Savvy Pick 10 Contest #1 Indexes (Week 2)
Commentary: We have numerous indexes to present this contest. So without further ado let me give a brief explanation of them. The The Top 27 Index is made up of all stock being picked at least 2 times in the contest, this index is equally weighted. The Top 226 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 27 portfolios in the Savvy Pick 10 Contest #1. The Top Picks Index, Measures the Average Performance of the 25 Stocks chosen as top Picks In the contest (Equally Weighted). All Indexes are equally weighted. Hope everyone enjoys the Stats.
Top 27 Index: +3.12%
Top 226 Index: +5.91%
Top Picks Index: +11.50%
Average Portfolio Return: +6.05%