I do have three interesting tables/charts to share.
Interesting Table/Chart 1
This shows how the 47 stocks in my MFI index have fared for the year and this week (note how well QCOR and GTLS have done):
| Stock | Start | Last Week | Current | YTD Change | Weekly Change |
| amed | 48.60 | 29.00 | 28.39 | -41.6% | -2.1% |
| ARO | 22.70 | 26.90 | 27.05 | 19.2% | 0.6% |
| CBI | 20.22 | 28.18 | 28.33 | 40.1% | 0.5% |
| CBPO | 12.08 | 10.92 | 11.56 | -4.3% | 5.9% |
| CBST | 18.97 | 23.34 | 21.69 | 14.3% | -7.1% |
| CEU | 6.12 | 4.41 | 2.70 | -55.9% | -38.8% |
| CF | 90.38 | 122.81 | 120.74 | 33.6% | -1.7% |
| CHKE | 16.77 | 20.64 | 19.69 | 17.4% | -4.6% |
| CYTK | 2.91 | 2.23 | 2.21 | -24.1% | -0.9% |
| DLX | 14.06 | 22.19 | 21.19 | 50.7% | -4.5% |
| ELNK | 7.87 | 9.08 | 8.96 | 13.9% | -1.3% |
| EME | 26.90 | 26.38 | 26.79 | -0.4% | 1.6% |
| ENDP | 20.52 | 35.35 | 36.03 | 75.6% | 1.9% |
| EPAX | 13.05 | 10.59 | 11.02 | -15.6% | 4.1% |
| ESI | 95.96 | 59.99 | 58.50 | -39.0% | -2.5% |
| EXBD | 22.56 | 34.27 | 34.68 | 53.7% | 1.2% |
| FIX | 12.17 | 11.35 | 11.18 | -8.1% | -1.5% |
| FLR | 44.66 | 57.59 | 57.84 | 29.5% | 0.4% |
| FRX | 32.11 | 31.85 | 31.85 | -0.8% | 0.0% |
| FWLT | 29.44 | 28.78 | 28.00 | -4.9% | -2.7% |
| GHM | 20.62 | 17.01 | 16.44 | -20.3% | -3.4% |
| GME | 21.94 | 20.50 | 19.90 | -9.3% | -2.9% |
| GTLS | 16.52 | 28.45 | 31.60 | 91.3% | 11.1% |
| IDCC | 26.56 | 34.12 | 33.10 | 24.6% | -3.0% |
| IMMU | 3.21 | 3.20 | 3.15 | -1.9% | -1.6% |
| JTX | 4.40 | 0.83 | 0.85 | -80.7% | 2.4% |
| LO | 76.95 | 83.52 | 79.80 | 3.7% | -4.5% |
| NSR | 23.04 | 26.66 | 25.85 | 12.2% | -3.0% |
| PDLI | 5.89 | 5.77 | 5.80 | -1.5% | 0.5% |
| PPD | 41.08 | 61.86 | 64.69 | 57.5% | 4.6% |
| PRGX | 5.91 | 5.86 | 5.83 | -1.4% | -0.5% |
| PRIM | 7.88 | 8.64 | 8.83 | 12.1% | 2.2% |
| QCOR | 4.75 | 14.73 | 14.24 | 199.8% | -3.3% |
| RGR | 9.49 | 16.10 | 16.00 | 68.6% | -0.6% |
| RTN | 50.37 | 46.48 | 46.23 | -8.2% | -0.5% |
| SNTA | 5.06 | 4.13 | 4.29 | -15.2% | 3.9% |
| SOLR | 5.56 | 7.09 | 6.68 | 20.1% | -5.8% |
| TSRA | 23.27 | 20.65 | 19.87 | -14.6% | -3.8% |
| ttt | 10.01 | 14.62 | 14.36 | 43.5% | -1.8% |
| UEPS | 19.40 | 12.04 | 12.16 | -37.3% | 1.0% |
| UNTD | 6.76 | 6.20 | 6.37 | -5.8% | 2.7% |
| USMO | 10.43 | 16.70 | 16.98 | 62.8% | 1.7% |
| UTA | 10.56 | 6.26 | 6.24 | -40.9% | -0.3% |
| VALV | 5.15 | 6.92 | 6.72 | 30.5% | -2.9% |
| VCLK | 10.12 | 15.76 | 15.56 | 53.8% | -1.3% |
| VGR | 13.09 | 18.65 | 18.27 | 39.6% | -2.0% |
| WTW | 28.61 | 34.36 | 34.25 | 19.7% | -0.3% |
| Totals | 9,666 | 11,162 | 11,049 | 14.3% | -1.0% |
Interesting Table/Chart #2
This chart shows the MFI index from inception:
Interesting Table/Chart #3
Here is the same chart for just the year 2010. Note I have added my actual portfolio on the chart as well. It is quite volatile... obviously too many stocks in the high risk category!
I did sell my TTT today. I had owned them over a year and have had a very nice gain. I have started to worry that the Bush tax cuts will not be extended, so it made sense to take my tax hit in the 2010 year at a long term rate of 15%. Still like the stock. So I am officially 7% in cash.Paying Dividends
Not sure what to buy right now, I am leaning towards re-buying IDCC, especially if they become a dividend payer. Finally, I did buy STD today at 9.64 (obviously not as part of my MFI portfolio as I felt their 20% sell-off of late was over done and they were on my long term watch list as I am building up a dividend portfolio for retirement. (note I also have SLF, BNS, DD, VR, PHI, AZN, TOT, SDRL, CVX, SCCO, PG and PVD on my watch list while owning USB, STD, LNC, CSQ, RNR-PC, ENH-PA, OIBAX, O, WBK, SLRC and XOM along with my MFI divvy stocks).
Finally, speaking of dividends, I did get good news from KSW today as they announced an unexpected dividend (KSW, Inc. Declares Cash Dividend). So they will have paid a 10 cent dividend in June and now this 7 cent dividend in December, which is 17 cents or about 5%... which is unusual for a micro-cap stock. I still think they'll make me some money... some day.
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2 comments:
Marsh, is my simple math right: if your index had failed to include those top two stocks, the average gain for the basket would drop from 14.3% to 8.5%, while if the two biggest losing stocks were dropped, then the average gain would increase from 14.3% to 17.9%, right? If that's right, it's a great example of why picking and choosing stocks and being just slightly wrong will totally wreck your portfolio (or at least cause it to significantly underperform).
You are absolutely correct. The std deviation of the 47 stocks is about 45%, which is large (the average over time is still large, about 39%). So the inclusion or exclusion of a particular stock in a particular year can make a material difference in results in a one year time frame. Theoretically, over time that would even out if you stick with MFI after a few JTX picks.
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