For now they aren't here yet.
The returns year to date aren't negative anymore, but the magic formula stocks seem to perform worse then the market. Even my own picks have fallen under the return of the benchmarks.
Now comes the time to believe.
In the virtual portfolio GL trade was sold with a 16% loss and Innoconcepts was sold with a 16% gain! In my portfolio with real money. I mistakingly sold Unibail and bought it again, just making my broker happy. And I also held Innoconcepts making a 16% gain.
Here are the full summaries.
My stocks
| Name | Date bought | Number | Price payed | Price 15/11/2007 | Difference | |
| Tomtom | 18/01/2007 | 91 | 33,13 € | 54,07 € | 63,21% | |
| GL Trade | 18/01/2007 | 73 | 41,45 € | 31,50 € | -24,00% | |
| Rio Tinto | 16/02/2007 | 70 | 42,97 € | 78,02 € | 81,57% | |
| Vallourec Group | 16/03/2007 | 17 | 169,50 € | 186,27 € | 9,89% | |
| Rolls-Royce Group | 20/04/2007 | 401 | 7,47 € | 7,81 € | 4,55% | |
| Arcandor AG | 17/05/2007 | 113 | 26,80 € | 18,12 € | -32,39% | |
| Bt Group | 16/06/2007 | 588 | 5,03 € | 4,35 € | -13,52% | |
| Genrale de Sante | 20/07/2007 | 98 | 30,67 € | 29,48 € | -3,88% | |
| KCO | 27/09/2007 | 72 | 48,25 € | 28,08 € | -41,80% | |
| Randstad | 17/10/2007 | 71 | 42,50 € | 27,17 € | -36,07% | |
| Britisch Land Comp | 17/10/2007 | 180 | 16,66 € | 13,49 € | -19,03% | |
| Belgacom | 17/11/2006 | 108 | 27,90 € | 33,78 € | 21,08% | Renewed 15/11/2007 |
| Salzgitter | 15/11/2007 | 25 | 120,62 | 99,83 € | -17,24% | |
| Porsche | 14/12/2007 | 2 | 1405,75 | 1.408,02 € | 0,16% | |
| Unibail | 14/12/2007 | 20 | 149,14 | 149,10 € | -0,03% | |
| Total Portfolio | 60.989,16€ | |||||
| Stocks | 43.645,55€ | |||||
| Cash | 17.343,61€ | |||||
| Increase since 01/01/2007 | 4,45% | |||||
| 58390,45 | Euro | |||||
| Increase since start (18-10-2006) | ||||||
| 57335,76 | Euro | 6,37% |
Virtual Portfolio
| Virtual Magic Formula test | ||||||
| Name | Buy date | Number | Buying price | Price 15/11/2007 | Difference | |
| BT Group | 18/01/2007 | 636 | 4,72 € | 4,35 € | -7,84% | |
| Burren Energy | 18/01/2007 | 271 | 11,23 € | 18,49 € | 64,65% | |
| Absolute Capital Manag. Hold. | 15/02/2007 | 432 | 6,95 € | 0,52 € | -92,52% | |
| Drax Group PLC | 15/03/2007 | 270 | 11,11 € | 10,12 € | -8,91% | |
| Vallourec Group | 15/03/2007 | 18 | 169,48 € | 186,01 € | 9,75% | |
| Olympique Lyonnais group | 24/04/07 | 146 | 20,65 € | 20,49 € | -0,77% | |
| Arcandor ag | 18/05/07 | 113 | 26,68 € | 18,14 € | -32,01% | |
| Antofagasta PLC (ANTO) | 15/06/07 | 321 | 9,36 € | 10,76 € | 14,96% | |
| Unibail Holding (UL) | 15/06/07 | 15 | 204,46 € | 149,27 € | -26,99% | |
| Glaxo Smith Kline | 20/07/07 | 153 | 19,66 € | 19,98 € | 1,63% | |
| Liberty International | 27/09/07 | 172 | 17,68 € | 16,12 € | -8,82% | |
| arques industries | 17/11/2006 | 260 | 11,57 € | 23,87 € | 106,31% | Renewed 17/10/2007 |
| Netgem (NTG) | 18/10/2007 | 968 | 3,10 € | 3,13 € | 0,97% | |
| Salzgitter | 17/11/2006 | 36 | 84,71 € | 99,50 € | 17,46% | Renewed 15/11/2007 |
| Land Securitys (LAND) | 15/11/07 | 130 | 23,09 | 21,70 € | -6,02% | |
| PORSCHE AUTOMOBIL HOLDING SE (POR3) | 14/12/07 | 2 | 1408,79 | 1.409,19 € | 0,03% | |
| HAYS PLC (HAS) | 14/12/07 | 27 | 109,5 | 109,50 € | 0,00% | |
| Total Virtual Portfolio | 60.088,04€ | |||||
| Cash | 9.963,14€ | |||||
| Stocks | 50.124,90€ | |||||
| Increase since 01/01/2007 | ||||||
| 59650,21 | Euro | 0,73% | ||||
| Increase since start (18-10-2006) | ||||||
| 57335,76 | Euro | 4,80% |
Benchmarks
| B | Start | 01/01/07 | 15/11/07 | Change Start (18-10-2006) | Change 01/01 |
| Euronext 100 | 942,47 | 968,55 | 988,38 | 4,87% | 2,05% |
| Dax | 6.412,36 | 6.596,92 | 7885,46 | 22,97% | 19,53% |
| FTSE 100 | 6.155,19 | 6.310,93 | 6347,1 | 3,12% | 0,57% |
| Average | 10,32% | 7,38% | |||
| Eurostox 50 | 3991,38 | 4119,94 | 4353,79 | 9,08% | 5,68% |
I added the Eurostoxx 50 index because I had some readers following that one to track their performance.
As you can see I'm underperforming the indexes with 3% year to date and 4% from start.
The Magic Formula stocks underperform 7%
They had a flying start this year, but for now they are performing bad. Let's hope the future brings more profits.
