Do “stock split” stocks have a win rate of over 70%!? The number of split stocks doubled from last year
According to the statistics of the Tokyo Stock Exchange (Tokyo Stock Exchange), there were 87 listed companies that decided to split stocks from January to July this year, almost doubling from 46 companies in the same period last year.
The background includes the fact that the Tokyo Stock Exchange requested that investment units be lowered to less than 500,000 yen in October last year in order to create an environment where individual investors can easily invest, and the merits of making it easier for company shares to be incorporated into NISA ahead of the expansion of the small investment tax exemption system (NISA) with an annual investment limit next year.
The background includes the fact that the Tokyo Stock Exchange requested that investment units be lowered to less than 500,000 yen in October last year in order to create an environment where individual investors can easily invest, and the merits of making it easier for company shares to be incorporated into NISA ahead of the expansion of the small investment tax exemption system (NISA) with an annual investment limit next year.
What investors are concerned about is whether the stock value of “stock split” stocks will rise. Here is a summary of the stock price rise and fall rates before and after the split announcement of the 29 companies listed on the Tokyo Stock Exchange Prime that have carried out stock splits since the beginning of this year.
As a result, compared to the closing price of the business day before the stock fund split announcement, the stock prices of 21 companies out of 29 companies have risen both 5 business days after the announcement date and the closing price on 8/16. It is calculated that the winning percentage is over 70%.
Of the 21 companies whose stock prices had risen after 5 business days, 16 had a higher closing price on 8/16 than 5 business days later. It can be seen not only the impact of stock split announcements, but also the fact that stock split stocks tend to be supported by investors even after that.
As a result, compared to the closing price of the business day before the stock fund split announcement, the stock prices of 21 companies out of 29 companies have risen both 5 business days after the announcement date and the closing price on 8/16. It is calculated that the winning percentage is over 70%.
Of the 21 companies whose stock prices had risen after 5 business days, 16 had a higher closing price on 8/16 than 5 business days later. It can be seen not only the impact of stock split announcements, but also the fact that stock split stocks tend to be supported by investors even after that.
Source: Kyodo News, Nihon Keizai Shimbun
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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dsrjjneepomupomu : This is a very misleading article.
The period from January to July of this year was a period where Japanese stocks rose significantly, and there is a possibility that they went up regardless of a stock split. Therefore, if it is a comparison with 8/16 anyway after 5 business days, a comparison with the market average should be made. Also, from an investor's point of view, it is a known fact that stock prices tend to rise when stocks are split, so anyway, I would like a comparison between the initial price immediately after the announcement and 5 business days later.
181338057犬心久美子 : To be honest, anxiety and motivation dropped due to unfamiliar prices after the split, but when big money or speculation don't buy, individual investors do their best to buy![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
The situation was bought on Moomoo's display, and you can clearly understand it by the battle and defense of the sale
Marubeni Love : More and more division!
181650672 : Thank you dsrjjneepomupomu for your comment. The person who created the content. As you pointed out, the comparison with the 8/16 closing price is a result that also includes the effects of rising stock prices in the stock market as a whole, so it cannot be said that price movements are only stock split effects. Thank you for requesting a comparison with the initial price immediately after the announcement. I will use it as a reference for the future.