November 5, 2007

Magic Formula Stocks and Dogs of Euronext

Originaly posted 20 march 2007

Since it takes quite long to recreate the Dogs of Euronext list each time I will only post that list every 3 months from now on. They aren't doing so great eather. The result untill today 0,47 % while the market returns 1,12%.


My own picks proofed to be more safe then the normal Magic Formula stocks. They have a year to date return that now is bigger then that from the virtual portfolio. however over the still small time we are picking these stocks, the virtual portfolio still exceeds my own stock picks. Could investing in Europe be this easy? Just following a simple list every month?


All I know is that so far both the virtual and my own picks have beaten the market significantly. Let's hope it stays this way. But as I said before, if the virtual portfolio still beats my own picks in a years time, I will start investing the real money in that way, and maybe spend some more time analysing the stocks in the portfolio.


Here are the results.
































































































































































































Virtual Magic Formula test
Name Buy date Number Buying price Price 01/03/2007
arques industries 17/11/2006 260 11,57 € 16,44 €
Aleo Solar NA 17/11/2006 517 5,81 € 11,16 €
GCI management 17/11/2006 320 9,38 € 8,35 €
HCI Capital 17/11/2006 216 13,94 € 17,02 €
Salzgitter 17/11/2006 36 84,71 € 104,95 €
VEM Aktienbank 17/11/2006 546 5,50 € 4,30 €
GL Trade GLT 14/12/2006 80 37,50 € 39,40 €
Innoconcepts NV 14/12/2006 255 11,79 € 12,38 €
BT Group 18/01/2007 636 4,72 € 4,60 €
Burren Energy 18/01/2007 271 11,23 € 11,11 €
Absolute Capital Management Holdings 15/02/2007 432 6,95 € 6,95 €
Drax Group PLC 15/03/2007 270 11,11 € 11,39 €
Vallourec Group 15/03/2007 18 169,48 € 167,00 €
Total Virtual Portfolio 61.703,13 €
Cash 18.154,15 €
Stocks 43.548,98 €
Increase since 01/01/2007
59.650,21 € 3,44%
Increase since start
57.335,76 € 7,62%

Benchmarks



























































Start 01/01/07 19/03/07 Change Start Change 01/01
Euronext 100 942,47 968,55 968,69 2,78% 0,01%
Dax 6.412,36 6.596,92 6700,29 4,49% 1,57%
FTSE 100 6.155,19 6.310,93 6220,3 1,06% -1,44%
Euronext For Dogs 957,92 968,69 1,12%
Average 2,78% 0,05%

My Portfolio was posted yesterday, the overal result changed to :


3,62% year to date


5,53% from start.

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