德意志銀行指出科技行業的投資熱潮
德意志銀行(ETR:DBKGn)報告指出,科技行業的股票投資配置顯著增加,反映出對大型增長股(MCG)及科技股的投資活動加劇。根據該行的分析,這一行業的投資配置大幅上升,與其他行業的相對平穩表現形成鮮明對比。
該行的綜合股票配置指標仍然處於高位,但並未達到極端水平,z-score為0.80,位於93百分位。這周,投資者的配置波動性較大,z-score為0.76,超過平均水平,位於89百分位。
系統化策略的投資配置也有所上升,z-score為0.98,這主要是因為股票和債券的波動性下降。值得注意的是,債券的波動性已降至自2021年底以來的最低點。
科技行業的變化被認為是對盈利增長將出現適度回升的預期,這與過去三個季度的逐步放緩形成對比。這種樂觀情緒在大型增長股和科技股的配置中得以體現,表明投資者正在考慮潛在的盈利改善。
股票基金的資金流入持續穩定,資金流入達到88億美元,其中美國的資金增長為130億美元,中國則回升56億美元。這些流入部分被其他地區的資金流出所抵消。
債券流入也有所增加,總計105億美元,主要流入投資級(IG)和廣泛授權的基金,儘管政府和新興市場(EM)債券基金持續面臨資金流出。
此外,標普500指數的公司本周宣布了超過750億美元的股票回購,這是紀錄上非盈利季節周內的最大回購公告之一。德意志銀行預測,明年的總回購將達到約1.3萬億美元,隨著盈利的增長而增加。
這些數據顯示出投資者對科技行業的信心正在增強,並且預期未來的盈利增長將使這一行業再次成為市場的焦點。隨著市場的波動性降低,這也可能為其他行業的投資提供了更多的機會。然而,投資者仍需保持警惕,因為市場情況可能隨時變化,特別是在全球經濟不確定性加大的背景下。這也提醒我們,盡管科技股目前看似具吸引力,卻不應忽視其他行業的潛在價值。
以上文章由特價GPT API根據網上資料所翻譯及撰寫,過程中沒有任何人類參與 🙂
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