A net outflow of funds refers to the outflow of funds from the market, resulting in a decrease in the total market capitalization in the market. The method of calculating the net outflow of funds usually involves the following 4 steps:
1.Determine the amount of money inflows and outflows:First of all, it is necessary to count the amount of funds entering and leaving the capital over a period of time. This can be obtained through the transaction data of the exchange (such as the transaction amount, the number of **sold, etc.).
2.Calculate net inflows and net outflows:The difference between inflow and outflow is taken as a net inflow or net outflow. If the inflow is greater than the outflow, the net inflow during that time period is positive; Conversely, the net outflow is positive. Similarly, when the outflow is greater than the inflow, the net outflow is also positive. Therefore, the net outflow of funds is equal to the negative net inflow.
3.Convert net outflows into changes in market capitalization:Since a net outflow of funds results in ***, the net outflow can be converted into a change in market capitalization. Assuming that the total share capital of a ** is 100 million shares and the current stock price is 10 yuan shares, then in the case of net outflow of funds, the total market value of the ** will drop to 900 million yuan (that is, 100 million shares of 10 yuan shares - 100 million shares of 10 yuan shares = 900 million yuan).
4.Similar calculations are made for other **:For all listed companies, the above steps can be performed separately for each company, and the net outflow of funds from the entire market can be summarized.
Through the above steps, we can derive an indicator of the net outflow of funds - the net outflow rate of funds.