Monday, November 5, 2018
Tuesday, October 2, 2018
Tuesday, September 4, 2018
Saturday, August 18, 2018
7 months of performances
Below you can find an update of year to date return until July.
It's a difficult year with performance mixed.
Below the performance with ETF listed in Milan for the first 7 months based on Model 3vw and model 3.4 vw.
Purchases and selling are made in the first day of the next month (closing prices).
In the tables above, are made at the closing price of the last day of the month.
So far this year the ETFs are doing worse than theoretical model when you buy at the 1st day of next month
It's a difficult year with performance mixed.
Below the performance with ETF listed in Milan for the first 7 months based on Model 3vw and model 3.4 vw.
Purchases and selling are made in the first day of the next month (closing prices).
In the tables above, are made at the closing price of the last day of the month.
So far this year the ETFs are doing worse than theoretical model when you buy at the 1st day of next month
Thursday, August 2, 2018
Monday, July 2, 2018
Saturday, June 2, 2018
June Asset Allocation
This year Models are facing difficult investing conditions for their style with their weaknesses stress-tested.
May was a tough month because of high volatility in Europe caused by Italian political caos.
Models 3 were long on FTSEMIB, that was the best European stock market before the caos, and lost quite a lot past month.
Also the most defensive models were allocated on short term bonds in Europe, and there was the biggest 1 day move on short end Italian curve that produced a monthly loss.
It's a difficult environment, but maybe you could be surprise knowing that I'm not completely disappointed. Like in boxing, a knockout can happen to everyone, but if the boxer is good it will stand up again. 2018 is going to test the temperance of the Models and I'm sure, after the waters will be clearer, they'll recover.
Using a likeness as with the Agriculture market: the model (style) is good, but this year the weather is not favorable and harvest probably will be poor. It will be important to limit the losses, waiting for the next season
May was a tough month because of high volatility in Europe caused by Italian political caos.
Models 3 were long on FTSEMIB, that was the best European stock market before the caos, and lost quite a lot past month.
Also the most defensive models were allocated on short term bonds in Europe, and there was the biggest 1 day move on short end Italian curve that produced a monthly loss.
It's a difficult environment, but maybe you could be surprise knowing that I'm not completely disappointed. Like in boxing, a knockout can happen to everyone, but if the boxer is good it will stand up again. 2018 is going to test the temperance of the Models and I'm sure, after the waters will be clearer, they'll recover.
Using a likeness as with the Agriculture market: the model (style) is good, but this year the weather is not favorable and harvest probably will be poor. It will be important to limit the losses, waiting for the next season
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