Insider Sentiments was started in April 2016, and the first recommendation was on 07 April 2016. Since it has been over twelve months, I thought a review of the performance till date was necessary. The following needs to be remembered:
- While calculating returns, I have assumed that an equal amount of Rs. 5,000 is invested in each of the names. The figure of Rs. 5,000 is notional, and the returns would be the same even if Rs. 100,000 were to be invested equally in all the names.
- I have not accounted for dividends received on the shares purchased. If that were to be accounted for, returns from the Insider Sentiments portfolio would be higher.
- Since there has been a total of fourteen recommendations, the total amount invested is considered as Rs. 70,000
- Table 1 shows the returns from the date of recommendation till date. To illustrate, KANSAINER was recommended @ Rs. 281.90. Hence the quantity purchased is shown as Rs. 5000 / 281.90 which is 17.74 shares. Similarly for all the other recommendations shown in Table 1
- Table 2 lists the returns for the year 2017. In this case, the assumption is that sums of money are invested at the closing prices of the stocks as on 31 December 2016. For example, since KANSAINER closed at 319.25 on 31 December 2016. It has been assumed that Rs. 5000 / 319,25 which is 15.66 shares were purchased at that price. Similarly for the other stocks.
Please do revert in case you require further clarifications.
Table 1 – From Inception
Table 2 – From 01 January 2017
