KSWS ==> Merry Christmas Winner!

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  • mrmarket
    Administrator
    • Sep 2003
    • 5971

    #16
    Originally posted by casinoboy3
    Hey, thanks for the response.
    I must be doing something wrong though:
    I get this: (27.56/23.845)^(365/20) =14.04735
    try this:

    (27.56 - 23.845) / (23.845) x 365/20 = ??
    =============================

    I am HUGE! Bring me your finest meats and cheeses.

    - $$$MR. MARKET$$$

    Comment

    • Karel
      Administrator
      • Sep 2003
      • 2199

      #17
      Rather! The weak Dollar (or strong Euro) gets the return down to 40% over 2003.

      Now you need to know that I made my first US investments when the $$$ was at its peak. That difference is some 50%. Withe the bear and the Euro together, I still haven't quite caught up. But I am still

      Regards,

      Karel
      My Investopedia portfolio
      (You need to have a (free) Investopedia or Facebook login, sorry!)

      Comment

      • Karel
        Administrator
        • Sep 2003
        • 2199

        #18
        Originally posted by mrmarket
        Originally posted by casinoboy3
        Hey, thanks for the response.
        I must be doing something wrong though:
        I get this: (27.56/23.845)^(365/20) =14.04735
        try this:

        (27.56 - 23.845) / (23.845) x 365/20 = ??
        Hi casinoboy! Sorry, I left something out! MrMarket's calculation is a proxy and usually good enough, but probably not with excessive returns. Your result is OK. It means that your money would get multiplied by 14, if KSWS could keep up this tempo over one year. (You better not believe that.) Your annualized return therefore is 1300%.

        Regards,

        Karel
        My Investopedia portfolio
        (You need to have a (free) Investopedia or Facebook login, sorry!)

        Comment

        • casinoboy3

          #19
          [/quote]try this:

          (27.56 - 23.845) / (23.845) x 365/20 = ??[quote]

          Thanks, thats 284%! You are HUGE!!!!!!
          CCBI looking great, and URBN could reach your target tomorrow!!!
          I will start cooking your meats and gather only the finest cheeses.

          Comment

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