I realise I must be the only person not to figure this out - but how do I access results for the year thus far?
To be found here: www.stockopedia.com/challenge
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Magoo
6 comments
Gromley
Thanks for the reminder on this, I hadn't completely forgotten and I know Ed or Ben will do a write up at the end, but it did prompt me to have a look at how I was doing.
Mine was very much a speculative selection (because of the type of competition it is) so with none of my 5 having really "triggered" being only minus 23.9% year to date is a bit of a result. With the All Share at -13.6% I can conceive of some "normal" portfolios having under-performed my box of frogs folio.
Amazingly at three points in the year (most recently the end of October) I was ahead of the All Share!
Relative performance of my picks has been curious too :
| Filtronic (LON:FTC) | -11.1% | |
| Smiths News (LON:SNWS) | -17.1% | |
| Innovaderma (LON:IDP) | -19.5% | |
| McColl's Retail (LON:MCLS) | -35.0% | |
| Toople (LON:TOOP) | -36.7% |
My craziest selection (Toople) looks destined to finish bottom, however my next most "out there" selection (Filtronic) was the best performance and as it actually outperformed the All Share I will stick with the description "best" as opposed to "least worst".
I actually currently hold the middle three and have profited from 2 of them by buying and selling at the right times.
If I were a clever trader (which I do not profess to be) hindsight suggests I could have made good profits on all five during the year. Probably not the 500%+ needed to win the competition however!
Edit : Just checking the leader board I find that I am 1980th out of 2150 entrants, placing me in the bottom decile. :-(
Even the last placed contestant did not manage to get totally wiped out - I really don't think we are trying hard enough!
A cheeky namecheck for someone who I recall from the dim and distant past (assume it is the same person) - congratulations Entrust - looking fairly safe to be the runner up in the wooden spoon contest - I haven't heard from / of you for ages.
Laughton
What I found interesting is that only one selection in the top 100 has an average Stock Rank of 90 or above.
Nick Ray
What I found interesting is that only one selection in the top 100 has an average Stock Rank of 90 or above.
That's the nature of volatility. When I put my selection together I had a look at which shares had come at the very top of the list for the previous year. It was highly speculative shares in Software and Healthcare. Then, as a check, I had a look at which shares had come at the very bottom: it was the same set!
If you want a portfolio which out-performs the median you would go for low volatility high quality stocks with a bit of momentum. But if you want to find five which have a (small) chance to actually out-perform everything else you have to go for high volatility tiddlers. But then it becomes a gamble. They will either go crazy or crash and burn!
For what it's worth I eventually chose all highly speculative healthcare and given what happened this year that gave me a semi-decent performance. But even then, I didn't manage to select one of the really big healthcare winners and the magic has been fading since end-Sept so I am currently at #1137: https://www.stockopedia.com/ch...
And for the absence of doubt, I don't have any of these in my real portfolio.
