3x Portfolio Armor’s potential return estimates

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iPhone Cases sale Fabrinet (FN) was added in a fine tuning step to absorb leftover cash from rounding down to round lots of the first four names.The worst case scenario for this portfolio was a decline of 9.13% (the “Max Drawdown”), and the best case scenario was a gain of 20.54% (the “Net Potential Return” or aggregate potential return net of hedging cost). The “Expected Return” of 7.11% was a ballpark estimate taking into account that actual returns, historically, have averaged 0.3x Portfolio Armor’s potential return estimates.Portfolio 1 Performance Here’s how the portfolio performed, net of hedging and trading costs, and assuming the hedges were opened at the worst ends of their respective spreads.This portfolio returned 5.54%, which underperformed its potential return of 7.11%, and underperformed the SPDR S 500 ETF (SPY) return of 5.13%.Portfolio 2 This was the aggressive, $1,000,000 portfolio presented here initially. This portfolio had Alibaba (BABA), Cognex, IAC/Interactive (IAC), ICON (ICLR), Nvidia, and Square as primary securities, and then Google (GOOG) to absorb cash leftover from the process of rounding down to round lots of the primary securities.The worst case scenario for this one was a decline of 18.68%, the best case scenario was a gain of 24.59%, and the ballpark estimate of an expected return was 8.57%.Portfolio 2 Performance Here’s the performance chart for Portfolio 2:This portfolio returned 9.68%, which outperformed its expected return of 8.57%, and of course outperformed SPY.Portfolio 3 This was the top names portfolio originally presented here, along with a list of top 10 names.This one finished up 9.43%, outperforming its potential return of 7.63% and SPY.You can see an interactive version of the chart above here.Hedged Portfolio Performance Roundup You can bookmark this page if you want to see updated hedged portfolio performance in one place iPhone Cases sale.

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