- The timing radar six-dimensional model is constructed based on multi-dimensional indicators including liquidity, economic conditions, valuation, capital flow, technical signals, and crowding metrics. It generates a comprehensive timing score within the range of [-1,1] to assess market conditions[1][6][9] - Liquidity factors include "monetary direction" and "credit direction," which are calculated using changes in central bank policy rates and short-term market rates over 90 days. Positive values indicate monetary easing[11]. "Credit direction" is derived from long-term loan data, comparing the past 12 months' growth rate to three months prior[17]. "Credit strength" measures deviations from expected loan data using z-scores[20] - Economic factors include "growth direction," calculated from PMI data over 12 months and its year-over-year change[22]. "Growth strength" uses PMI deviations from expectations, normalized by standard deviation[25]. "Inflation direction" combines CPI and PPI trends over three months[27]. "Inflation strength" measures CPI and PPI deviations from expectations using z-scores[29] - Valuation factors include "Shiller ERP," calculated as 1/Shiller PE minus the 10-year government bond yield, normalized over six years[30]. "PB" is processed similarly, normalized to ±1 using z-scores[34]. "AIAE" measures equity allocation relative to total market debt, normalized over six years[36] - Capital flow factors include "margin financing increment," comparing 120-day average growth to 240-day averages[39]. "Trading volume trend" uses logarithmic moving averages over 120 and 240 days[42]. External capital flow metrics include "China sovereign CDS spread," which reflects foreign investors' sentiment based on 20-day differences[46], and "overseas risk aversion index," derived from Citi RAI data[48] - Technical factors include "price trend," calculated using moving averages over 120 and 240 days, with additional metrics for trend strength[50]. "New highs and lows" measure the difference between stocks hitting new highs and lows over the past year[52] - Crowding metrics include "option implied premium," derived from the 50ETF's recent returns and percentile rankings[56]. "Option VIX" measures implied volatility expectations[57]. "Option SKEW" reflects skewness in market sentiment[61]. "Convertible bond pricing deviation" measures deviations from model pricing normalized over three years[65] - Current scores for individual factors: monetary direction (1), credit direction (1), credit strength (0), growth direction (-1), growth strength (-1), inflation direction (-1), inflation strength (-1), Shiller ERP (-0.04), PB (-0.74), AIAE (-1.00), margin financing increment (1), trading volume trend (0), CDS spread (-1), risk aversion index (-1), price trend (1), new highs and lows (-1), option implied premium (1), option VIX (1), option SKEW (1), convertible bond deviation (-1)[10][11][17][20][22][25][27][29][30][34][36][39][42][46][48][50][52][56][57][61][65]