Portfolio links
Model 1 Performance (To know more about it click here)
Model 2 Performance (To know more about it click here)
Nifty Future Long-Short Strategy Performance (To know more about it click here)
Weekly Portfolio performance chart
This week the Nifty Index witnessed whipsaw once again with no clear trend. The Nifty Index hit 14151.40 on the lower side and hit 14526.95 on the upper side this week and ended at 14331.25
Last week itself we have decided to liquidate all our positions as suggested by the algorithm and currently we are sitting on cash. Model 1 and 2 have underperformed the index this week. The index has recovered after the Monday morning crash. Model 1 and 2 have underperformed the Index by 2.77% and 1.87% respectively.
Our Nifty Index Long-Short strategy witnessed massive whipsaw and lost 10%. A year to date (From 1st Jan 2021) return turns negative -4.27% compared to the 2.57% return of the Index.
This week Nifty is down by 1.89%.
The broader market has entered a downtrend at the end of the week. We are going to have a cash position in our Model 1 & 2 portfolios till the market is on uptrend once again.
Model 1 and 2 have underperformed the Nifty 50 index this week.
Model 1 and 2 are up 105.73% and 88.39% respectively from the inception at the same time the Nifty Index is up 32%.
Model 1 & 2 have almost double the starting capital in 9 months.
The Nifty long-Short strategy is up around 59.06% and 109% on the margin money.
Model 1 and Model 2 both are live from 13th July 2020 while the Index Long-Short strategy is live from 14th August 2020.
We are sitting on cash in Models 1 & 2 for next week.
The current position for Nifty Long-Short Strategy is Long.
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