New York (HedgeCo.net) – While the financial world was in chaos last week with the possibility of a Greek government default sending stock indices around the world in to a slide, the composite models on the HedgeCoVest platform performed admirably.

The composite models use the same technology that allows the platform to replicate the trades of the managers, but it compiles all of the trades and then sorts them. The trades can be sorted by sector, percentage allocated, etc. This allows us to build a composite model based on the highest conviction trades.

In all there are 15 composite models with five long-only models, five long/short models and five short-only models. The composite models represent seven different sectors and there are overall or index models.

On Monday, when many of the world indices were experiencing losses of two percent or more, we are proud to say that ten of the 15 composite models matched or outperformed the overall market and seven of the 15 gained ground on the day.

Rick Pendergraft
Research Analyst
HedgeCoVest