The results of the Model Portfolios for the first quarter, 2005 (4 April 2005)


By Geir Linløkken, Head of Research

Investtech's Model Portfolios rose in the first quarter with, on average, 8.1 percentage points in relation to the reference index. In particular, the portfolios in Sweden, Denmark and USA showed excellent results, with excess returns of respectively 12.7, 11.3 and 15.2 percentage points.

Stockholm +12.7% +12.7%
Helsinki +6.2% +6.2%
Amsterdam +2.0% +2.0%
Copenhagen +11.3% +11.3%
Oslo +3.2% +3.2%
London +7.0% +7.0%
Frankfurt/CDAX +7.5% +7.5%
Nasdaq +15.2% +15.2%
Average +8.1% +8.1%
*Excess returns for the portfolio in this quarter, before commission, in relation to the reference index. These are calculated as percentage point excess returns so far this year, minus excess returns for the previous period.

The good result for the last quarter is due to a number of stocks, which were included based on buy signals, meeting expectations, in addition to stocks with long term increasing trends continuing upward, and support levels holding. For the duration of this period, emphasis has been placed on the shares in the portfolio reflecting the market’s composition, and the risks for the portfolio being of the same degree as those for the market. Having taken this into account, the results are considered to be extremely good.

The strategy use previously is still considered to be good.

  • Stock picking, however, try not to deviate too far from the index, especially when the index is negative or neutral.
  • Buy stocks in increasing trends for medium-long/long term, or at a confirmed break in a formation, or break through resistance.
  • Use caution when buying at support within falling markets. Sell at resistance within falling markets. Use caution when selling at resistance within rising markets. Buy at support within rising markets.
  • Let the profits run, but cut losses quickly.
 


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

Titlex

OK
+

Cookie consent

We use cookies to give you a better user experience. If you continue to use the website, you accept this. For further details click here.

Our use of cookies

When you use our website, we store a cookie on your device. The cookie is used to recognize your device so that your settings work when you use our websites. The information that is stored is completely anonymised. Cookies are automatically deleted after a certain time.

Necessary cookies

Investtech uses cookies to ensure basic functions such as page navigation and language selection. Without such cookies, the website does not function as it should. You cannot therefore make a reservation against these. If you still want to disable such cookies you can do so in your browser settings. In the Cookies section add this website to the list of sites which are not allowed to save cookies on your device.

Cookies from Google

We use services from Google Analytics and Google AdWords. These register cookies on your device when you visit our website. Google registers your IP address in order to keep statistics on user activity on the website. The IP address is anonymised, so that we have no opportunity to link the activities to a specific person. We use these statistics to be able to offer more interesting content on the website and to constantly improve ourselves. Google AdWords collects data so that our advertising on other websites gives better results. We cannot trace the data of individuals.

Allow cookies from Google