Insider Sentiment Analytics
Transaction Breadth & Net Spread
This metric quantifies the raw frequency of insider buying and selling activity across all listed companies. Unlike dollar volume, transaction breadth focuses on the total number of filings, providing a clearer picture of market-wide consensus. A rising number of individual purchases often serves as a leading indicator of institutional accumulation before significant price appreciation.
Unique Participants (Insider Depth)
This indicator tracks the number of individual executives (CEOs, CFOs, Directors) active in the market. It prevents a single high-frequency insider from skewing the data. High Unique Buyer participation represents a "high-conviction" signal, suggesting that internal corporate sentiment is unified across different management levels.
Inflation-Adjusted Trade Volume
By utilizing a Logarithmic Scale and Inflation-Adjusted Volumes, this chart provides a historically accurate view of capital intensity. Adjusting for purchasing power allows us to compare the conviction levels of current multi-million dollar trades against historical data, normalizing for the expansion of the monetary base.
Buy/Sell Volume Ratio Index
The Buy/Sell Volume Ratio is our primary sentiment oscillator. Represented on a Logarithmic Scale, it highlights extreme deviations in market participation. A ratio significantly above 1.0 (neutral) signals an aggressive accumulation phase, while readings below 1.0 reflect periods of heavy executive selling and potential local market tops.