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Stock Trading Strategy

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Stock Trading Strategy Powered By Docstoc
					Inputs to simulation

Inputs                             Recent stock prices                         Trading strategy
Initial cash $75,000               3 days ago   $49.86                         Buying: if change is negative
                   500
Initial shares owned               2 days ago   $49.79                            3 days in a row, buy
                                   1 day ago    $49.95                            2 days in a row, buy
Daily growth rate of stock price   Current      $50.00                         Selling: if change is positive
Mean            0.01%                                                             3 days in a row, sell
StDev            2.0%                                                             2 days in a row, sell

Implication for the year (assuming 250 trading days per year)
Mean             2.50% (average annual growth rate of stock price)
StDev           31.62% (standard deviation of annual growth rate)


                                        Enter any new inputs in the blue cells. Then click on the
                                        button below to run the simulation with these inputs.
change is negative
                     25%   of current shares
                     10%   of current shares
change is positive
                     25%   of current shares
                     10%   of current shares
Stock-Trading Simulation

Outputs from one year-long simulation
Ending cash             $80,743.31
                         $5,306.40
Ending value of stock owned
Cumulative gain/loss -$13,950.29
Lowest stock price          $25.93
Highest stock price         $50.00

Simulation
                     Stock price                Trading activity                       Value of stock/cash portfolio
                     Beginning    Change from Beginning Shares Shares          Ending Beginning
               Day   price        previous day shares      sold      purchased shares cash
                           $49.86
                           $49.79        -$0.07
                           $49.95         $0.16
                 1         $50.00         $0.05        500        50         0     450     $75,000.00
                 2         $47.44        -$2.56        450         0         0     450    $77,500.00
                 3         $46.67        -$0.77        450         0        45     495    $77,500.00
                 4         $46.78         $0.11        495         0         0     495    $75,399.85
                 5         $46.92         $0.14        495        50         0     445    $75,399.85
                 6         $47.56         $0.64        445       111         0     334    $77,745.85
                 7         $47.46        -$0.10        334         0         0     334    $83,025.01
                 8         $46.62        -$0.84        334         0        33     367    $83,025.01
                 9         $44.80        -$1.82        367         0        92     459    $81,486.55
                10         $44.75        -$0.05        459         0       115     574    $77,364.95
                11         $43.36        -$1.39        574         0       144     718    $72,218.70
                12         $42.95        -$0.41        718         0       180     898    $65,974.86
                13         $42.53        -$0.42        898         0       225    1123    $58,243.86
                14         $42.15        -$0.38       1123         0       281    1404    $48,674.61
                15         $42.97         $0.82       1404         0         0    1404    $36,830.46
                16         $42.58        -$0.39       1404         0         0    1404    $36,830.46
                17         $42.93         $0.35       1404         0         0    1404    $36,830.46
                18         $42.02        -$0.91       1404         0         0    1404    $36,830.46
                19         $41.61        -$0.41       1404         0       140    1544    $36,830.46
                20         $41.73         $0.12       1544         0         0    1544    $31,005.06
                21         $40.17        -$1.56       1544         0         0    1544    $31,005.06
                22         $40.27         $0.10       1544         0         0    1544    $31,005.06
                23         $40.94         $0.67       1544       154         0    1390    $31,005.06
                24         $41.15         $0.21       1390       348         0    1042    $37,309.82
                25         $40.61        -$0.54       1042         0         0    1042    $51,630.02
                26         $41.35         $0.74       1042         0         0    1042    $51,630.02
                27         $40.05        -$1.30       1042         0         0    1042    $51,630.02
                28         $39.17        -$0.88       1042         0       104    1146    $51,630.02
                29         $39.23         $0.06       1146         0         0    1146    $47,556.34
                30         $38.33        -$0.90       1146         0         0    1146    $47,556.34
                31         $37.62        -$0.71       1146         0       115    1261    $47,556.34
                32         $36.93        -$0.69       1261         0       315    1576    $43,230.04
                33         $37.11         $0.18       1576         0         0    1576    $31,597.09
                34         $36.06        -$1.05       1576         0         0    1576    $31,597.09
                35         $36.68         $0.62       1576         0         0    1576    $31,597.09
                36         $37.51         $0.83       1576       158         0    1418    $31,597.09
37   $36.05   -$1.46   1418     0     0   1418   $37,523.67
38   $36.44    $0.39   1418     0     0   1418   $37,523.67
39   $36.19   -$0.25   1418     0     0   1418   $37,523.67
40   $36.06   -$0.13   1418     0   142   1560   $37,523.67
41   $36.97    $0.91   1560     0     0   1560   $32,403.15
42   $37.20    $0.23   1560   156     0   1404   $32,403.15
43   $36.66   -$0.54   1404     0     0   1404   $38,206.35
44   $36.66    $0.00   1404     0     0   1404   $38,206.35
45   $36.81    $0.15   1404     0     0   1404   $38,206.35
46   $37.07    $0.26   1404   140     0   1264   $38,206.35
47   $37.26    $0.19   1264   316     0    948   $43,396.15
48   $36.90   -$0.36    948     0     0    948   $55,170.31
49   $37.29    $0.39    948     0     0    948   $55,170.31
50   $37.25   -$0.04    948     0     0    948   $55,170.31
51   $35.95   -$1.30    948     0    95   1043   $55,170.31
52   $36.50    $0.55   1043     0     0   1043   $51,755.06
53   $35.53   -$0.97   1043     0     0   1043   $51,755.06
54   $34.99   -$0.54   1043     0   104   1147   $51,755.06
55   $33.87   -$1.12   1147     0   287   1434   $48,116.10
56   $34.37    $0.50   1434     0     0   1434   $38,395.41
57   $34.65    $0.28   1434   143     0   1291   $38,395.41
58   $33.62   -$1.03   1291     0     0   1291   $43,350.36
59   $33.15   -$0.47   1291     0   129   1420   $43,350.36
60   $34.03    $0.88   1420     0     0   1420   $39,074.01
61   $34.63    $0.60   1420   142     0   1278   $39,074.01
62   $35.17    $0.54   1278   320     0    958   $43,991.47
63   $37.02    $1.85    958   240     0    718   $55,245.87
64   $37.03    $0.01    718   180     0    538   $64,130.67
65   $38.15    $1.12    538   135     0    403   $70,796.07
66   $36.85   -$1.30    403     0     0    403   $75,946.32
67   $36.25   -$0.60    403     0    40    443   $75,946.32
68   $35.97   -$0.28    443     0   111    554   $74,496.32
69   $35.76   -$0.21    554     0   139    693   $70,503.65
70   $34.94   -$0.82    693     0   173    866   $65,533.01
71   $36.99    $2.05    866     0     0    866   $59,488.39
72   $38.20    $1.21    866    87     0    779   $59,488.39
73   $38.66    $0.46    779   195     0    584   $62,811.79
74   $37.21   -$1.45    584     0     0    584   $70,350.49
75   $36.65   -$0.56    584     0    58    642   $70,350.49
76   $36.46   -$0.19    642     0   161    803   $68,224.79
77   $36.92    $0.46    803     0     0    803   $62,354.73
78   $35.23   -$1.69    803     0     0    803   $62,354.73
79   $34.42   -$0.81    803     0    80    883   $62,354.73
80   $32.83   -$1.59    883     0   221   1104   $59,601.13
81   $32.24   -$0.59   1104     0   276   1380   $52,345.70
82   $32.90    $0.66   1380     0     0   1380   $43,447.46
83   $32.48   -$0.42   1380     0     0   1380   $43,447.46
84   $31.64   -$0.84   1380     0   138   1518   $43,447.46
85   $30.82   -$0.82   1518     0   380   1898   $39,081.14
86   $30.26   -$0.56   1898     0   475   2373   $27,369.54
87   $30.48    $0.22   2373     0     0   2373   $12,996.04
88   $30.56    $0.08   2373   237     0   2136   $12,996.04
 89   $29.79   -$0.77   2136     0     0   2136   $20,238.76
 90   $29.39   -$0.40   2136     0   214   2350   $20,238.76
 91   $28.98   -$0.41   2350     0   481   2831   $13,949.30
 92   $29.36    $0.38   2831     0     0   2831        $9.92
 93   $29.79    $0.43   2831   283     0   2548        $9.92
 94   $29.92    $0.13   2548   637     0   1911    $8,440.49
 95   $29.89   -$0.03   1911     0     0   1911   $27,499.53
 96   $29.98    $0.09   1911     0     0   1911   $27,499.53
 97   $29.55   -$0.43   1911     0     0   1911   $27,499.53
 98   $29.84    $0.29   1911     0     0   1911   $27,499.53
 99   $29.84    $0.00   1911     0     0   1911   $27,499.53
100   $29.73   -$0.11   1911     0     0   1911   $27,499.53
101   $29.97    $0.24   1911     0     0   1911   $27,499.53
102   $30.05    $0.08   1911   191     0   1720   $27,499.53
103   $30.43    $0.38   1720   430     0   1290   $33,239.08
104   $30.48    $0.05   1290   323     0    967   $46,323.98
105   $30.78    $0.30    967   242     0    725   $56,169.02
106   $30.58   -$0.20    725     0     0    725   $63,617.78
107   $30.72    $0.14    725     0     0    725   $63,617.78
108   $30.28   -$0.44    725     0     0    725   $63,617.78
109   $29.78   -$0.50    725     0    73    798   $63,617.78
110   $30.21    $0.43    798     0     0    798   $61,443.84
111   $30.03   -$0.18    798     0     0    798   $61,443.84
112   $30.77    $0.74    798     0     0    798   $61,443.84
113   $31.24    $0.47    798    80     0    718   $61,443.84
114   $30.51   -$0.73    718     0     0    718   $63,943.04
115   $31.14    $0.63    718     0     0    718   $63,943.04
116   $31.15    $0.01    718    72     0    646   $63,943.04
117   $30.10   -$1.05    646     0     0    646   $66,185.84
118   $30.77    $0.67    646     0     0    646   $66,185.84
119   $30.88    $0.11    646    65     0    581   $66,185.84
120   $30.21   -$0.67    581     0     0    581   $68,193.04
121   $30.35    $0.14    581     0     0    581   $68,193.04
122   $30.45    $0.10    581    58     0    523   $68,193.04
123   $30.72    $0.27    523   131     0    392   $69,959.14
124   $30.08   -$0.64    392     0     0    392   $73,983.46
125   $30.54    $0.46    392     0     0    392   $73,983.46
126   $29.36   -$1.18    392     0     0    392   $73,983.46
127   $28.24   -$1.12    392     0    39    431   $73,983.46
128   $28.79    $0.55    431     0     0    431   $72,882.10
129   $28.81    $0.02    431    43     0    388   $72,882.10
130   $28.20   -$0.61    388     0     0    388   $74,120.93
131   $29.34    $1.14    388     0     0    388   $74,120.93
132   $29.34    $0.00    388     0     0    388   $74,120.93
133   $29.32   -$0.02    388     0     0    388   $74,120.93
134   $29.80    $0.48    388     0     0    388   $74,120.93
135   $30.45    $0.65    388    39     0    349   $74,120.93
136   $30.74    $0.29    349    87     0    262   $75,308.48
137   $31.40    $0.66    262    66     0    196   $77,982.86
138   $32.57    $1.17    196    49     0    147   $80,055.26
139   $32.08   -$0.49    147     0     0    147   $81,651.19
140   $33.93    $1.85    147     0     0    147   $81,651.19
141   $32.83   -$1.10   147    0    0   147   $81,651.19
142   $33.79    $0.96   147    0    0   147   $81,651.19
143   $33.87    $0.08   147   15    0   132   $81,651.19
144   $32.64   -$1.23   132    0    0   132   $82,159.24
145   $31.75   -$0.89   132    0   13   145   $82,159.24
146   $31.60   -$0.15   145    0   36   181   $81,746.49
147   $31.75    $0.15   181    0    0   181   $80,608.89
148   $32.01    $0.26   181   18    0   163   $80,608.89
149   $32.34    $0.33   163   41    0   122   $81,185.07
150   $30.56   -$1.78   122    0    0   122   $82,511.01
151   $30.09   -$0.47   122    0   12   134   $82,511.01
152   $31.25    $1.16   134    0    0   134   $82,149.93
153   $31.40    $0.15   134   13    0   121   $82,149.93
154   $30.34   -$1.06   121    0    0   121   $82,558.13
155   $30.74    $0.40   121    0    0   121   $82,558.13
156   $30.58   -$0.16   121    0    0   121   $82,558.13
157   $31.38    $0.80   121    0    0   121   $82,558.13
158   $30.26   -$1.12   121    0    0   121   $82,558.13
159   $29.28   -$0.98   121    0   12   133   $82,558.13
160   $29.47    $0.19   133    0    0   133   $82,206.77
161   $29.01   -$0.46   133    0    0   133   $82,206.77
162   $28.65   -$0.36   133    0   13   146   $82,206.77
163   $28.83    $0.18   146    0    0   146   $81,834.32
164   $28.82   -$0.01   146    0    0   146   $81,834.32
165   $28.56   -$0.26   146    0   15   161   $81,834.32
166   $27.91   -$0.65   161    0   40   201   $81,405.92
167   $28.93    $1.02   201    0    0   201   $80,289.52
168   $29.76    $0.83   201   20    0   181   $80,289.52
169   $29.56   -$0.20   181    0    0   181   $80,884.72
170   $29.28   -$0.28   181    0   18   199   $80,884.72
171   $29.24   -$0.04   199    0   50   249   $80,357.68
172   $29.39    $0.15   249    0    0   249   $78,895.68
173   $29.61    $0.22   249   25    0   224   $78,895.68
174   $30.05    $0.44   224   56    0   168   $79,635.93
175   $29.18   -$0.87   168    0    0   168   $81,318.73
176   $29.34    $0.16   168    0    0   168   $81,318.73
177   $28.89   -$0.45   168    0    0   168   $81,318.73
178   $28.40   -$0.49   168    0   17   185   $81,318.73
179   $28.23   -$0.17   185    0   46   231   $80,835.93
180   $28.24    $0.01   231    0    0   231   $79,537.35
181   $28.86    $0.62   231   23    0   208   $79,537.35
182   $29.27    $0.41   208   52    0   156   $80,201.13
183   $29.75    $0.48   156   39    0   117   $81,723.17
184   $29.33   -$0.42   117    0    0   117   $82,883.42
185   $29.03   -$0.30   117    0   12   129   $82,883.42
186   $30.21    $1.18   129    0    0   129   $82,535.06
187   $30.17   -$0.04   129    0    0   129   $82,535.06
188   $30.14   -$0.03   129    0   13   142   $82,535.06
189   $30.07   -$0.07   142    0   36   178   $82,143.24
190   $30.94    $0.87   178    0    0   178   $81,060.72
191   $30.79   -$0.15   178    0    0   178   $81,060.72
192   $30.22   -$0.57   178    0   18   196   $81,060.72
193   $30.07   -$0.15   196     0   49   245   $80,516.76
194   $28.56   -$1.51   245     0   61   306   $79,043.33
195   $28.23   -$0.33   306     0   77   383   $77,301.17
196   $29.18    $0.95   383     0    0   383   $75,127.46
197   $29.66    $0.48   383    38    0   345   $75,127.46
198   $30.14    $0.48   345    86    0   259   $76,254.54
199   $30.22    $0.08   259    65    0   194   $78,846.58
200   $30.21   -$0.01   194     0    0   194   $80,810.88
201   $30.57    $0.36   194     0    0   194   $80,810.88
202   $30.87    $0.30   194    19    0   175   $80,810.88
203   $31.60    $0.73   175    44    0   131   $81,397.41
204   $31.43   -$0.17   131     0    0   131   $82,787.81
205   $32.21    $0.78   131     0    0   131   $82,787.81
206   $32.17   -$0.04   131     0    0   131   $82,787.81
207   $32.57    $0.40   131     0    0   131   $82,787.81
208   $31.64   -$0.93   131     0    0   131   $82,787.81
209   $31.14   -$0.50   131     0   13   144   $82,787.81
210   $31.80    $0.66   144     0    0   144   $82,382.99
211   $29.84   -$1.96   144     0    0   144   $82,382.99
212   $29.76   -$0.08   144     0   14   158   $82,382.99
213   $29.45   -$0.31   158     0   40   198   $81,966.35
214   $28.95   -$0.50   198     0   50   248   $80,788.35
215   $28.55   -$0.40   248     0   62   310   $79,340.85
216   $28.14   -$0.41   310     0   78   388   $77,570.75
217   $28.14    $0.00   388     0    0   388   $75,375.83
218   $28.62    $0.48   388     0    0   388   $75,375.83
219   $27.99   -$0.63   388     0    0   388   $75,375.83
220   $28.10    $0.11   388     0    0   388   $75,375.83
221   $27.58   -$0.52   388     0    0   388   $75,375.83
222   $27.53   -$0.05   388     0   39   427   $75,375.83
223   $27.83    $0.30   427     0    0   427   $74,302.16
224   $27.62   -$0.21   427     0    0   427   $74,302.16
225   $26.78   -$0.84   427     0   43   470   $74,302.16
226   $26.95    $0.17   470     0    0   470   $73,150.62
227   $27.09    $0.14   470    47    0   423   $73,150.62
228   $27.40    $0.31   423   106    0   317   $74,423.85
229   $27.88    $0.48   317    79    0   238   $77,328.25
230   $27.90    $0.02   238    60    0   178   $79,530.77
231   $27.38   -$0.52   178     0    0   178   $81,204.77
232   $27.21   -$0.17   178     0   18   196   $81,204.77
233   $27.47    $0.26   196     0    0   196   $80,714.99
234   $26.48   -$0.99   196     0    0   196   $80,714.99
235   $25.93   -$0.55   196     0   20   216   $80,714.99
236   $26.40    $0.47   216     0    0   216   $80,196.39
237   $26.65    $0.25   216    22    0   194   $80,196.39
238   $27.95    $1.30   194    49    0   145   $80,782.69
239   $27.52   -$0.43   145     0    0   145   $82,152.24
240   $27.90    $0.38   145     0    0   145   $82,152.24
241   $27.61   -$0.29   145     0    0   145   $82,152.24
242   $27.29   -$0.32   145     0   15   160   $82,152.24
243   $26.97   -$0.32   160     0   40   200   $81,742.89
244   $27.27    $0.30   200     0    0   200   $80,664.09
245   $27.82    $0.55   200   20    0   180   $80,664.09
246   $27.10   -$0.72   180    0    0   180   $81,220.49
247   $27.61    $0.51   180    0    0   180   $81,220.49
248   $27.16   -$0.45   180    0    0   180   $81,220.49
249   $26.51   -$0.65   180    0   18   198   $81,220.49
250   $26.80    $0.29   198    0    0   198   $80,743.31
ue of stock/cash portfolio
            Change        Ending         Worth of    Cumulative
            in cash       cash           shares      gain/loss



               $2,500.00    $77,500.00      $22,500.00       $0.00
                  $0.00    $77,500.00      $21,348.00  ($1,152.00)
             ($2,100.15)   $75,399.85      $23,101.65  ($1,498.50)
                  $0.00    $75,399.85      $23,156.10  ($1,444.05)
              $2,346.00    $77,745.85      $20,879.40  ($1,374.75)
              $5,279.16    $83,025.01      $15,885.04  ($1,089.95)
                  $0.00    $83,025.01      $15,851.64  ($1,123.35)
             ($1,538.46)   $81,486.55      $17,109.54  ($1,403.91)
             ($4,121.60)   $77,364.95      $20,563.20  ($2,071.85)
             ($5,146.25)   $72,218.70      $25,686.50  ($2,094.80)
             ($6,243.84)   $65,974.86      $31,132.48  ($2,892.66)
             ($7,731.00)   $58,243.86      $38,569.10  ($3,187.04)
             ($9,569.25)   $48,674.61      $47,761.19  ($3,564.20)
            ($11,844.15)   $36,830.46      $59,178.60  ($3,990.94)
                  $0.00    $36,830.46      $60,329.88  ($2,839.66)
                  $0.00    $36,830.46      $59,782.32  ($3,387.22)
                  $0.00    $36,830.46      $60,273.72  ($2,895.82)
                  $0.00    $36,830.46      $58,996.08  ($4,173.46)
             ($5,825.40)   $31,005.06      $64,245.84  ($4,749.10)
                  $0.00    $31,005.06      $64,431.12  ($4,563.82)
                  $0.00    $31,005.06      $62,022.48  ($6,972.46)
                  $0.00    $31,005.06      $62,176.88  ($6,818.06)
              $6,304.76    $37,309.82      $56,906.60  ($5,783.58)
             $14,320.20    $51,630.02      $42,878.30  ($5,491.68)
                  $0.00    $51,630.02      $42,315.62  ($6,054.36)
                  $0.00    $51,630.02      $43,086.70  ($5,283.28)
                  $0.00    $51,630.02      $41,732.10  ($6,637.88)
             ($4,073.68)   $47,556.34      $44,888.82  ($7,554.84)
                  $0.00    $47,556.34      $44,957.58  ($7,486.08)
                  $0.00    $47,556.34      $43,926.18  ($8,517.48)
             ($4,326.30)   $43,230.04      $47,438.82  ($9,331.14)
            ($11,632.95)   $31,597.09      $58,201.68 ($10,201.23)
                  $0.00    $31,597.09      $58,485.36  ($9,917.55)
                  $0.00    $31,597.09      $56,830.56 ($11,572.35)
                  $0.00    $31,597.09      $57,807.68 ($10,595.23)
              $5,926.58    $37,523.67      $53,189.18  ($9,287.15)
      $0.00    $37,523.67   $51,118.90   ($11,357.43)
      $0.00    $37,523.67   $51,671.92   ($10,804.41)
      $0.00    $37,523.67   $51,317.42   ($11,158.91)
 ($5,120.52)   $32,403.15   $56,253.60   ($11,343.25)
      $0.00    $32,403.15   $57,673.20    ($9,923.65)
  $5,803.20    $38,206.35   $52,228.80    ($9,564.85)
      $0.00    $38,206.35   $51,470.64   ($10,323.01)
      $0.00    $38,206.35   $51,470.64   ($10,323.01)
      $0.00    $38,206.35   $51,681.24   ($10,112.41)
  $5,189.80    $43,396.15   $46,856.48    ($9,747.37)
 $11,774.16    $55,170.31   $35,322.48    ($9,507.21)
      $0.00    $55,170.31   $34,981.20    ($9,848.49)
      $0.00    $55,170.31   $35,350.92    ($9,478.77)
      $0.00    $55,170.31   $35,313.00    ($9,516.69)
 ($3,415.25)   $51,755.06   $37,495.85   ($10,749.09)
      $0.00    $51,755.06   $38,069.50   ($10,175.44)
      $0.00    $51,755.06   $37,057.79   ($11,187.15)
 ($3,638.96)   $48,116.10   $40,133.53   ($11,750.37)
 ($9,720.69)   $38,395.41   $48,569.58   ($13,035.01)
      $0.00    $38,395.41   $49,286.58   ($12,318.01)
  $4,954.95    $43,350.36   $44,733.15   ($11,916.49)
      $0.00    $43,350.36   $43,403.42   ($13,246.22)
 ($4,276.35)   $39,074.01   $47,073.00   ($13,852.99)
      $0.00    $39,074.01   $48,322.60   ($12,603.39)
  $4,917.46    $43,991.47   $44,257.14   ($11,751.39)
 $11,254.40    $55,245.87   $33,692.86   ($11,061.27)
  $8,884.80    $64,130.67   $26,580.36    ($9,288.97)
  $6,665.40    $70,796.07   $19,922.14    ($9,281.79)
  $5,150.25    $75,946.32   $15,374.45    ($8,679.23)
      $0.00    $75,946.32   $14,850.55    ($9,203.13)
 ($1,450.00)   $74,496.32   $16,058.75    ($9,444.93)
 ($3,992.67)   $70,503.65   $19,927.38    ($9,568.97)
 ($4,970.64)   $65,533.01   $24,781.68    ($9,685.31)
 ($6,044.62)   $59,488.39   $30,258.04   ($10,253.57)
      $0.00    $59,488.39   $32,033.34    ($8,478.27)
  $3,323.40    $62,811.79   $29,757.80    ($7,430.41)
  $7,538.70    $70,350.49   $22,577.44    ($7,072.07)
      $0.00    $70,350.49   $21,730.64    ($7,918.87)
 ($2,125.70)   $68,224.79   $23,529.30    ($8,245.91)
 ($5,870.06)   $62,354.73   $29,277.38    ($8,367.89)
      $0.00    $62,354.73   $29,646.76    ($7,998.51)
      $0.00    $62,354.73   $28,289.69    ($9,355.58)
 ($2,753.60)   $59,601.13   $30,392.86   ($10,006.01)
 ($7,255.43)   $52,345.70   $36,244.32   ($11,409.98)
 ($8,898.24)   $43,447.46   $44,491.20   ($12,061.34)
      $0.00    $43,447.46   $45,402.00   ($11,150.54)
      $0.00    $43,447.46   $44,822.40   ($11,730.14)
 ($4,366.32)   $39,081.14   $48,029.52   ($12,889.34)
($11,711.60)   $27,369.54   $58,496.36   ($14,134.10)
($14,373.50)   $12,996.04   $71,806.98   ($15,196.98)
      $0.00    $12,996.04   $72,329.04   ($14,674.92)
  $7,242.72    $20,238.76   $65,276.16   ($14,485.08)
      $0.00    $20,238.76   $63,631.44   ($16,129.80)
 ($6,289.46)   $13,949.30   $69,066.50   ($16,984.20)
($13,939.38)        $9.92   $82,042.38   ($17,947.70)
      $0.00         $9.92   $83,118.16   ($16,871.92)
  $8,430.57     $8,440.49   $75,904.92   ($15,654.59)
 $19,059.04    $27,499.53   $57,177.12   ($15,323.35)
      $0.00    $27,499.53   $57,119.79   ($15,380.68)
      $0.00    $27,499.53   $57,291.78   ($15,208.69)
      $0.00    $27,499.53   $56,470.05   ($16,030.42)
      $0.00    $27,499.53   $57,024.24   ($15,476.23)
      $0.00    $27,499.53   $57,024.24   ($15,476.23)
      $0.00    $27,499.53   $56,814.03   ($15,686.44)
      $0.00    $27,499.53   $57,272.67   ($15,227.80)
  $5,739.55    $33,239.08   $51,686.00   ($15,074.92)
 $13,084.90    $46,323.98   $39,254.70   ($14,421.32)
  $9,845.04    $56,169.02   $29,474.16   ($14,356.82)
  $7,448.76    $63,617.78   $22,315.50   ($14,066.72)
      $0.00    $63,617.78   $22,170.50   ($14,211.72)
      $0.00    $63,617.78   $22,272.00   ($14,110.22)
      $0.00    $63,617.78   $21,953.00   ($14,429.22)
 ($2,173.94)   $61,443.84   $23,764.44   ($14,791.72)
      $0.00    $61,443.84   $24,107.58   ($14,448.58)
      $0.00    $61,443.84   $23,963.94   ($14,592.22)
      $0.00    $61,443.84   $24,554.46   ($14,001.70)
  $2,499.20    $63,943.04   $22,430.32   ($13,626.64)
      $0.00    $63,943.04   $21,906.18   ($14,150.78)
      $0.00    $63,943.04   $22,358.52   ($13,698.44)
  $2,242.80    $66,185.84   $20,122.90   ($13,691.26)
      $0.00    $66,185.84   $19,444.60   ($14,369.56)
      $0.00    $66,185.84   $19,877.42   ($13,936.74)
  $2,007.20    $68,193.04   $17,941.28   ($13,865.68)
      $0.00    $68,193.04   $17,552.01   ($14,254.95)
      $0.00    $68,193.04   $17,633.35   ($14,173.61)
  $1,766.10    $69,959.14   $15,925.35   ($14,115.51)
  $4,024.32    $73,983.46   $12,042.24   ($13,974.30)
      $0.00    $73,983.46   $11,791.36   ($14,225.18)
      $0.00    $73,983.46   $11,971.68   ($14,044.86)
      $0.00    $73,983.46   $11,509.12   ($14,507.42)
 ($1,101.36)   $72,882.10   $12,171.44   ($14,946.46)
      $0.00    $72,882.10   $12,408.49   ($14,709.41)
  $1,238.83    $74,120.93   $11,178.28   ($14,700.79)
      $0.00    $74,120.93   $10,941.60   ($14,937.47)
      $0.00    $74,120.93   $11,383.92   ($14,495.15)
      $0.00    $74,120.93   $11,383.92   ($14,495.15)
      $0.00    $74,120.93   $11,376.16   ($14,502.91)
      $0.00    $74,120.93   $11,562.40   ($14,316.67)
  $1,187.55    $75,308.48   $10,627.05   ($14,064.47)
  $2,674.38    $77,982.86    $8,053.88   ($13,963.26)
  $2,072.40    $80,055.26    $6,154.40   ($13,790.34)
  $1,595.93    $81,651.19    $4,787.79   ($13,561.02)
      $0.00    $81,651.19    $4,715.76   ($13,633.05)
      $0.00    $81,651.19    $4,987.71   ($13,361.10)
     $0.00    $81,651.19   $4,826.01   ($13,522.80)
     $0.00    $81,651.19   $4,967.13   ($13,381.68)
   $508.05    $82,159.24   $4,470.84   ($13,369.92)
     $0.00    $82,159.24   $4,308.48   ($13,532.28)
  ($412.75)   $81,746.49   $4,603.75   ($13,649.76)
($1,137.60)   $80,608.89   $5,719.60   ($13,671.51)
     $0.00    $80,608.89   $5,746.75   ($13,644.36)
   $576.18    $81,185.07   $5,217.63   ($13,597.30)
 $1,325.94    $82,511.01   $3,945.48   ($13,543.51)
     $0.00    $82,511.01   $3,728.32   ($13,760.67)
  ($361.08)   $82,149.93   $4,032.06   ($13,818.01)
     $0.00    $82,149.93   $4,187.50   ($13,662.57)
   $408.20    $82,558.13   $3,799.40   ($13,642.47)
     $0.00    $82,558.13   $3,671.14   ($13,770.73)
     $0.00    $82,558.13   $3,719.54   ($13,722.33)
     $0.00    $82,558.13   $3,700.18   ($13,741.69)
     $0.00    $82,558.13   $3,796.98   ($13,644.89)
     $0.00    $82,558.13   $3,661.46   ($13,780.41)
  ($351.36)   $82,206.77   $3,894.24   ($13,898.99)
     $0.00    $82,206.77   $3,919.51   ($13,873.72)
     $0.00    $82,206.77   $3,858.33   ($13,934.90)
  ($372.45)   $81,834.32   $4,182.90   ($13,982.78)
     $0.00    $81,834.32   $4,209.18   ($13,956.50)
     $0.00    $81,834.32   $4,207.72   ($13,957.96)
  ($428.40)   $81,405.92   $4,598.16   ($13,995.92)
($1,116.40)   $80,289.52   $5,609.91   ($14,100.57)
     $0.00    $80,289.52   $5,814.93   ($13,895.55)
   $595.20    $80,884.72   $5,386.56   ($13,728.72)
     $0.00    $80,884.72   $5,350.36   ($13,764.92)
  ($527.04)   $80,357.68   $5,826.72   ($13,815.60)
($1,462.00)   $78,895.68   $7,280.76   ($13,823.56)
     $0.00    $78,895.68   $7,318.11   ($13,786.21)
   $740.25    $79,635.93   $6,632.64   ($13,731.43)
 $1,682.80    $81,318.73   $5,048.40   ($13,632.87)
     $0.00    $81,318.73   $4,902.24   ($13,779.03)
     $0.00    $81,318.73   $4,929.12   ($13,752.15)
     $0.00    $81,318.73   $4,853.52   ($13,827.75)
  ($482.80)   $80,835.93   $5,254.00   ($13,910.07)
($1,298.58)   $79,537.35   $6,521.13   ($13,941.52)
     $0.00    $79,537.35   $6,523.44   ($13,939.21)
   $663.78    $80,201.13   $6,002.88   ($13,795.99)
 $1,522.04    $81,723.17   $4,566.12   ($13,710.71)
 $1,160.25    $82,883.42   $3,480.75   ($13,635.83)
     $0.00    $82,883.42   $3,431.61   ($13,684.97)
  ($348.36)   $82,535.06   $3,744.87   ($13,720.07)
     $0.00    $82,535.06   $3,897.09   ($13,567.85)
     $0.00    $82,535.06   $3,891.93   ($13,573.01)
  ($391.82)   $82,143.24   $4,279.88   ($13,576.88)
($1,082.52)   $81,060.72   $5,352.46   ($13,586.82)
     $0.00    $81,060.72   $5,507.32   ($13,431.96)
     $0.00    $81,060.72   $5,480.62   ($13,458.66)
  ($543.96)   $80,516.76   $5,923.12   ($13,560.12)
($1,473.43)   $79,043.33    $7,367.15   ($13,589.52)
($1,742.16)   $77,301.17    $8,739.36   ($13,959.47)
($2,173.71)   $75,127.46   $10,812.09   ($14,060.45)
     $0.00    $75,127.46   $11,175.94   ($13,696.60)
 $1,127.08    $76,254.54   $10,232.70   ($13,512.76)
 $2,592.04    $78,846.58    $7,806.26   ($13,347.16)
 $1,964.30    $80,810.88    $5,862.68   ($13,326.44)
     $0.00    $80,810.88    $5,860.74   ($13,328.38)
     $0.00    $80,810.88    $5,930.58   ($13,258.54)
   $586.53    $81,397.41    $5,402.25   ($13,200.34)
 $1,390.40    $82,787.81    $4,139.60   ($13,072.59)
     $0.00    $82,787.81    $4,117.33   ($13,094.86)
     $0.00    $82,787.81    $4,219.51   ($12,992.68)
     $0.00    $82,787.81    $4,214.27   ($12,997.92)
     $0.00    $82,787.81    $4,266.67   ($12,945.52)
     $0.00    $82,787.81    $4,144.84   ($13,067.35)
  ($404.82)   $82,382.99    $4,484.16   ($13,132.85)
     $0.00    $82,382.99    $4,579.20   ($13,037.81)
     $0.00    $82,382.99    $4,296.96   ($13,320.05)
  ($416.64)   $81,966.35    $4,702.08   ($13,331.57)
($1,178.00)   $80,788.35    $5,831.10   ($13,380.55)
($1,447.50)   $79,340.85    $7,179.60   ($13,479.55)
($1,770.10)   $77,570.75    $8,850.50   ($13,578.75)
($2,194.92)   $75,375.83   $10,918.32   ($13,705.85)
     $0.00    $75,375.83   $10,918.32   ($13,705.85)
     $0.00    $75,375.83   $11,104.56   ($13,519.61)
     $0.00    $75,375.83   $10,860.12   ($13,764.05)
     $0.00    $75,375.83   $10,902.80   ($13,721.37)
     $0.00    $75,375.83   $10,701.04   ($13,923.13)
($1,073.67)   $74,302.16   $11,755.31   ($13,942.53)
     $0.00    $74,302.16   $11,883.41   ($13,814.43)
     $0.00    $74,302.16   $11,793.74   ($13,904.10)
($1,151.54)   $73,150.62   $12,586.60   ($14,262.78)
     $0.00    $73,150.62   $12,666.50   ($14,182.88)
 $1,273.23    $74,423.85   $11,459.07   ($14,117.08)
 $2,904.40    $77,328.25    $8,685.80   ($13,985.95)
 $2,202.52    $79,530.77    $6,635.44   ($13,833.79)
 $1,674.00    $81,204.77    $4,966.20   ($13,829.03)
     $0.00    $81,204.77    $4,873.64   ($13,921.59)
  ($489.78)   $80,714.99    $5,333.16   ($13,951.85)
     $0.00    $80,714.99    $5,384.12   ($13,900.89)
     $0.00    $80,714.99    $5,190.08   ($14,094.93)
  ($518.60)   $80,196.39    $5,600.88   ($14,202.73)
     $0.00    $80,196.39    $5,702.40   ($14,101.21)
   $586.30    $80,782.69    $5,170.10   ($14,047.21)
 $1,369.55    $82,152.24    $4,052.75   ($13,795.01)
     $0.00    $82,152.24    $3,990.40   ($13,857.36)
     $0.00    $82,152.24    $4,045.50   ($13,802.26)
     $0.00    $82,152.24    $4,003.45   ($13,844.31)
  ($409.35)   $81,742.89    $4,366.40   ($13,890.71)
($1,078.80)   $80,664.09    $5,394.00   ($13,941.91)
     $0.00    $80,664.09    $5,454.00   ($13,881.91)
 $556.40    $81,220.49   $5,007.60   ($13,771.91)
   $0.00    $81,220.49   $4,878.00   ($13,901.51)
   $0.00    $81,220.49   $4,969.80   ($13,809.71)
   $0.00    $81,220.49   $4,888.80   ($13,890.71)
($477.18)   $80,743.31   $5,248.98   ($14,007.71)
   $0.00    $80,743.31   $5,306.40   ($13,950.29)
Results of individual replications

                        Ending         Ending             Cum            Min         Max
   Replication            cash    stock value         gain/loss        price        price
             1   $ 103,187.06    $    479.85    $    3,666.91     $   43.07    $   71.90
             2   $ 106,677.30    $     73.77    $    6,751.07     $   48.49    $   74.06
             3   $ 103,664.06    $     64.97    $    3,729.03     $   48.65    $   80.07
             4   $ 81,109.62     $ 16,235.20    $   (2,655.18)    $   37.79    $   60.05
             5   $ 103,419.01    $     84.81    $    3,503.82     $   48.96    $   84.81
             6   $ 92,649.58     $ 14,476.80    $    7,126.38     $   44.82    $   58.90
             7   $ 104,355.35    $    295.75    $    4,651.10     $   40.19    $   57.13
             8   $ 97,346.08     $ 15,507.18    $   12,853.26     $   37.09    $   50.00
             9   $ 101,057.66    $     92.38    $    1,150.04     $   48.78    $   95.68
            10   $ 102,831.16    $     91.61    $    2,922.77     $   46.26    $   91.61
Summary results from the simulation

                      Ending          Ending         Cum      Min      Max
                        cash      stock value   gain/loss    price    price
           Min       $38,027             $66        $138    $31.43   $52.60
          Max       $105,688         $62,111     $11,367    $45.34   $72.09
      Average        $94,610          $8,685      $3,295    $39.71   $60.73
         Stdev       $19,996         $19,100      $3,653     $4.90    $8.15
       Median       $100,837          $1,229      $1,572    $40.79   $60.06
 5th percentile      $64,644             $67        $405    $32.10   $52.74
95th percentile     $103,984         $38,726      $9,466    $44.83   $71.65

				
DOCUMENT INFO
Description: Stock Trading Strategy document sample