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Re: shmolton post# 786

Tuesday, 01/31/2006 1:00:16 AM

Tuesday, January 31, 2006 1:00:16 AM

Post# of 2230
Shmo.. here's easy way to calculate your return..

easy way is to forget about $$$.. just look at how much return you get with each stock and do a little multiplication with the stock that you traded (before summing all together and division by 6)

for example
if you have stock
A 10%
B 20%
C -20%
D 30%
E 0%
F 100%

and you traded stock F today (100% is frozen) for stock G at today's price $10 for example.. and the end of the competition stock G is at $15.. then you gain 50% on G

and here's how you calculate them...

return of F and G is:
= ((1+100%) X (1+50%)) - 1
= (2 X 1.5) - 1
= 3 - 1 = 2 = 200%

once you find out the 2 stock return you just do regular computation

(10 + 20 - 20 + 30 - 0 + 200)/6 = 240/6 = 40%

SSK please correct me if I'm wrong..

Stan

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