Hi,
Looking to follow the NAPS philosophy in Australia. Is anyone alreadyvdoes this and how has it performed?
Thanks
Just use the NAPS process outlined for your area presume you can filter for only oz stocks
About the Author
Bill Savellis1
6 comments
Edward Croft
I haven't run an Ozzie NAPS in real time, but here's a few backtests of a 2 per sector diversified ASX NAPS portfolio with a minimum Market Cap of £20m (roughly AUD40m). I've only data going back to 2016 for Australia.
The left axis is normalised to 1 in each case.
6 Month Rebalancing - StockRank - roughly 230% over that timeframe... 22% annualised
Annual Rebalancing - StockRank - roughly 160%, 17% annualised
mbclark
Ed - it would be really truly amazing if you guys could build even this basic backtesting functionality into the site for the user base. Some basic testing around min/max market cap, sector diversification, rebalancing periods, country selection, etc. The difference between the performance you've posted here and the very rudimentary performance history on the StockRanks page that will only let you choose market cap and broad global region is striking and the StockRanks (and the related Risk Ratings) would be substantially more useful with some basic backtesting functionality that could let users get more comfortable with various systematic portfolio construction rules.
InvestTrader
Hey Ed,
Interesting that you can do this backtest. That means you do have all of the historical Stock Ranks for Aussie stocks. Will this be available sometime to users?
Cheers
