For the last week of November, the Long-Trading Portfolio gained 30 basis point versus the 50 basis point gain on the S&P 500, down 20 basis points for the week.
(The Marketocracy charting function is down. The chart of the portfolio's performance will be added once available.)
Since inception, the portfolio is up 3% since inception, or up 4.8% relative to the market over a similar time frame. The outperformance of the portfolio is most attributable to the performance of Alpha Natural Resources and Arch Coal. To a lesser degree, the 1.5% loss on the Proshares Short 20+ year Treasury Bond Fund still beats out the markets 4% loss since inception. The drag on the portfolio comes from the Advisor Shares Ranger Equity Bear Fund (ticker HDGE), which has lost more than 8%. I intend to trade out of this position and will likely roll the proceeds into existing positions.
(The Marketocracy charting function is down. The chart of the portfolio's performance will be added once available.)
Since inception, the portfolio is up 3% since inception, or up 4.8% relative to the market over a similar time frame. The outperformance of the portfolio is most attributable to the performance of Alpha Natural Resources and Arch Coal. To a lesser degree, the 1.5% loss on the Proshares Short 20+ year Treasury Bond Fund still beats out the markets 4% loss since inception. The drag on the portfolio comes from the Advisor Shares Ranger Equity Bear Fund (ticker HDGE), which has lost more than 8%. I intend to trade out of this position and will likely roll the proceeds into existing positions.
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