Here is my newest tranche:
| Start | Current | Dividend | Pct Gain | R3K Gain | |
| VEC | $28.00 | $28.17 | $0.00 | 0.6% | 1.1% |
| $62.73 | $65.53 | $0.00 | 4.5% | 1.1% | |
| VIAB | $63.91 | $65.13 | $0.00 | 1.9% | 1.1% |
| $22.03 | $21.88 | $0.00 | -0.7% | 1.1% | |
| NHTC | $12.44 | $12.20 | $0.00 | -1.9% | 1.1% |
| Totals | 0.9% | 1.1% |
My 9 "rejects" were up 0.7% on day one - of course better to judge after 365 days.
Of course if I had held my expiring stocks for one more day, they were up 1.4%.
Formula Approach
My MFI Formula stock tranches are really kicking a$$ so far.
| 10/1/2014 Stocks | Start | Current | Dividend | Pct Gain | R3K Gain |
| BAH | $23.52 | $29.42 | $0.11 | 25.5% | 3.5% |
| $45.55 | $51.07 | $3.22 | 19.2% | 3.5% | |
| CA | $27.87 | $30.41 | $0.25 | 10.0% | 3.5% |
| $41.70 | $36.83 | $0.33 | -10.9% | 3.5% | |
| $44.56 | $43.09 | $0.35 | -2.5% | 3.5% | |
| Totals | 8.3% | 3.5% | |||
| 12/31/14 Stocks | Start | Current | Dividend | Pct Gain | R3K Gain |
| CA | $30.83 | $30.41 | $0.00 | -1.3% | -2.8% |
| $28.36 | $26.83 | $0.19 | -4.7% | -2.8% | |
| $34.81 | $40.64 | $0.00 | 16.7% | -2.8% | |
| $34.21 | $36.83 | $0.00 | 7.7% | -2.8% | |
| IQNT | $19.87 | $17.49 | $0.00 | -12.0% | -2.8% |
| Totals | 1.3% | -2.8% |
Both tranches are beating benchmark by more than four points. You'd think this would vindicate this approach, but I have to admit so far it is as much "luck" as anything. The stocks I did not pick randomly in October are up just a bit over 2% (versus 8.3% for my 5). The stocks I didn't pick randomly in December are down 6%.
RCII Misses
RCII has been the best performer in my May 2014 tranche (up 24%). But their earnings last night disappointed (4:49 pm Rent-A-Center misses by $0.11, reports revs in-line; guides FY15 EPS below consensus, revs in-line) and I expect to feel the pain today.
Posts
3 comments:
Have you considered making a basket of all your eligible stocks per tranche? rather than picking 5? Maybe you've addressed this in the past and I missed it...
Joel - i have thought about it. The transnational costs start to add up.
Got it...might be interesting to see what the results less the trans. fees would be... when you have a few minutes to do another big spreadsheet. :)
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