MagicDiligence Spells Tracking Portfolios Summary
Expand rows to see individual tracking portfolios. Click on links to see details on individual tracking portfolio.
Data shown is for 2016-02-19 through 2017-04-30.
|Magic Recipe||13.44%||-3.08%||7 of 20|
|Deep Value||13.16%||-3.36%||6 of 20|
|Quality Growth||27.47%||10.95%||19 of 20|
|Star List||11.00%||-5.52%||4 of 20|
A major challenge with our 'Spells' is implementing a practical strategy for using them. The Tracking Portfolios above are designed to measure the long-term performance of a practical, mechanical buy and sell strategy, using the Spells as the source for stock picks. The strategy works as follows:
- Purchase 5 equal weight positions from the spell every 3 months (3 positions for Star List).
- Hold for one year.
- At end of one year, sell positions. Using proceeds, buy 5 new equal weight positions.
- Repeat from step 2.
For the Tracking Portfolios, positions were chosen at random, beginning with a $10k investment per position. Performance is measured by comparing against an S&P 500 tracking portfolio, which made the same size initial investments on the same dates. 20 tracking portfolios were generated for each Spell to produce a good aggregate representation for the overall performance of this strategy.
Joel Greenblatt and MagicFormulaInvesting.com are not associated in any way with this website. Neither Mr. Greenblatt or MagicFormulaInvesting.com endorse this website's investment opinions, strategy, or products. Investment recommendations on this website are not chosen by Mr. Greenblatt, nor are they based on Mr. Greenblatt's proprietary investment model, and are not chosen by MagicFormulaInvesting.com. Magic Formula® is a registered trademark of MagicFormulaInvesting.com, which has no connection to this website. The information on this website is for informational purposes only and solely represents the views and opinions of the author. No warranty is provided or implied as to the accuracy, completeness, or timeliness of this information. This information may not be construed as investment advice of any kind, nor can it be relied upon as the basis for stock trades. DON'T RELY SOLELY ON THIS WEBSITE'S INFORMATION OR STATISTICS! Please do your own research before buying. Alexander Online Properties LLC, the proprietor of this website, is not responsible in any way for losses or damages resulting from the use of this information. Alexander Online Properties LLC is not a registered investment advisor. All logos are trademarked properties of their respective companies.
© 2008-2017 Alexander Online Properties LLC