Biggest Market Cap Stocks of Composite : View From 2020

IDX:COMPOSITE   IDX Composite Index
I try to predict Composite bottoming by looking at the 7 biggest market cap stocks.

In the chart, There are two categories of those 7 which are : Underperforming ( BBRI , BMRI , and ASII ) and Outperforming ( BBCA , TLKM , UNVR , and HMSP ).

Looking at the total Weight of Outperforming stocks (26.5%) and comparing to the Underperforming stocks (12.7%), we can say that the Outperforming stocks might have more influences on Composite that eventually fastening the Bottoming process.
Trade closed manually: Stock Names are not shown on the right-hand scale.

Will create a better version.


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