Mooer Stories Behind 10 Star Product Features: Heat Map

ZnWC, a Singapore user who is learning to build wealth through investment and writing about his investing stories, said moomoo's heat map feature helps him in two ways. First is finding out the best performance sectors or stocks over a period of time, and second is analyzing the stock market situation.

He showed us a screenshot of heat map illustrating the reaction of US stock market after the release of 2022 November US consumer price index.

When almost all the sectors are in red on the screen, the user can easily understand that the market was trembling at that moment, and stock prices have generally plunged.

Although the heat map is a good tool to gather market information, ZnWC reminds investors the importance of making independent investing decisions.

"You sell based on your exit plan, not your fear. You buy based on your risk appetite, not FOMO or fear of missing out," ZnWC said. "We should do our own due diligence and take responsibility for our investments."

ZnWC chose Barista FIRE because he no longer has any liability. He owns property and lives a simple life enjoying cooking, healthy foods, exercise and meditation.

Meanwhile, he decided to use around 10% of his funds to explore high-risk investments and diversify his portfolio with the investment goal of building wealth and helping others. He believes high-risk investments can be managed through learning and research.

Moomoo's product manager Shine believes heat map can be useful for investors exploring new sectors and stocks.

Investors can quickly identify potential investing opportunities with this feature, especially in an overall sluggish market. Sectors or companies that manage to maintain their growth in a bear market will significantly stand out on the screen. For example, the oil and gas sector made it eye-catching on the heat map during 2022.

Shine shares a way to spot unknown companies that might worth looking into with this heat map feature. He references the market capitalization② as a useful indicator in his case. By selecting the date range to year-to-date in the heat map feature, he is able to identify the front runner sectors in 2022.

Next, he chooses the most interesting sector and click to get the company ranking by their market capitalization increment. The biggest mover would be something to consider studying.

"My investing strategy is more like value investing, so I carefully examine the company's share price chart and make sure the price movement is reasonable. I do not want to spend my money and time to invest in something that I cannot even explain, because these stocks might be manipulated or camouflaged. And that, I check the company's profile and financials and study its competitors. Only after fine-grained research and analysis can I make my independent judgement to invest in a new company," he said.

②Market capitalization refers to the total value of a public traded company’s outstanding shares of stock. It is commonly referred to as “market cap”. Market Cap=Current Share Price*Total Number of Shares Outstanding