SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : January Effect 2008
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Q.1/31/2008 10:45:37 PM
  Read Replies (1) of 65
 
My results 1/31/08 vs. 12/31/07 were so-so.

The 8 picks I announced had an average -3.8% return as compared to -7.4% for the RUT. So I beat the RUT, but not at a statistically significant level (t = 0.4 was my t-statistic for beating the RUT).

I think that weighting all stocks as if I bought equal dollar amounts at the beginning, as I did above, is the fairest way of measuring my picks.

My real-dollar performance was luckily a lot better, with a gain to date of +7% for the 8 picks using their actual dollar allocations in the port. The reason is that I allocated heavily to stocks of stocks that had particularly profound selloffs very late in December, AAV CVP ASTM, and these did very well.

This January was the worst part of a bear market where the RUT was at one point down more than 20% from its peak. I shorted RUT futures for a few weeks in mid-January and that boosted the gain even more.

I haven't actually sold any of my real-dollar picks. I'm too lazy, I guess.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News