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 showed up move for the first 4 days and on the last day, it turns negative with a downtrend. The Nifty Index hit 14421.30 on the lower side and hit 15044.35 on the upper side this week and ended at 14617.55
For the last two weeks, we have liquidated all our positions as suggested by the algorithm and for the next week, we will be sitting on cash. Model 1 and 2 have underperformed the index this week. Model 1 and 2 have underperformed the Index by 2.02% and 2.02% respectively.
Our Nifty Index Long-Short strategy has gained some ground this week after a long time and up 6.88% this week. A year to date (From 1st Jan 2021) return turns negative 2.32% compared to the 4.64% return of the Index.
This week Nifty is up by 2.02%.
The broader market has entered a downtrend at the end of the week. We will have a cash position in our Model 1 & 2 portfolios until 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 35%.
Model 1 & 2 have almost double the starting capital in 9 months.
The Nifty long-Short strategy is up around 70% and 130% 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 Short.
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