range，Usually 14 days。 working capital： 该股票的市值为$ 16.00B，有297.94M流通在外，其中流通量为29203万股。analysts think，The stock is active，因为其转换后的交易量达到了2,872,450股，而平均交易量为263万股。Average Daily Trading Volume (ADTV) demonstrates trading activity relative to a security’s liquidity。When average trading volume tends to increase，Indicates increased liquidity。 but，When Ave Volume is lower，Because people don't want to buy it，Security will tend to be cheaper。therefore，it may affect the value of security。 CAH的相对数量是1.10。Relative volume is an important indicator to watch closely，But like most indicators，It works best with other indicators and on different time frames。The higher the relative trading volume，The more liquid your stock is，This will tighten spreads and allow you to trade with greater size without a lot of slippage。 Important technical indicator analysis reports and volatility measures： Beta is a measure of the volatility, or systematic risk, of a security or portfolio compared to the market as a whole。 Beta is used in the Capital Asset Pricing Model (CAPM)，This model calculates an asset's predictable returns based on beta and predictable market returns。 Beta is also called Beta coefficient。 A beta of 1 means the security’s price changes with the market。 A beta of less than 1 means that the security is theoretically less volatile than the market。 A beta greater than 1 means that the security's price is theoretically more volatile than the market。After recent inspection，该股票的beta值为1.35。对CAH在投资者口中产生救助的收益分散度（波动性）的统计度量，它具有1.82％的周波动率，而当月预订为1.69％。No matter which metric you use，A solid understanding of both the concept of volatility and how it is measured is critical to successful investing.。Stocks that maintain relatively stable prices have lower volatility。When investing in unstable security，The risk of success is as much risk as the risk of failure。 投资者出于各种原因和目的使用波动率值来衡量基本价格变化和CAH价格的变化率。 ART is a specific type of indicator，It effectively weighs stock volatility in financial markets。 Cardinal Health，Inc.的平均真实范围（ATR）为1.02。In assessing the prospects for The Equalizer，Other technical indicators should also be considered。 CAH过去十二个月的价格与销售比率为0.11，最近一个季度的市帐率是17.66，而最近一个季度的每股现金价格是13.20。公司过去十二个月的自由现金流价格为20.28。最近一个季度的速动比率为0.50。分析师对该股的平均建议为3.10。This number is based on a scale of 1 to 5，1 indicates a strong buy recommendation，And 5 means strong sale。 您应该拥有较高的内部人所有权吗？ 许多有价值的投资者都在寻找具有较高内部所有权比例的股票，This theory holds that，When management is a shareholder，they will act in their own interests，and create long-term shareholder value。This aligns shareholders' interests with management，thereby benefiting everyone。Theoretically，this sounds good，But high insider ownership can actually lead to the opposite result，This is an irresponsible management team，Because they can keep working in almost any situation。 内部人士所持Cardinal Health，Inc.的股份仍为0.30％，机构所有者所持股份为93.10％。 What does the Relative Strength Index (RSI) stand for? Maybe，It is one of the most important indicators，Because it is used for technical analysis of stocks in the currency market。allegedly，The Relative Strength Index (RSI) describes the latest and past performance of the stock market based on the ending price volume of the current trading period.。 RSI is characterized as a momentum oscillator，Used to evaluate the speed and scale of directional price movements。This momentum reflects both the rate at which stock market prices are rising，It also reflects the downward trend in its price.。Using RSI，You can calculate momentum as the percentage of rising closings to decreasing closings。but，If a stock rapidly experiences an optimistic change，Then its RSI may be higher than the stock。therefore，This could lead to negative changes in the market。 The RSI index is an indicator heavily used by traders on the 14-day time period，Its evaluation range is from 0 to 100，High and low volume are marked at 70 and 30 respectively。Traders use shorter and longer time frames for shorter and longer purposes。It also further adds high and low ranges from 80 to 20 and from 90 to 10。This trend occurs less often。 but，It represents the strong momentum of the market。at the same time，埃森哲公司14天的RSI收于47.14。all in all，Stock market trends are slowly but surely shifting。 at the same time，CAH在服务业的保护下进行交易，该股股价上涨至其52周高点的-5.59％，超出其52周低点的30.88％。therefore，Both price and 52-week high indicators will give you a clear picture，To evaluate the price direction。

在周一的当前时段中，可口可乐公司（纽约证券交易所：KO）在近期交易中收于51.85美元的价格水平，其距20天简单移动平均线的距离为-3.27％，距50天简单移动平均线的距离为-4.07％，而它与200天简单移动平均线之间的距离为2.47％。 KO过去5年的增长率为-3.90％，而在接下来的5年中，追踪该公司的分析师预计其增长率为4.68％。The average true range (ATR) is a volatility measure introduced by Welles Wilder in his book "New Concepts in Technical Trading Systems"。The true range metric is the greatest of the following：Current high minus current low，That is, the absolute value of the current high minus the previous closing price，The absolute value of the current low minus the previous closing price。The average true range is the moving average of the true range，Usually 14 days。 working capital： 该股票的市值为$ 224.04B，流通量为4.29B股，其中流通量为4.25B股。分析师认为这只股票很活跃，因为它转换了交易量，达到3,356,905股，而平均交易量为1,106万股。Average Daily Trading Volume (ADTV) demonstrates trading activity relative to a security’s liquidity。When average trading volume tends to increase，Indicates increased liquidity。 but，When Ave Volume is lower，Because people don't want to buy it，Security will tend to be cheaper。therefore，it may affect the value of security。 KO的相对体积是0.57。Relative volume is an important indicator to watch closely，But like most indicators，It works best with other indicators and on different time frames。The higher the relative trading volume，The more liquid your stock is，这将拉近点差并允许您以更大的规模进行交易，而不会出现大量的滑点。 Important technical indicator analysis reports and volatility measures： Beta is a measure of the volatility, or systematic risk, of a security or portfolio compared to the market as a whole。 Beta is used in the Capital Asset Pricing Model (CAPM)，This model calculates an asset's predictable returns based on beta and predictable market returns。 Beta is also called Beta coefficient。 A beta of 1 means the security’s price changes with the market。 A beta of less than 1 means that the security is theoretically less volatile than the market。 A beta greater than 1 means that the security's price is theoretically more volatile than the market。After recent inspection，该股票的beta值为0.43。 KO生产收益率在投资者口中的收益分散度（波动率）的统计度量，其周波动率为1.43％，当月预定为1.24％。No matter which metric you use，A solid understanding of both the concept of volatility and how it is measured is critical to successful investing.。Stocks that maintain relatively stable prices have lower volatility。When investing in unstable security，The risk of success is as much risk as the risk of failure。 投资者出于各种原因和目的使用波动率值来衡量基本价格变化和KO价格的变化率。 ART is a specific type of indicator，It effectively weighs stock volatility in financial markets。 at present，可口可乐公司的平均真实范围（ATR）为0.75。In assessing the prospects for The Equalizer，Other technical indicators should also be considered。 KO过去十二个月的价格与销售比率为6.35，最近一个季度的市帐率是11.95，而最近一个季度的每股现金价格为17.25。公司过去十二个月的自由现金流价格为73.72。最近一个季度的速动比率为0.80。分析师对该股的平均建议为2.30。This number is based on a scale of 1 to 5，1 indicates a strong buy recommendation，And 5 means strong sale。 您应该拥有较高的内部人所有权吗？ 许多有价值的投资者都在寻找具有较高内部所有权比例的股票，This theory holds that，When management is a shareholder，they will act in their own interests，and create long-term shareholder value。This aligns shareholders' interests with management，thereby benefiting everyone。Theoretically，this sounds good，But high insider ownership can actually lead to the opposite result，This is an irresponsible management team，Because they can keep working in almost any situation。 recently，可口可乐公司内部人士所持股份仍为0.75％，而机构所有者所持股份为69.50％。 What does the Relative Strength Index (RSI) stand for? Maybe，It is one of the most important indicators，Because it is used for technical analysis of stocks in the currency market。allegedly，相对强度指数（RSI）基于当前交易期的最终价格量来描述股票市场的最新和过去表现。 RSI is characterized as a momentum oscillator，Used to evaluate the speed and scale of directional price movements。This momentum reflects both the rate at which stock market prices are rising，It also reflects the downward trend in its price.。Using RSI，You can calculate momentum as the percentage of rising closings to decreasing closings。but，If a stock rapidly experiences an optimistic change，Then its RSI may be higher than the stock。therefore，This could lead to negative changes in the market。 The RSI index is an indicator heavily used by traders on the 14-day time period，Its evaluation range is from 0 to 100，High and low volume are marked at 70 and 30 respectively。Traders use shorter and longer time frames for shorter and longer purposes。It also further adds high and low ranges from 80 to 20 and from 90 to 10。This trend occurs less often。 but，It represents the strong momentum of the market。at the same time，埃森哲公司14天的相对强弱指数现在定为35.53。all in all，Stock market trends are slowly but surely shifting。 at the same time，KO在消费品板块的保护下交易，该股股价比其52周高点高-7.28％，比其52周低点高16.73％。therefore，Both price and 52-week high indicators will give you a clear picture，To evaluate the price direction。