Is the market currently gripped by fear or greed? You can't tell just by looking at the index fluctuations.
The "Taiwan Stock Market Fear & Greed Index" collects publicly available data from the Taiwan Stock Exchange and the Taiwan Futures Exchange after the market closes each day, compressing eight market sentiment indicators into a score from 0 to 100. 0 represents extreme fear, and 100 represents extreme greed, instantly revealing the market's current position.
【Fear and Greed Index】
• A semi-circular gauge instantly reveals the current emotional level.
• Five emotional ranges are marked with corresponding scores: Extreme Panic 0-24, Panic 25-44, Neutral 45-55, Greed 56-75, Extreme Greed 76-100
• Values and popularity of each of the eight component indicators.
• Each indicator can be clicked for a plain-language explanation of what it measures.
• A one-year trend chart for comparison with the weighted index.
• Press and hold on the trend chart to drag out a crosshair to view the date and value for any given day.
【Market Margin Maintenance Ratio】
• Unofficially unpublished figures; this app calculates them level by level using publicly available data.
• Covers all listed stocks with margin financing, with a coverage rate of approximately 99%.
• Marks the 166.67% break-even point and the 130% margin call line on the chart.
• Simultaneously displays the trend of margin balances, showing the increase or decrease in retail investor leverage.
【Eight Component Indicators】
• Margin Maintenance Ratio — The book pressure on margin accounts.
• Market Breadth — Percentage of Stocks Rising
• Index Momentum — Weighted Index Deviation from 60-Day Moving Average
• Volatility VIX — Taiwan Futures Exchange (TWSE) Options Volatility Index
• Margin Momentum — Five-Day Change in Margin Balance
• Options P/C — Open Interest Ratio of Put to Call Options
• Volume — Trading Volume Relative to 20-Day Average
• Realized Volatility — Actual Volatility of the Weighted Index Over the Past 20 Days
【Data and Updates】
• All data is from publicly available information from the Taiwan Stock Exchange and the Taiwan Futures Exchange
• Updated every evening of the trading day; calculations are only performed after all margin trading data is complete.
• A built-in data file is available in the app; it can be accessed even without an internet connection.
【Who is it for?】
• Long-term investors who want to know "Is it too hot right now?"
• People who are used to checking margin maintenance ratios to gauge market sentiment
• People who want to replace intuition with objective numbers
【Important Disclaimer】 This app is a tool for compiling and statistically analyzing publicly available information and is not an investment advisory service. This app does not provide any individual stock analysis, stock selection, or buy/sell recommendations. All figures are for reference only; please make your own investment decisions and bear the associated risks.
Source: Taiwan Stock Exchange, Taiwan Futures Exchange
A quick glance at the Taiwan stock market sentiment: Fear & Greed Index, Market Margin Maintenance Ratio, and Taiwan VIX (automatically updated after market close).