... The Moneyball of Investing
The SWAN Teams Track Record: Performance
For the analysts on the SWAN team we want to see a 5+ year track record that shows an ability to consistently beat the S&P 500 over both short and long-term periods, and through up and down markets. These are the track records of the SWAN Team members as of March 31, 2010:
Marketocracy manages a farm system of thousands of investment analysts with detailed, trade-by-trade track records. For 9-years we’ve analyzed their decisions so we know how much money they made and how they made it.
Each analyst was hand picked for the SWAN Team to fill a specific role based on their proven investment skills. Most are generalists moving from sector to sector as the market changes. (see table below for statistics on each analyst)
Each analyst was hand picked for the SWAN Team to fill a specific role based on their proven investment skills. Most are generalists moving from sector to sector as the market changes. (see table below for statistics on each analyst)
• SWAN Analyst 1 has made money on 85% of the stocks he has bought across all sectors (84.8% Winning Ratio) and has a batting average of beating the market 96% of the time.
• SWAN Analyst 2 has a background and invests in the Financial Services sector.
• SWAN Analyst 3 has averaged 32.1% returns for over 7 years focused mostly on small pharmaceutical and biotechnology drug companies.
• SWAN Analyst 4 (beta 0.28) was selected for their market timing and hedging abilities.
• SWAN Analyst 5 has averaged 30.2% returns for over 9 years and 75% over the last year.
• SWAN Analyst 6 invests in larger companies, particularly Materials and Energy
• SWAN Analyst 2 has a background and invests in the Financial Services sector.
• SWAN Analyst 3 has averaged 32.1% returns for over 7 years focused mostly on small pharmaceutical and biotechnology drug companies.
• SWAN Analyst 4 (beta 0.28) was selected for their market timing and hedging abilities.
• SWAN Analyst 5 has averaged 30.2% returns for over 9 years and 75% over the last year.
• SWAN Analyst 6 invests in larger companies, particularly Materials and Energy
Our confidence in our analysts increases with the margin by which they beat the S&P 500, and the length of their track record.
The column titled "Fund Age" tells you how long we have been tracking each analyst.
We use Beta to measure how synchronized the analysts are to the market and to each other. A Beta of 1 means that when the market goes up or down, the analyst tends to move in the same direction and by the same percentage. Having analysts with such widely varying Betas means that the team's performance will be less dependent on the direction of the market.
The batting average is one way we measure consistency. It tells you the percent of the time an analyst beat the S&P 500 after a 1 year holding period. An analyst who beats the S&P 500 over any 1 year period 75% of the time is someone that is steadily outperforming the market, not wildly swinging for the fences.
The winning ratio is one of the ways we measure stockpicking skill. It's rare to find someone like analyst 1 who has made money on 85% of the stocks he's invested in over the last 9+ years.
The column titled "Fund Age" tells you how long we have been tracking each analyst.
We use Beta to measure how synchronized the analysts are to the market and to each other. A Beta of 1 means that when the market goes up or down, the analyst tends to move in the same direction and by the same percentage. Having analysts with such widely varying Betas means that the team's performance will be less dependent on the direction of the market.
The batting average is one way we measure consistency. It tells you the percent of the time an analyst beat the S&P 500 after a 1 year holding period. An analyst who beats the S&P 500 over any 1 year period 75% of the time is someone that is steadily outperforming the market, not wildly swinging for the fences.
The winning ratio is one of the ways we measure stockpicking skill. It's rare to find someone like analyst 1 who has made money on 85% of the stocks he's invested in over the last 9+ years.
If we combine them as a team that is rebalanced just once a year, we see that they would have outperformed the S&P 500 by more than 18% a year over the last 7 years. That's the kind of returns that will make a difference.
Of course, good past performance does not guarantee good future results. Keep in mind that these analysts did very well over a 7 year period when the market was basically flat. If the market is flat, or even up from here, this team has shown they can perform. But what if the market goes down? How would this team handle a downturn? Click here.
Of course, good past performance does not guarantee good future results. Keep in mind that these analysts did very well over a 7 year period when the market was basically flat. If the market is flat, or even up from here, this team has shown they can perform. But what if the market goes down? How would this team handle a downturn? Click here.
Model Portfolio Performance Information
The performance information presented and discussed on this page pertains to Marketocracy.com model funds.
For all model performance results, there are inherent limitations which investors should understand. Unlike an actual performance record, model results do not represent actual investment performance or trading. Since the trades have not actually been executed, the results may under- or over-compensate for the impact, if any, of certain market factors, such as the effect of limited trading liquidity.
No representation is being made that any investor will or is likely to achieve results similar to those shown. The results presented reflect past performance and should not and cannot be viewed as an indicator of future performance.
The results shown are not an indicator of the returns a client would have realized or will realize in relying on any model mentioned.
The analysts who manage the model funds are not employees of Marketocracy or any of its affiliates, but are independent investment researchers acting solely as independent contractors.
The performance information presented and discussed on this page pertains to Marketocracy.com model funds.
For all model performance results, there are inherent limitations which investors should understand. Unlike an actual performance record, model results do not represent actual investment performance or trading. Since the trades have not actually been executed, the results may under- or over-compensate for the impact, if any, of certain market factors, such as the effect of limited trading liquidity.
No representation is being made that any investor will or is likely to achieve results similar to those shown. The results presented reflect past performance and should not and cannot be viewed as an indicator of future performance.
The results shown are not an indicator of the returns a client would have realized or will realize in relying on any model mentioned.
The analysts who manage the model funds are not employees of Marketocracy or any of its affiliates, but are independent investment researchers acting solely as independent contractors.