Recommendation portfolios performance
Green indicates results exceeding both the benchmark and the
Note: "AntiLong" is the results of treating short
recommendations as "erronous" long recommendations. When
an algorithm is performing well, the results of AntiLong
should be much less than those for Long.
The returns shown assume investment of equal amounts each day
in each recommended stock, buying at the opening
price the day of recommendations, holding for 20 (or 5) market
days (about 1 month)(about 1 week), selling at the closing
price on the last day, and repeating with fresh
recommendations. The returns are calculated assuming a
starting portfolio of $1 million and $5 commission paid on
each buy and sell.
These performance graphs -five years-
visualize historic risks and returns - "past performance" -
against the unweighted sector components and the
benchmark. When the value of a line falls below a
portion of the line to the left (in the same year), there is
risk. Both the benchmark and the recommendations have risk
We also prepare risk profiles for each portfolio for
comparison against sectors and benchmarks. Here is an example.
Contact firstname.lastname@example.org for information on this or other