During the fourth month (2012.03.04 – 2012.04.08) was very bad for portfolio. For the first time at the end of reporting period we had negative return. At the moment it is -1.165% and the difference with OMX Baltic Benchmark GI reached -7.655% overall. In the last month we experienced total of 2.347% depreciation while benchmark index appreciated by 1.5%. During this month we added Lesto stock to our portfolio and now we have 76% of funds invested. At the moment the following stocks are in our portfolio: City Service, Tallinna Vesi, Ukio Bankas, Lietuvos Dujos, Merko Ehitus, Lesto.
Stock overview:
- Lesto stock was bought as one of dividend stocks to our portfolio. Unfortunately few days after purchase some speculations showed up in the news that this year Lesto will not payout any dividends and therefore its value dropped by 2.55% as of this day.
- Ukio Bankas was very disappointing during last month. After the announcement that Ukio Bankas put 50 million Litas for provisions their stocks plummeted and now we have a depreciation of 8.02% in this position.
- Tallinna Vesi is still performs very well and at the moment is the only positive stock in portfolio with increase in value of 18.9%.
- City Service rebounded a little from the last month and now has depreciation of total value by 2.38% compared to 7.03% last month.
- Merko Ehitus and Lietuvos Dujos at They only last a short time and usually come with Read more The post tips for Monsoon Season appeared first on Chandler School. the moment are depreciated by 5.68% and 4.13% respectively.
During next month we don’t have any set goals. But we decided to decrease our cash reserves only if very promising opportunity will show up. Also there is possibility that we will liquidate some of the current positions.
| # of positions | 6 |
| Standard dev. | 17.191% |
| Alpha | -0.041% |
| Beta | 0.665 |
| Sharpe Ratio | 0.57909 |
| Portfolio returns | -1.165% |
| Index returns | 6.49% |
| Difference | -7.655% |
| Risk-free rate | 1.8% |
Hi! In my personal opinion you’re doing great. It’s just a lottery to beat a benchmark in such a short-time period and that shouldn’t be the main goal of the project. I hope you and especially your partners understands that. It would be great to see how project continues another year!