- The report includes multiple quantitative models for market timing, such as short-term, mid-term, and long-term models, which are integrated into a multi-cycle, multi-strategy system[11][13][68] - Short-term models include the volume model (neutral for most broad-based indices), low volatility model (neutral), institutional feature model (bullish), feature volume model (bearish), and intelligent algorithm models for CSI 300 (bearish) and CSI 500 (neutral)[13][68][76] - Mid-term models include the limit-up-and-down model (neutral) and calendar effect model (neutral)[14][69] - Long-term models include the momentum model, which is bullish[15][70] - Comprehensive models such as the A-Share Comprehensive Weapon V3 model and the A-Share Comprehensive CSI 2000 model are bearish[16][71] - For Hong Kong stocks, the mid-term turnover inverse volatility model is bearish[17][72] Model Backtesting Results - The short-term institutional feature model is bullish for CSI 300 and CSI 500 indices, while the feature volume model is bearish for CSI 300[13][68] - The long-term momentum model shows bullish signals across broad-based indices[15][70] - Comprehensive models indicate bearish signals for CSI 2000 and other indices[16][71] - The turnover inverse volatility model for Hong Kong stocks has turned bearish[17][72]