{"id":48259,"date":"2015-05-14T09:47:27","date_gmt":"2015-05-14T13:47:27","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=48259"},"modified":"2015-05-14T09:47:27","modified_gmt":"2015-05-14T13:47:27","slug":"despite-whipsaw-market-models-continue-to-outperform","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2015\/despite-whipsaw-market-models-continue-to-outperform.html","title":{"rendered":"Despite Whipsaw Market, Models Continue to Outperform"},"content":{"rendered":"<p>New York (HedgeCo.Net) \u2013 Stocks had a strange week last week with big down days on Tuesday and Wednesday, but then the losses were erased on Thursday and Friday. Part of the reason for the whipsaw move was due to the mixed results from various economic reports. Wednesday\u2019s ADP Employment Change report came in short of expectations and below the downwardly adjusted numbers from March. That certainly got everyone\u2019s attention and probably made investors fear the worst for the impending Employment Report from the Bureau of Labor and Statistics.<\/p>\n<p>When the BLS report came in ahead of expectations on Friday, it set the market up for a big bounce. The final tally for the week showed the S&amp;P logging a gain of 0.37% and that put the year to day gain at 2.9%.<\/p>\n<p>With the whipsaw in the middle of the week, the <a href=\"https:\/\/www.hedgecovest.com\/search\/all\">HedgeCoVest models<\/a> did lag the overall market on the week, but they continue to outpace on the YTD performance.<\/p>\n<style type=\"text\/css\">\n.tg  {border-collapse:collapse;border-spacing:0;border-color:#ccc;}\n.tg td{font-family:Arial, sans-serif;font-size:14px;padding:10px 5px;border-style:solid;border-width:1px;overflow:hidden;word-break:normal;border-color:#ccc;color:#333;background-color:#fff;}\n.tg th{font-family:Arial, sans-serif;font-size:14px;font-weight:normal;padding:10px 5px;border-style:solid;border-width:1px;overflow:hidden;word-break:normal;border-color:#ccc;color:#333;background-color:#f0f0f0;}\n<\/style>\n<table class=\"tg\">\n<tbody>\n<tr>\n<th class=\"tg-031e\">Portfolio<\/th>\n<th class=\"tg-031e\">Return Week of 5\/4\/15-5\/8\/15<\/th>\n<th class=\"tg-031e\">Year To Date Return<\/th>\n<\/tr>\n<tr>\n<td class=\"tg-031e\">Top 5 HedgeCoVest Models<\/td>\n<td class=\"tg-031e\">0.34%<\/td>\n<td class=\"tg-031e\">6.59%<\/td>\n<\/tr>\n<tr>\n<td class=\"tg-031e\">Top 10 HedgeCoVest Models<\/td>\n<td class=\"tg-031e\">-0.13%<\/td>\n<td class=\"tg-031e\">3.76%<\/td>\n<\/tr>\n<tr>\n<td class=\"tg-031e\">All HedgeCoVest Models<\/td>\n<td class=\"tg-031e\">-0.36%<\/td>\n<td class=\"tg-031e\">3.07%<\/td>\n<\/tr>\n<tr>\n<td class=\"tg-031e\">S&#038;P 500<\/td>\n<td class=\"tg-031e\">0.37%<\/td>\n<td class=\"tg-031e\">2.79%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Looking at the numbers, the mock portfolio invested in the top five models was up 0.34% on the week and is now up 6.59% YTD. The portfolio distributed equally among the top 10 portfolios was down slightly last week, but remains ahead of the overall market with a 3.76% gain YTD. The portfolio invested equally among all models lost 0.36% last week, but despite the down week, the portfolio is still up 3.07% on the year.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2015\/05\/31.jpg\" alt=\"3\" width=\"978\" height=\"660\" class=\"aligncenter size-full wp-image-48260\" srcset=\"https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2015\/05\/31.jpg 978w, https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2015\/05\/31-300x202.jpg 300w\" sizes=\"auto, (max-width: 978px) 100vw, 978px\" \/><\/p>\n<p><sub>*The information contained herein does not suggest or imply and should not be construed, in any manner, a guarantee of future performance and\/or investment advice. Past performance does not guarantee future results. Returns are historical and based on data believed to be accurate and reliable. This comparison is using mock portfolios of the top five performing models, the top ten performing models and all models on the HedgeCoVest platform. For a complete list of all models and their performance, please visit the <a href=\"https:\/\/www.hedgecovest.com\/search\/all\/models\" target=\"_blank\">platform<\/a>.<sub><\/p>\n<p>The <a href=\"https:\/\/www.hedgecovest.com\/search\/all\/composites\" target=\"_blank\">HedgeCoVest composite models<\/a> showed similar results to the single strategy models with each group of models losing a little ground last week.<\/p>\n<table class=\"tg\">\n<tbody>\n<tr>\n<th class=\"tg-031e\">Portfolio<\/th>\n<th class=\"tg-031e\">Return Week of 5\/4\/15-5\/8\/15<\/th>\n<th class=\"tg-031e\">Year To Date Return<\/th>\n<\/tr>\n<tr>\n<td class=\"tg-031e\">HedgeCoVest Composite Long-Only Models<\/td>\n<td class=\"tg-031e\">-0.58%<\/td>\n<td class=\"tg-031e\">7.19%<\/td>\n<\/tr>\n<tr>\n<td class=\"tg-031e\">HedgeCoVest Composite Long\/Short Models<\/td>\n<td class=\"tg-031e\">-0.26%<\/td>\n<td class=\"tg-031e\">3.39%<\/td>\n<\/tr>\n<tr>\n<td class=\"tg-031e\">HedgeCoVest Composite Short-Only Models<\/td>\n<td class=\"tg-031e\">-0.69%<\/td>\n<td class=\"tg-031e\">-3.26%<\/td>\n<\/tr>\n<tr>\n<td class=\"tg-031e\">S&#038;P 500<\/td>\n<td class=\"tg-031e\">0.37%<\/td>\n<td class=\"tg-031e\">2.79%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Even with the slight losses, the long-only models are still up 7.19% on the year and the long\/short models are up 3.39% YTD. For the year, the short-only models are down 3.26% as a whole.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2015\/05\/4.jpg\" alt=\"4\" width=\"978\" height=\"660\" class=\"aligncenter size-full wp-image-48261\" srcset=\"https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2015\/05\/4.jpg 978w, https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2015\/05\/4-300x202.jpg 300w\" sizes=\"auto, (max-width: 978px) 100vw, 978px\" \/><\/p>\n<p><sub>*The information contained herein does not suggest or imply and should not be construed, in any manner, a guarantee of future performance and\/or investment advice. Past performance does not guarantee future results. Returns are historical and based on data believed to be accurate and reliable. This comparison is using mock portfolios of the top five performing models, the top ten performing models and all models on the HedgeCoVest platform. For a complete list of all models and their performance, please visit the <a href=\"https:\/\/www.hedgecovest.com\/search\/all\/models\" target=\"_blank\">platform<\/a>.<sub><\/p>\n<p>Looking at the individual composite models, the <a href=\"https:\/\/www.hedgecovest.com\/models\/hedgecovest-energy-utilities-ls\" target=\"_blank\">HedgeCoVest Energy and Utilities Long\/Short<\/a> was the top performing composite model on the week with a gain of 0.93%. Interestingly, the second best performing composite model for last week was the <a href=\"https:\/\/www.hedgecovest.com\/models\/hedgecovest-energy-utilities-long\" target=\"_blank\">HedgeCoVest Energy and Utilities Long-Only<\/a> model with a gain of 0.20%. What is interesting about these two models being the top performing models is that both the energy sector and the utilities sector were down as a whole last week.<\/p>\n<p>Rick Pendergraft<br \/>\nResearch Analyst<br \/>\nHedgeCoVest<\/p>\n<div style=\"text-align:center;\"><a  class=\"HCV_button btn btn-success btn-large\" href=\"http:\/\/try.hedgecovest.com\/\">Sign Up!<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.Net) \u2013 Stocks had a strange week last week with big down days on Tuesday and Wednesday, but then the losses were erased on Thursday and Friday. Part of the reason for the whipsaw move was due to [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,16048,4],"tags":[16082,16113,16051,16052,16114,5542],"class_list":["post-48259","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news","category-hedgecovest-news","category-syndicated","tag-composite-models","tag-hedge-fund-models","tag-hedgecovest","tag-investing","tag-investment-advice","tag-models"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/48259","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=48259"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/48259\/revisions"}],"predecessor-version":[{"id":48262,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/48259\/revisions\/48262"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=48259"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=48259"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=48259"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}