Stock Track Report

In: Business and Management

Submitted By flapjacks1776
Words 7560
Pages 31
Finance 363 Stocktrak Final Report
Group 10
Cody Norton, Nick Turner, Shane Siel The stocktrak simulation was very informative. It was interesting to watch the markets with something on the line. My group was in the top 3 much of the semester. Right around the end of the simulation we fell out of the top 3 and finished in the 10th position. We could have tried to change our investment strategy in order to chase the top spot, but in the end we stayed true to our objective.
Objective and Strategy
Our objective is one that most would consider boring. I would describe myself as a long-term investor. When I actually begin to invest real money in the stock market, I will invest in sound companies that pay a decent dividend. Although the stocktrak simulation took place over a relatively short period of time, we still invested with a long-term horizon in mind. That long-term horizon will produce smaller short-term gains. Our portfolio was constructed with a buy and hold mentality. We tried to avoid being swayed by our emotions and the short-term fads of investors. It was hard to avoid investing in accordance with the predictions of the markets gurus, but in the end I believe our investments were safer because of it. The buy and hold mentality allows us to overlook negative short-term returns with the understanding that the returns will normalize in the long-term.
We spread our cash out among a variety of investment vehicles. We planned on placing our funds in 15-30 different investments. The diversity of investments allowed us to eliminate some of the idiosyncratic risk of the individual firms. The specific weights we placed on investment types were: 50% in equity, 30% in mutual funds, 5% in ADR’s, 5% in bonds, and the final 10% will be designates as speculation money.
We diversified, not only by investment type, but also by industry. We put…...

Similar Documents

Stock Trek Final Report

...INVESTMENT STRATEGY AND SELECTION: The strategy employed for Stock-Trak was to diversify our portfolio among the sectors and various stocks. The goal was to earn at minimum 3% on the principal, and this was to be obtained by doing technical analysis and looking for stocks that showed future potential for a price increase, or a price decrease in the case of a short sell. We also looked for news from the companies that would positively or negatively impact them. We were more inclined towards trading stocks, and did not invest in other securities such as bonds and mutual funds, since stocks had the potential to offer a higher yield. In order to pick a stock, we looked at financial websites such as Google Finance and Yahoo Finance. We looked at the stocks that were most active in dollar volume for the particular sector, and within these stocks, the plan was to pick stocks that were not too volatile, and having an upward trend. This turned out to be a mistake on our part since we picked some stocks that were too highly priced hoping it would further increase, but instead decreased shortly after we bought it. Also, some of the stocks that we picked turned out to be volatile and dropped considerably thereafter despite our approach to stay away fi-om highly volatile stocks. We also picked stocks from different sectors, and these included technology, energy, basic materials, financials, services, and transportation. ,---- INVESTMENT SUCCESSES: Nokia is an example of a good......

Words: 1800 - Pages: 8

Stock Market Report

...Stock Market Report The first step to building my portfolio was defining my objectives. What exactly did I want to achieve by participating in this game? Keeping in mind that many financial analysts fail to beat the S&P 500, I realized that my chances of beating the market were slim. If “professionals” have difficulty choosing the right stocks, then chances are I will to. In short, I decided that taking a gamble and investing in risky stocks to win the game was probably a futile strategy. The technical reason for why I, or any other person for that matter, cannot beat the markets is that markets are mostly efficient. Much of what I know about a company is probably public information so it is already reflected in that company’s stock price. For example, many people view Apple as a company with much potential for growth. As a result, the demand for its stock is already very great; so great that some say the demand for the company can’t go any higher. If I were to buy Apple, I must find a reason for why the public is undervaluing it; simply saying the iPhone is selling off the charts won’t work since everyone already knows that. With this in mind, I focused on buying stocks that I was familiar with and could at least make a reasonable case as to why they were undervalued. I decided to settle on buying a group of stocks and keeping them until the end of the game. In fact, since I was investing for the long term, I pushed myself to rarely look at my holdings in order to......

Words: 1851 - Pages: 8

On Track

...How to get back on track You don’t know this about me but I was 14 years old and won 2nd place in the regional Chess competition along with 3rd place in the state and 8th place in nationals (that’s 8th in 100 competitors). What I learned (beside that I am awesome) was that everything in life if a chess game and should be treated as such. Along the way I learned project managing and learned that everything in life requires management and a manager for it. So combining those concepts you get that everything in life needs to be managed with grace, foresight, risk and timing. Below is what my Thesis was for my BS called “Playing the Game Called Management” Got an “A” by the way and inducted into the tech honors society. But that’s another story. The Question There are things we need to establish to try to fix things. One was recognizing the causes of which we already mentioned in the email. In chess that’s viewing the board and the player the environment all causes to the end games all potentially harmful and none of it on your side. This is handled in PM by openly set the goals and make sure that they are understood. In chess that is to yourself in PM that is to the group. This would not be to re-write the project by this date. That’s not a goal, that’s a want/need. It means to lay out what are the real goals for each party (to look good, make money, do the job and go home, do a good job, learn etc.). This is kind of dirty but so is detoxing after a bad drug......

Words: 993 - Pages: 4


...Personal Narrative- Track Competition The moment of truth was upon me. The official times, this includes whom qualified for finals, for the 400m relay had been posted. My eyes scanned the page for the bold letters that spell ANDERSON. As I ran my finger across the page to where the times were posted, my ears began to shut out all outside noises, leaving me alone with the thump of my heart and the inhale and exhale of my lungs. Both began to increase in speed as my eyes narrowed in on the time. My sophomore year had begun and I wasn't sure whether or not I was going to do track this year. Last year I played football in the fall and soccer in the spring. Not really enjoying it, the decision was made to play " real futbol" (soccer) in the fall, leaving the spring sports season open. My friend kept telling me how fun track was, so I decided to give it a try. As the first meet neared, things were going well. I made it onto the 4x100 team making me the third fastest kid on the team. The other members of the relay were Jason Schmidt, Jeremy Willard and Rodney Schmidt. Jason and Jeremy were both the top dogs and Rodney and I were second from the bottom of the barrel. The 400 relay was my best event. We placed in every meet and even took home some medals as the season progressed. As the track year rounded for the home stretch, we had only three more meets to compete in: the Tiger Invitational, regionals, and state. As the Tiger rolled around, there arose a......

Words: 1624 - Pages: 7

Stock Trak Report

...Investment Principles and Analysis Trinity University FNCE 3352 Spring 2010 INSTRUCTOR: Carl M. Hubbard, Ph.D., CFA Office: CGC N3l6; phone 999-7283, OFFICE HOURS: 9:30 – 11:30 MW; 2:30 – 4:00 TTh; Other times available by appointment. TEXTBOOK: Zvi Bodie, Alex Kane, and Alan J. Marcus. Essentials of Investments, 7th Edition. New York: McGraw-Hill, 2008. CALCULATOR: Texas Instruments BAII Plus Calculator COURSE OBJECTIVES The learning objectives for students in this course are: (l) improve your understanding of financial securities and markets, (2) develop the ability to analyze investment companies, common stocks, and bonds for investment decisions, (3) understand how options are valued and how option contracts are used in hedging and speculating, (4) understand how to apply security analysis techniques in relatively efficient capital markets, and (5) gain practical experience in trading securities. The prerequisite for this course is the completion of FNCE 3301 with a grade of C- or better. REQUIREMENTS OF THE COURSE 1. Complete the assigned readings and problems. 2. Attend and participate in each class meeting. 3. Complete the security analysis project. 4. Complete the three examinations as scheduled. READING AND PROBLEM ASSIGNMENTS The reading and problem assignments are designed to achieve the goals of the course and are to be completed in......

Words: 1970 - Pages: 8

Report About Constructing Portfolio of Stocks.

...maximizing return for a given risk in case of short sell allowed and not allowed, minimizing risk for a given return in case of short sell allowed and not allowed of 8 securities from a set of 16 securities of 5 sectors selected from the listed companies in Dhaka stock exchange. I have analyzed very sophisticatedly to minimize the risk of the portfolio. PORTFOLIO CONSTRUCTION In simple words, portfolio refers to combination of assets. An investor invests a pool  of different investments  to make a profit while aiming to preserve the invested (principal) amount. These investments are chosen generally on the basis of different risk-reward combinations: from 'low risk, low yield' (gilt edged) to 'high risk, high yield' (junk bonds) ones; or different types of income streams: steady but fixed, or variable but with a potential for growth. I am focusing on a portfolio that is well balanced with moderate level of risk and good return. I am interested to invest in different securities so that my unsystematic risk of the portfolio is diversified I followed the eight steps to construct the portfolio. Step 1: Selecting Companies * The target Set To select the companies I have analyzed all the companies in the Dhaka Stock Exchange based on fundamental & technical analysis. I selected 16 securities from 8 different sectors based on the following criteria- * Fundamental strength of the securities-To understand the fundamental attractiveness, I focused on EPS, PE ratio,......

Words: 3431 - Pages: 14

Fast Track

...objective The candidate will demonstrate the skills and knowledge required to identify change requirements for an organisation. Assessment description Using the scenario information supplied, the candidate will identify strategic change needs, review existing policy, monitor trends in the external environment that impact on organisation’s objectives, identify operational change objectives, prioritise change requirements and consult experts or specialists to assist in identification of change requirements and opportunities. The candidate will then write a report to management outlining the change requirements. Procedure 1. Review the scenario information provided (in the Appendix of this task) for Fast Track Couriers. 2. Prepare to write a report on change requirements for Fast Track by following steps 3–10 below. 3. Analyse the organisational objectives provided in the scenario to identify the change requirements for Fast Track Couriers: a. Identify requirements for change b. prepare an explanation of how your identified change needs link to the organisation’s strategic plan goal/s. 4. Review the organisation’s current state to understand how the current policies, practices and operations deliver against the organisation’s strategic goals. Review the organisation’s performance against objectives with regards to its: a. people b. processes c. technology d. structure. 5. Monitor external trends to identify events or trends......

Words: 1752 - Pages: 8

Stock Report - Netflix

...Stock Report – Netflix Inc. Table of Contents 1. Portfolio including the opening price and the closing price 3 2. Reasons why each stock was selected. Company description, describe sources of revenue. 4 3. The Four Ratios for Netflix Inc. and its competitor, Amazon 5 4. Why did the stock price increase or decrease? Why the market behaved as it did. Attach news releases. Notes from classroom presentations on market moves. 6 5. The final value of each stock (in dollars and price per share), compared to original cost per share. 7 6. Weekly table showing price changes for each stock from date of purchase until end of week 11. Graph of group Portfolio. 8 7. Total return and/or loss of group’s portfolio. 10 8. As a group, what did you learn about selecting stocks for a portfolio? 11 What did you learn about the stock market? 11 What did you learn about your stock/company? 11 1. Portfolio including the opening price and the closing price Opening Price Closing Price 2. Reasons why each stock was selected. Company description, describe sources of revenue. The reason why I choose Netflix’s stock to invest in is because personally, I was interested in the company and the industry. With the boom of the internet over the last decade, people are now choosing to cut their cable and switch to streaming and downloading services instead. Firstly, it’s a cheaper alternative to cable which costs $65/month on average, a rate that’s been increasing since......

Words: 2178 - Pages: 9


....skill in applying, financial accounting, abusive transactions, knowledge of corporate financial transactions and auditing techniques on business income tax returns.  Relevant experience would include that which demonstrated the ability to audit a business return with significant assets” ( 1). Experience: Employees will need to be obtain their CPA through a written state examination. Agents must have served as a GS-0512 and GS-11 and have held both positions for 1 year each. Agents must demonstrate skills in applying auditing techniques. Agents will be required to undergo background checks to determine trustworthiness. Daily Duties: The daily responsibilities of an IRS agent is centered around auditing tax reports for businesses. Mrs. Angela Overstreet, a small business IRS agent, explains, “records that are provided to me and comparing them to the tax return to determine if the Taxpayer followed the tax laws.” Duties can be performed at the IRS office, taxpayer’s office, or representative’s office. Investigate most complex returns by corporations that are highly diversified Analyze accounting systems, business activities, and financing Apply expert knowledge of, “Internal Revenue Code, rulings, court decisions, and agency policies, regulations, and practices to determine the correct tax liability” Develop personalized procedures to efficiently complete tasks Indicate fraudulent behavior using tax laws Have to provide......

Words: 1140 - Pages: 5


.................................................................................7 What care should one take while investing?......................................................................8 What is meant by Interest?......................................................................................................8 What factors determine interest rates?...............................................................................8 What are various options available for investment?......................................................9 What are various Short-term financial options available for investment?.............9 What are various Long-term financial o ptions available for investment?............10 What is meant by a Stock Exchange?................................................................................11 What is an ‘Equity’/Share?......................................................................................................11 What is a ‘Debt Instrument’?.................................................................................................12 What is a Derivative?................................................................................................................12 What is a Mutual Fund?............................................................................................................12 What is an Index?............................................................................................................

Words: 26421 - Pages: 106

Stock Trak Report

...Stock Trak-Report Investment Analysis I Executive Summary This report will describe examine the various strategies that were undertaken to successfully complete the Stocktrak simulation. Firstly, an analysis of the US and Chinese markets will be given as they are crucial markets that play a big role in the worldwide economy. Due to the fact that the US economy has been going through a recession, a working knowledge of this economic was crucial to our success. Our initial strategy revolved around timing trades based on daily market performance and expectations using daily market news and reports. While this strategy was successful to an extent, our group soon focused on diversifying our portfolio, not just through the quantity of equity held, but also by using correlations between firms. Our group began investing in many technology firms as well as some communications firms and futures. An industry analysis of these industries will be given as most of our stocks were held in these areas. Since there are technological advances almost daily, we felt the technology industry could be very promising. The automotive industry was also important due to Toyota’s recall and we quickly learned just how volatile the futures market could be. Portfolio statistics will also be given and a comparison of the NASDAQ Composite Index and our portfolio will be given. In the end, our final strategy consisted of diversifying our portfolio, using daily market news and expectations and by......

Words: 2692 - Pages: 11

Jads Stock Market Report

...made significant returns on investment. There were some stocks trades which resulted in high gains whilst there were others which incurred losses from the moment of purchase until they were sold. The group noticed that the trading environment relied heavily on both internal and external news surrounding the companies which traded on the stock market and as a result, constant monitoring of the financial news was required to keep adequately abreast in an effort to facilitate financial decisions in a timely manner. JADSjanella: * Best stock bought: Hewlett Packard(HPQ),although the stock price has been decreased from $27.94 to $25.39 this has been due to the fact that most of the leaders in the sector gave up their gains for the thanksgiving holiday. * Worst stock bought: The worst stock was Texas Instrument (TXN), because it fluctuates frequently as a result it had to be monitored frequently. The stock fell drastically over the past few weeks when compared to the price it was about one month ago. What I have learnt overall: 1. to make money on the stock market you have to monitor the market regularly 2. read the financial news so that you will have an idea of which stock would fall or rise 3. when going to purchase a stock look at the graph so that you will have an indication of the performance of the stock in the past 4. with the sell short method you made a lot of money JADSandrine: Stocks were mainly purchased in the energy and......

Words: 2254 - Pages: 10

Azo Stock Track

...Bill Rhodes, 42, is Chairman, President and Chief Executive Officer of AutoZone, Inc. Mr. Rhodes was named Chairman of AutoZone on June 6, 2007. While the economy and stock markets struggle to find their footing, some companies keep breezing along without interruption. AutoZone, Inc. is a specialty retailer of automotive parts and accessories. Its stores provide various products for use in cars, sport utility vehicles, vans, and light trucks, such as new and remanufactured automotive hard parts, maintenance items, and accessories and non-automotive products. AutoZone has topped quarterly EPS views by at least 11 cents each of the past seven quarters. It has grown quarterly profit by at least 21% over the same time span. Sales growth has not been as robust, though AutoZone has managed to log double-digit sales gains in four of the past five quarters Analysts surveyed by Thomson Reuters expect AutoZone to report earnings of $6.97 a share for its fiscal Q4, which ended in July. That would be an increase of 23% from the prior year. Sales should come in at $2.61 billion, a 7% gain. Like other chains, AutoZone has benefited from several trends. That includes the rising number of cash-strapped consumers who try to save money by working on cars themselves. As more consumers put off buying new cars, more vehicles with expired warranties are on the road. This forces consumers to either pay for repairs at commercial shops or do the work themselves. AutoZone's rivals include......

Words: 746 - Pages: 3

Stock Investment Report for Mcd

...STOCK INVESTMENT REPORT Prepared by: A. Smith Date: 07/04/2011 Industry Overview McDonalds Corporation (NYSE : MCD) is an American industry that is undoubtedly the world's leading fast-food service organization. Since its incorporation in 1955, McDonald's Corporation has spanned its services over 119 countries in 6 continents. About 80% of the restaurants are run by franchisees or through joint ventures with local business-people. The popular chain is well known for its Big Macs, Quarter Pounders, and Chicken McNuggets as well as more recent additions in response to changing customer palates - salads, wraps and smoothies. Helped by these new menu offers and the Mc Café line-up, the company, as of March 31, 2011, posted revenues that were 2% higher than the last quarter. According to Thomson Reuters, McDonald's reported sales rose to $6.21 billion from $5.97 billion in 2010. That’s an increase of (6.21/5.97) – 1 = 76% in revenue – that’s how fast the company’s expanding! Analyzing Industry Strengths and Weaknesses As investors (current or future), this will help us identify trends in order to gauge revenue growth over time. Other tools that help develop information about the past so that it can be used to get a handle on the future are financial ratios. Financial ratios are a valuable and easy way to interpret the numbers found in statements. It can help to answer critical questions such as whether the business is carrying excess debt or inventory, whether...

Words: 2638 - Pages: 11

Stock Trak Investment Report

...Stock Trak Investment Report [Portfolio Investment Analysis] Portfolio management is an important factor that determines the performance of the portfolio. To perform well in the portfolio, it is not only essential to develop personal investment strategies, but analyzing current financial trend is also vital. Stock Trak is an online portfolio simulation that allows students to try out different investment strategies, and also get a hand on experience in what the real market trading conditions are. By managing the portfolio, I have acquired some new knowledge of investment strategies and also become more familiar with the current market by following closely to the financial headlines. My portfolio composed of only a few specific stocks of some large information technology companies. The main compositions are Apple Inc., Google Inc., and International Business Machines Corp (IBM). By investing different stocks in the same industry, it comes to my attention that even though they are in the similar category, the life cycles of these stocks are still very different. It is interesting to compare and analyze the different progress of those companies, and also to see how different factors affecting the performance of a specific stock and the portfolio as a whole. [Portfolio Performance Analysis] My overall return is 7.92%, which is about average and is a little over performed comparing to the S&P 500 average of 7.71% during the same period of time. Analyzing the historical......

Words: 1343 - Pages: 6