Richard,
I want to invest with a hedged position wherein I am long
about 5-10 stocks and also short about 5-10 other stocks.
I would like to be able to chart on a daily basis my net
position. I would also like to see this chart versus that
of the SP500 index.
If I am to invest a total $100,000,
FOR EXAMPLE:
I would like to be (say) 70 percent long, and 30 percent short.
Of the $70,000 invested long, I could invest equally among the long
stocks OR I might allocate dollars based on market cap
(per stock)weighting. Similarly for the group invested short.
As an alternate to charts, I would like to see a report
detailling for each day, the performance of each long stock
with a total for the long performance that day, and then the
similar detail regarding the short side. Finally, with a net summary
line for that day. And so forth for the investment time frame of,
say 6 months. Weekly and monthly subtotals would be lovely. As would
(at the detail line item level) cumulative stock performance through each day in question.
I would guess someone in this thread must be doing this kind
of backtesting. If this type of utility is available, I thought
I might be able to avoid the programming drudgery.
Richard, I hope this is clearer.
Incidentally, I am using qp2 scans of price and volume data
in combination with qp2 fundamental data to do stock selection. |
