Pick 3 Contest #5 Indexes
Commentary: We have numerous indexes to present this contest. So without further ado let me give a brief explanation of them. The The Top 21 Index is made up of all stock being picked at least 2 times in the contest, this index is equally weighted. The Top 129 Index, is also equally weighted, and measures the average performance of all the stocks picked in this contest (Our stock universe). The Average Portfolio Return, measure the average performance of the 55 portfolios. These indexes or averages should be familiar to everyone, as I have presented these in past contest(s). Average Portfolio (Original) the Main difference between this index and the average portfolio return is it excludes the impact of transactions, meaning if no one could make transactions (Which is obviously not the case) this would be the average portfolio return. If you have any questions don’t hesitate to ask, and I will answer them to the best of my ability. Hope you enjoy the info.
Top 21 Index: -7.50%
Top 129 Index: -1.47%
Average Portfolio Return -2.02%
Average Portfolio Return (Original): -2.80%