Personal Track Record
This is not an investment model
- It is a record of a member’s personal broker account as reported to Covestor
- It cannot be mirrored
Feb 01, 2012
Vishal Patel - View Profile
Personal Track Record
| Inception date | March 11, 2008 |
| Long/Short | Long and Short |
| Cap bias | No specific |
| Holding Period | Short term |
Performance and Risk
Performance Summary (as at end of February 08, 2012)
| Inception March 11, 2008 | Member | Nasdaq Composite |
|---|---|---|
| Month to date (%) | 9.71 | 8.01 |
| 3 month (%) | 2.88 | 4.82 |
| 1 year (%) | -8.33 | 4.21 |
| Annualized since inception (%) | 10.07 | 3.93 |
| Since inception (%) | 45.32 | n/a |
| Sharpe (annualized) | 0.36 | 0.15 |
| % of positive months | 51.06 | 54.05 |
Past performance is not indicative of future performance
Commentary - Latest Posts
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WFR: Playing the Polysilicon Bubble April 14, 2008
The latest Forbes article profiles the rise of MEMC Electronics, a company which I held from early 2006 to early 2007 earning a triple digit return within that time. The rise was due mainly due to the surprise turnaround of its business in 2005-2006. Originally under Monsanto’s umbrella, WFR was spun off in 1959, then later bought by German utility E. ON and then sold in 2000 to TPG, a private equity house. The firm, who has owned or invested in Burger King, Ducati, J. Crew, and MGM, made......
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SGP: Nearterm Oversold Hunch April 14, 2008
The recent rally with SGP was fairly inevitable given that the company needed to address to its shareholders as well as prospective ones about its next move -- ya know, the one that would ultimately decide the fate of this company that unfortunately put all of its eggs in one basket. They're proactive and committed to restructuring and while that wasn't anything less than expected, it was perfect time for long-run value investors to get in. Whether the stock continues to find buying support is......
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Big One Day Gains/Losses: Effing Useless April 03, 2008
I realize this is a few days late but I still find it compelling to note just how useless these big one day gains on the broader market indices have been. And honestly, that's not surprisingly!
You don't have to know anything to know that we're not exactly in a bull market here and even though bear markets are characterized by recessions, we could even be in one of those. Turns out, these big one day gains might support the latter conclusion.
Large price swings are typical of bearish times,......
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The Buckle: Finding the Perfect Niche March 11, 2008
It's no surprise to anyone but retail isn't exactly any institution's darling sector right now. From a momentum perspective, the sector has correlated to some degree with financials, technology, and other lowlifes of the bear market. There seems to be a small playable niche in the retail market for hip multi-brand retailers like Pac-Sun, Urban Outfitters, and Buckle. While Pac-Sun has been battered YTD, URBN and BKE are shining thanks to some of the best SSS and EPS surprises in the sector.
And......
- Industry Financial Services
- Expertise 1-5 years
- Country United States
- State Pennsylvania
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- Past performance is no guarantee of future results.
- Performance of a Personal Track Record is calculated by Covestor on a daily time-weighted basis of equity positions in the account provided by the member. It is exclusive of any commissions, fees, dividends, earnings distributions, and cash in the portfolio.
- Month to Date returns and Since Inception returns are revised daily. All other returns (month, 3 month, year to date, et al) are calculated as of the most recent month end date.
- All graph data is as of the end of day for the referenced period, unless otherwise specified.
- 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
- All Personal Track Record information including personal data, profiles, strategies, commentary, and historical results outside of Covestor has been provided by the Member. Covestor makes no representation or warranty of its accuracy, completeness or relevance and it does not represent the opinions of Covestor.