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PatternDNA Long & Short Update from March 25th 0 comments
Apr 1, 2011 11:15 AM
| about stocks: PAET, CDR, TGT, LCC
Last week's ten stocks came from Kapitall and featured downtrending stocks with low cash to operating expenses. Last week's best-of-the-bunch, PAETEC Holding Corp (PAET), was the second best performer on the week finishing 3.1% higher. Best of the bunch was Cedar Shopping Centers (CDR) at +3.8%.
The two stocks with a bearish projection:Target Corp (TGT) and U.S. Airways (LCC) had a more mixed week. The former closed the week down -1.1%, the latter finished slightly higher at +0.2%. Not a great return, but at least offering some consensus to projections.
In total, PatternDNA got 63% of projections correct and performed well given the net Return across the 10 stocks was quite low. The worst performing stock finished down -3.1% while the best was up +3.8%. In the prior week, the worst performing stock lost -25.1% and the best performing stock finished up 15.2%!
The overall projection (from the 10 stocks) for 1-, 2- and 5-day Performance was a coin toss - so nothing to add in this respect.
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PatternDNA Long & Short Update from March 25th 0 comments
Last week's ten stocks came from Kapitall and featured downtrending stocks with low cash to operating expenses. Last week's best-of-the-bunch, PAETEC Holding Corp (PAET), was the second best performer on the week finishing 3.1% higher. Best of the bunch was Cedar Shopping Centers (CDR) at +3.8%.
The two stocks with a bearish projection:Target Corp (TGT) and U.S. Airways (LCC) had a more mixed week. The former closed the week down -1.1%, the latter finished slightly higher at +0.2%. Not a great return, but at least offering some consensus to projections.
In total, PatternDNA got 63% of projections correct and performed well given the net Return across the 10 stocks was quite low. The worst performing stock finished down -3.1% while the best was up +3.8%. In the prior week, the worst performing stock lost -25.1% and the best performing stock finished up 15.2%!
The overall projection (from the 10 stocks) for 1-, 2- and 5-day Performance was a coin toss - so nothing to add in this respect.
Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.
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