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yuvaltaylor
New benchmarks and hedges added

We've added the following benchmarks to screens, simulations (including hedges), ranking systems, and aggregate series:

S&P Small Cap (IJR)
S&P Mid Cap (IJH)
NASDAQ 100 3X Long (TQQQ)
NASDAQ 100 3X Short (SQQQ)

We've also added a volatility index (VXX) to simulation hedges.

For Manage strategies and accounts, we've added the following benchmarks:

NASDAQ 100 (QQQ)
USA All Stocks (VTI)
Russell 1000 (IWB)
Russell 2000 (IWM)
Russell 3000 (IWV)
USA Microcaps (IWC)
Dow Jones Industrial Average (DIA)

Yuval Taylor
Product Manager, Portfolio123
invest(igations)
Any opinions or recommendations in this message are not opinions or recommendations of Portfolio123 Securities LLC.

Apr 30, 2021 8:04:54 AM       
Edit 1 times, last edit by yuvaltaylor at Apr 30, 2021 8:06:16 AM
geov
Re: New benchmarks and hedges added

Thank you for expanding the range of benchmarks.
It would have been nice to have Gold (GLD) included which I requested a while ago.

Apr 30, 2021 8:12:26 AM       
Jrinne
Re: New benchmarks and hedges added

Thank you Yuval

"From time to time you will encounter Luddites, who are beyond redemption." --de Prado, Marcos López

Apr 30, 2021 10:17:03 AM       
Edit 6 times, last edit by Jrinne at Apr 30, 2021 10:58:58 AM
geov
Re: New benchmarks and hedges added

Yuval, Why was NASDAQ 100 3X Long and Short added as benchmarks?

Also they have only been available since Feb-2010. So for a sim that begins 1999 all the performance stats and risk measurements relative to the benchmark are wrong.

May 2, 2021 11:24:34 AM       
InspectorSector
Re: New benchmarks and hedges added

For hedging, I was hoping you would add Nasdaq100 x1 Short ETF. x3 ETFs are not useful to me.

May 2, 2021 1:31:13 PM       
geov
Re: New benchmarks and hedges added

For hedging, I was hoping you would add Nasdaq100 x1 Short ETF. x3 ETFs are not useful to me.

Steve, I agree. I can't think of a strategy that one would want to compare to TQQQ or SQQQ?
I would rather have seen GLD as a new BM.

May 2, 2021 3:49:48 PM       
calif2
Re: New benchmarks and hedges added

Hedging is not available for ETF strategies.

This is the message when trying to run at ETF sim... How do I employ TQQQ for example

I want to be long TQQQ and short (SQQQ) during the 'exposure list'

May 2, 2021 5:41:35 PM       
Edit 1 times, last edit by calif2 at May 2, 2021 5:44:02 PM
Chipper6
Re: New benchmarks and hedges added

Thanks. What's the ETA on the equal weight benchmarks?

May 3, 2021 1:35:35 PM       
sglinski
Re: New benchmarks and hedges added

Would it be possible to allow custom series to be chosen as the benchmark in a sim? How difficult to implement? Then a series for GLD would suffice as a benchmark, for instance..

May 5, 2021 10:22:28 AM