Timothy Sykes Profile Picture Individual Investor

Timothy Sykes

CEO, Investimonials,Publishing

  • Education Tulane University
  • Qualifications BA Philosophy
  • Investment Experience 10+ years

Contra Hype

Small cap stocks (where low volumes of the stock are available) are susceptible to unusual short term price movements, resulting from media hype or investor exuberance. By screening for tell tale chart patterns, the model identifies these price movements that have no fundamental basis, and takes a position into or against them. Short term contrarian model looking for unsubstantiated movement in low cap stocks.
Looks for situations with unusual momentum, often a result of promotion, manipulation or unnatural exuberance uncorrelated to any fundamental cause. These situations are found in low cap stocks with a market capitalisation of $50m to $500m.
Maintains active monitoring of numerous blogs, bulletin boards, email activity and news to identify opportunities and monitors trading volume. May consider 10 to 20 opportunities per day but target stock must have both liquidity volume to participate and shorting availability.
Purchases the stock if the opportunity is identified early in the cycle and shorts the stock at the end of the cycle. Rarely exposes a significant portion of capital to a single position and rarely more than 1 or 2 different stocks per day, and will remain in cash while waiting for appropriate opportunities.
Targets 10-20% return in individual situations. However usually closes on time basis or momentum indicators not P&L target. Rarely holds a position for more than a few days and uses stop loss orders as a tool to limit losses.
None.

Risk rating

5
13.5%

Best 30 days

-10.0%

Worst 30 days

Performance

  • -3.3%
    30 day
  • 36.2%
    365 days
  • 128.4%
    Since Inception
    April 22, 2009
Monthly vs S&P500
Sparkbar Graph, Contra Hype Investment Model Performance versus S&P500
46.1%

Last 12 months

  • $5,000.00 subscription min
  • Margin account required
  • 1.5% fee

Replicability

0.0%
0.0%
100.0%
100.0%
  • Non-replicable
  • Holdings
  • Cash
  • Replicable

Top 5 Holdings View all

Model commentary

  1. Don't ever stray from your market strategy - Tim Sykes

    29 June 2011

  2. Tim Sykes' latest short: A coffee distributor … 30 May 2011

show more


Performance detail

  • Manager
  • Russell MicroCap TR
  • S&P 500
30D 90D 365D SI

Performance

Inception April 22, 2009
as of February 08, 2012 Manager Russell MicroCap TR S&P 500 Average Subscriber
Past 30 days -3.3% 11.6% 5.4% 0.1%
Past 90 days 16.9% 17.2% 8.9% 2.9%
Past 365 days 36.2% 0.4% 1.9% -1.7%
Since Inception (Annualized) 34.3% 22.9% 18.3% -
2012 (YTD) -0.8% 13.9% 7.3% 0.6%
2011 56.8% -9.3% -0.0% -1.9%
2010 12.6% 28.9% 12.8% -3.4%

Risk Metrics

Last 365 Days
as of February 08, 2012 Manager Russell MicroCap TR S&P 500
Best 30 days 13.5% 19.1% 13.6%
Worst 30 days -4.1% -22.3% -16.7%
Volatility 10.5% 32.1% 23.2%
Sharpe Ratio 3.45 0.01 0.08
Sortino Ratio 4.22 0.01 0.10
Maximum Drawdown -6.1% -30.6% -19.4%
Value-at-risk (95%, 1 week) -2.4% -7.4% -5.4%
vs. Russell MicroCap TR vs. S&P 500
Information Ratio 1.05 1.35
Alpha 31.5% 31.4%
Beta -0.01 -0.00
R-Squared 0.00 0.00

Latest transactions view all

Average trades per month 22.5
Executed Symbol Security Replicable Type Price
02/08/12 SANW S&W SEED CO   Sell $5.68
02/08/12 SANW S&W SEED CO   Sell $5.72
02/08/12 SANW S&W SEED CO   Sell $5.57
02/08/12 SANW S&W SEED CO   Sell $5.50
02/08/12 SANW S&W SEED CO   Sell $5.41
02/08/12 SANW S&W SEED CO   Sell $5.56
02/08/12 SANW S&W SEED CO   Buy $5.17
02/08/12 SANW S&W SEED CO   Buy $5.10
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  • $5,000.00 subscription min
  • Margin account required
  • 1.5% fee

Important Information

1. Past performance is no guarantee of future results.

2. Performance of the model manager's account is calculated by Covestor on a daily time-weighted basis, including cash, dividends and earnings distributions, and broker commissions. Manager returns include trades that fail Covestor's trading rules, do not reflect any Covestor suitability or risk score restrictions and are exclusive of Covestor fees. More

3. Average subscription returns ("Avg Sub" or "Avg Client") are calculated by Covestor and are composed of the average, daily, time weighted returns of all active subscriptions to the underlying model. These daily average returns are then linked together for the timeframe requested. In addition, these returns include cash, dividends and earnings distributions, brokerage commissions, Covestor advisory fees, and reflect individual client suitability and risk score restrictions. More

4. All graph data is as of the end of day for the referenced period, unless otherwise specified. The subscription minimum is the minimum subscription required to follow a particular model. The minimum amount is determined by Covestor, based on the characteristics of the underlying model. It should not be considered as specific investment advice for your investment situation.

5. Benchmark returns have been calculated by Covestor using a time-weighted calculation of daily index valuations and do not include cash, dividends and earnings distributions, or transaction costs. More

6. Leverage indicates the level of margin utilized and is calculated by dividing gross exposure by portfolio net liquidation value.

7. All Model Manager information including personal data, profiles, strategies, monthly investment reports, and historical results outside of Covestor has been provided by the Model Manager. Covestor makes no representation or warranty of its accuracy, completeness or relevance and it does not represent the opinions of Covestor. Transaction history is available upon request. Model classifications (Approach, Asset Class) are provided by Covestor, and are intended to serve as a general guide.

8. Top Replicable Holdings: These securities are currently held in the model manager's brokerage account. Those marked as "Replicable Holdings" currently pass Covestor's trading rules, subject to individual client constraints. Eligibility for replication may change over time. Actual client subscription holdings may vary.

9. Latest Transactions: These transactions were executed in the model manager's brokerage account. Those marked as "Replicable" () passed Covestor's trading rules and were eligible for replication at the time of execution, subject to individual client constraints. Eligibility for replication may change over time. Actual client subscription trade activity may vary.

10. S&P 500 Index is an unmanaged index compiled by Standard & Poor´s Corp. Index returns do not reflect any management fees, transaction costs or expenses. Individuals cannot invest directly in an Index. S&P 500 index data: S&P 500 Copyright © 2012.

11. Dow Jones index data: CME Group Index Services, LLC 2012


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