Fair Isaac Corporation (NYSE: FICO). April. Long. +14.78% On Invested Capital.
Summary
- Investors are very fond of the result.
- I propose to calculate the potential profit for April.
- The forecast were printed on April 04, 2021.
April 05
Long
Volume position 1000 shares.
Position opening: $ 497.00.
$ 497.00 x 1000 shares = $ 497,000. This is the invested capital.
Stop Loss: $ 492.80
April 14
On my strategy at the price of $ 523.00, 50% of the position was closed.
$ 497.00 x 1000 shares = $ 497,000
$ 523.00 x 1000 shares = $ 523,000
$ 523,000 - $ 497,000 = $ 26,000. This is 5.23% on invested capital.
We continue to hold the position.
$ 497.00 x 500 shares = $ 248,500
April 27
Closing position April 05
$ 497.00 x 500 shares = $ 248,500
$ 544.50 x 500 shares = $ 272,250
$ 272,250 - $ 248,500 = $ 23,750. This is 9.55% on invested capital.
Profit for April.
$ 26,000 + $ 23,750 = $ 49,750
5.23% + 9.55% = 14.78%
By the way. The position volume could be increased 2 times. This is for this ticker.
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