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Fully Automatic Trading: an experiment (logs)

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This page is a weekly updated page with the rebalancing logs and the portfolio statistics. For the story behind this, see the links below. The changes of the total value of the portfolio can be seen here (so far it is only a few data points).

Changelog:

  1. 2012-08-23: Another revision of the trading model adding some machine learning components and robustifications of trading to account for partial information. Lead to fundamental rebalancing of the portfolio eating up roughly 1.5% of profit.
  2. 2012-02-22: Completely redesigned code from scratch to only use freely available solvers. In fact the current code basis uses GLPK now. The design decision was complex but in the end the fact that GLPK is also free for commercial use was an important aspect. Initially I wanted to go for Cbc however (a) I could not compile the code on the road – I am traveling at the moment (b) the binaries, I would have even been happy with the old ones, failed because of some missing fortan lib that I could not install on the go. However the current interface is very generic and in fact LP-file based. So while paying the overhead for going via the filesystem essentially any solver that can read LP files can be used now. The only thing that has to be changed is the output parser.
  3. 2011-12-07: There was a problem with the data feed. In fact, for some symbols daily relative changes between -90% and +250% occurred. While it is not clear where these “jumps” come from (I could not find any splits etc.) and I suspect this to be a data quality problem it leads to wrong and highly suboptimal solutions. I added a security mechanism that does some sanity checks on the data and if the data for a symbol appears to be flawed with high probability then the algorithm will not trade that particular symbol. One of these symbols is MRK.DE (see here)  which comprises a large fraction of the current portfolio allocation. Therefore when rebalancing next week the algorithm will fully liquidate this position. Expected loss due to transaction costs will be roughly 1% and I decided to “pay” for the bug via transaction costs; this would have been the case for a real portfolio.

Related articles

DISCLAIMER: Do not attempt to use the allocation vectors for actual trading. This is a game! The code has been written in less than 48 hours and neither is bug-free nor is it clear that it does anything useful!! Who knows, maybe I am maximizing the amount of cash burned per time step – do you really want to guinea-pig this out?
-----------------------------------------------------------------------------  
week 52: 1.02% (BTD 9.02%)
Recomputing portfolio vectors...

----> Running offline model...


Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.29994 		 10.00000 		 0.70006
2 		 9.29994 		 9.29994 		 -0.00000
-----------------------------------------------------------------------------
V 		 9.29994 		 9.29994 		 -0.00000

----> Running online model...


Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.29602 		 10.00000 		 0.70398
2 		 9.29994 		 9.30001 		 0.00007
-----------------------------------------------------------------------------
V 		 9.29994 		 9.29994 		 -0.00000

Result. 


--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg 
-----------------------------------------------------------------------------
  BMW.DE 	    10.00 	   580.60 	   604.90 	     4.19 
  FRE.DE 	    23.00 	  2131.87 	  2095.99 	    -1.68 
 HEN3.DE 	     9.00 	   575.28 	   563.31 	    -2.08 
 VOW3.DE 	    13.00 	  1872.65 	  2006.55 	     7.15 
    cash 	  5632.08 	  5632.08 	  5632.08 	     0.00 
-----------------------------------------------------------------------------
   Total 	   ----   	 10792.48 	 10902.83 	     1.02 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts 	 percentage 
-----------------------------------------------------------------------------
  BMW.DE 	    10.00 	    10.00 	     0.00 	     5.55
  FRE.DE 	    23.00 	    23.00 	     0.00 	    19.22
 HEN3.DE 	     9.00 	     9.00 	     0.00 	     5.17
 VOW3.DE 	    13.00 	    13.00 	     0.00 	    18.40
    cash 	  5632.08 	  5632.08 	     0.00 	    51.66
-----------------------------------------------------------------------------
 cash-tc 	  5632.08 	  5632.08 	     0.00

Turnover: 0.00 (0.00%)

Generating portfolio distribution...
done.


----> Perfect expected return/period: 0.3158%
----> Price of partial information: 0.0000%


-----------------------------------------------------------------------------  
week 51: 0.80% (BTD 8.78%)

Recomputing portfolio vectors...

----> Running offline model...


Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.29756 		 10.00000 		 0.70244
2 		 9.29756 		 9.29756 		 -0.00000
-----------------------------------------------------------------------------
V 		 9.29756 		 9.29756 		 -0.00000

----> Running online model...


Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.29494 		 10.00000 		 0.70506
2 		 9.29756 		 9.29759 		 0.00003
-----------------------------------------------------------------------------
V 		 9.29756 		 9.29756 		 -0.00000

Result. 


--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg 
-----------------------------------------------------------------------------
  BMW.DE 	    10.00 	   580.60 	   600.50 	     3.43 
  FRE.DE 	    23.00 	  2131.87 	  2155.79 	     1.12 
 HEN3.DE 	     9.00 	   575.28 	   566.28 	    -1.56 
 VOW3.DE 	    13.00 	  1872.65 	  1924.00 	     2.74 
    cash 	  5632.08 	  5632.08 	  5632.08 	     0.00 
-----------------------------------------------------------------------------
   Total 	   ----   	 10792.48 	 10878.65 	     0.80 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts 	 percentage 
-----------------------------------------------------------------------------
  BMW.DE 	    10.00 	    10.00 	     0.00 	     5.52
  FRE.DE 	    23.00 	    23.00 	     0.00 	    19.82
 HEN3.DE 	     9.00 	     9.00 	     0.00 	     5.21
 VOW3.DE 	    13.00 	    13.00 	     0.00 	    17.69
    cash 	  5632.08 	  5632.08 	     0.00 	    51.77
-----------------------------------------------------------------------------
 cash-tc 	  5632.08 	  5632.08 	     0.00

Turnover: 0.00 (0.00%)

Generating portfolio distribution...
done.


----> Perfect expected return/period: 0.3003%
----> Price of partial information: 0.0000%

-----------------------------------------------------------------------------  
week 50: -0.24% (BTD 7.92%)

Recomputing portfolio vectors...

----> Running offline model...


Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.28986 		 10.00000 		 0.71014
2 		 9.28986 		 9.28986 		 -0.00000
-----------------------------------------------------------------------------
V 		 9.28986 		 9.28986 		 -0.00000

----> Running online model...


Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.28700 		 10.00000 		 0.71300
2 		 9.28986 		 9.28990 		 0.00003
-----------------------------------------------------------------------------
V 		 9.28986 		 9.28986 		 -0.00000

Result. 


--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg 
-----------------------------------------------------------------------------
  BMW.DE 	    10.00 	   597.90 	   580.60 	    -2.89 
  FRE.DE 	    23.00 	  2007.67 	  2131.87 	     6.19 
 HEN3.DE 	     9.00 	   565.02 	   575.28 	     1.82 
 VOW3.DE 	    13.00 	  2015.65 	  1872.65 	    -7.09 
    cash 	  5632.08 	  5632.08 	  5632.08 	     0.00 
-----------------------------------------------------------------------------
   Total 	   ----   	 10818.32 	 10792.48 	    -0.24 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts 	 percentage 
-----------------------------------------------------------------------------
  BMW.DE 	    10.00 	    10.00 	     0.00 	     5.38
  FRE.DE 	    23.00 	    23.00 	     0.00 	    19.75
 HEN3.DE 	     9.00 	     9.00 	     0.00 	     5.33
 VOW3.DE 	    13.00 	    13.00 	     0.00 	    17.35
    cash 	  5632.08 	  5632.08 	     0.00 	    52.19
-----------------------------------------------------------------------------
 cash-tc 	  5632.08 	  5632.08 	     0.00

Turnover: 0.00 (0.00%)

Generating portfolio distribution...
done.


----> Perfect expected return/period: 0.3256%
----> Price of partial information: 0.0000%

-----------------------------------------------------------------------------  
week 49: 0.33% (BTD 8.26%)

Recomputing portfolio vectors...

----> Running offline model...


Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.29256 		 10.00000 		 0.70744
2 		 9.29256 		 9.29256 		 0.00000
-----------------------------------------------------------------------------
V 		 9.29256 		 9.29256 		 0.00000

----> Running online model...


Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.28609 		 10.00000 		 0.71391
2 		 9.29214 		 9.29223 		 0.00008
-----------------------------------------------------------------------------
V 		 9.29214 		 9.29214 		 -0.00000

Result. 


--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg 
-----------------------------------------------------------------------------
  BMW.DE 	    10.00 	   622.50 	   597.90 	    -3.95 
  FRE.DE 	    23.00 	  1977.08 	  2007.67 	     1.55 
 HEN3.DE 	     9.00 	   550.08 	   565.02 	     2.72 
 VOW3.DE 	    14.00 	  2156.00 	  2170.70 	     0.68 
    cash 	  5484.48 	  5484.48 	  5484.48 	     0.00 
-----------------------------------------------------------------------------
   Total 	   ----   	 10790.14 	 10825.77 	     0.33 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts 	 percentage 
-----------------------------------------------------------------------------
  BMW.DE 	    10.00 	    10.00 	     0.00 	     5.52
  FRE.DE 	    23.00 	    23.00 	     0.00 	    18.55
 HEN3.DE 	     9.00 	     9.00 	     0.00 	     5.22
 VOW3.DE 	    14.00 	    13.00 	     7.45 	    18.62
    cash 	  5484.48 	  5639.53 	     0.00 	    52.09
-----------------------------------------------------------------------------
 cash-tc 	  5484.48 	  5632.08 	     7.45

Turnover: 155.05 (1.43%)

Generating portfolio distribution...
done.


----> Perfect expected return/period: 0.2456%
----> Price of partial information: 0.0416%

-----------------------------------------------------------------------------  
week 48: 2.60% (BTD 7.97%)

Recomputing portfolio vectors...

----> Running offline model...


Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.28933 		 10.00000 		 0.71067
2 		 9.28980 		 9.28980 		 0.00000
-----------------------------------------------------------------------------
V 		 9.28980 		 9.28980 		 -0.00000

----> Running online model...


Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.28518 		 10.00000 		 0.71482
2 		 9.28970 		 9.28976 		 0.00006
-----------------------------------------------------------------------------
V 		 9.28970 		 9.28970 		 -0.00000

Result. 


--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg 
-----------------------------------------------------------------------------
  BMW.DE 	    10.00 	   562.00 	   622.50 	    10.77 
  FRE.DE 	    23.00 	  2008.82 	  1977.08 	    -1.58 
 HEN3.DE 	     9.00 	   559.98 	   550.08 	    -1.77 
 VOW3.DE 	    15.00 	  2055.00 	  2310.00 	    12.41 
    cash 	  5337.92 	  5337.92 	  5337.92 	     0.00 
-----------------------------------------------------------------------------
   Total 	   ----   	 10523.72 	 10797.58 	     2.60 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts 	 percentage 
-----------------------------------------------------------------------------
  BMW.DE 	    10.00 	    10.00 	     0.00 	     5.77
  FRE.DE 	    23.00 	    23.00 	     0.00 	    18.31
 HEN3.DE 	     9.00 	     9.00 	     0.00 	     5.09
 VOW3.DE 	    15.00 	    14.00 	     7.44 	    19.97
    cash 	  5337.92 	  5491.92 	     0.00 	    50.86
-----------------------------------------------------------------------------
 cash-tc 	  5337.92 	  5484.48 	     7.44

Turnover: 154.00 (1.43%)

Generating portfolio distribution...
done.


----> Perfect expected return/period: 0.2625%
----> Price of partial information: 0.0097%

-----------------------------------------------------------------------------  
week 47: -0.16% (BTD 5.31%)

Recomputing portfolio vectors...

----> Running offline model...


Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.26431 		 10.00000 		 0.73569
2 		 9.26483 		 9.26483 		 0.00000
-----------------------------------------------------------------------------
V 		 9.26483 		 9.26483 		 0.00000

----> Running online model...


Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.25980 		 10.00000 		 0.74020
2 		 9.26478 		 9.26482 		 0.00003
-----------------------------------------------------------------------------
V 		 9.26478 		 9.26478 		 -0.00000

Result. 


--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg 
-----------------------------------------------------------------------------
  BMW.DE 	    10.00 	   586.90 	   562.00 	    -4.24 
  FRE.DE 	    24.00 	  2032.08 	  2096.16 	     3.15 
 HEN3.DE 	     9.00 	   545.04 	   559.98 	     2.74 
 VOW3.DE 	    15.00 	  2125.50 	  2055.00 	    -3.32 
    cash 	  5257.36 	  5257.36 	  5257.36 	     0.00 
-----------------------------------------------------------------------------
   Total 	   ----   	 10546.88 	 10530.50 	    -0.16 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts 	 percentage 
-----------------------------------------------------------------------------
  BMW.DE 	    10.00 	    10.00 	     0.00 	     5.34
  FRE.DE 	    24.00 	    23.00 	     6.77 	    19.08
 HEN3.DE 	     9.00 	     9.00 	     0.00 	     5.32
 VOW3.DE 	    15.00 	    15.00 	     0.00 	    19.51
    cash 	  5257.36 	  5344.70 	     0.00 	    50.75
-----------------------------------------------------------------------------
 cash-tc 	  5257.36 	  5337.92 	     6.77

Turnover: 87.34 (0.83%)

Generating portfolio distribution...
done.


----> Perfect expected return/period: 0.2754%
----> Price of partial information: 0.0042%


-----------------------------------------------------------------------------  
week 46: -1.35% (BTD 6.08%)

Recomputing portfolio vectors...

----> Running offline model...


Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.27258 		 10.00000 		 0.72742
2 		 9.27269 		 9.27287 		 0.00018
3 		 9.27276 		 9.27280 		 0.00004
-----------------------------------------------------------------------------
V 		 9.27276 		 9.27277 		 0.00001

----> Running online model...


Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.27012 		 10.00000 		 0.72988
2 		 9.27263 		 9.27279 		 0.00016
3 		 9.27266 		 9.27272 		 0.00006
-----------------------------------------------------------------------------
V 		 9.27266 		 9.27267 		 0.00001

Result. 


--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg 
-----------------------------------------------------------------------------
  FRE.DE 	    12.00 	  1009.08 	  1016.04 	     0.69 
 HEN3.DE 	    10.00 	   594.50 	   605.60 	     1.87 
  IFX.DE 	    95.00 	   559.07 	   525.63 	    -5.98 
 VOW3.DE 	    22.00 	  3247.20 	  3117.40 	    -4.00 
    cash 	  5343.51 	  5343.51 	  5343.51 	     0.00 
-----------------------------------------------------------------------------
   Total 	   ----   	 10753.37 	 10608.19 	    -1.35 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts 	 percentage 
-----------------------------------------------------------------------------
  FRE.DE 	    12.00 	    24.00 	    16.06 	    19.16
 HEN3.DE 	    10.00 	     9.00 	     6.51 	     5.14
  IFX.DE 	    95.00 	     0.00 	    11.16 	     0.00
 VOW3.DE 	    22.00 	    15.00 	    15.82 	    20.04
    cash 	  5343.51 	  5318.67 	     0.00 	    50.14
  BMW.DE 	     0.00 	    10.00 	    11.77 	     5.53
-----------------------------------------------------------------------------
 cash-tc 	  5343.51 	  5257.36 	    61.31

Turnover: 3181.03 (29.99%)


----> Perfect expected return/period: 0.3280%
----> Price of partial information: 0.0098%


-----------------------------------------------------------------------------  
week 45: 0.46% (BTD 8.20%)

Recomputing portfolio vectors...

----> Running offline model...


Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.29231 		 10.00000 		 0.70769
2 		 9.29251 		 9.29279 		 0.00028
3 		 9.29262 		 9.29269 		 0.00007
-----------------------------------------------------------------------------
V 		 9.29262 		 9.29264 		 0.00002

----> Running online model...


Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.29201 		 10.00000 		 0.70799
2 		 9.29248 		 9.29259 		 0.00011
3 		 9.29252 		 9.29254 		 0.00003
-----------------------------------------------------------------------------
V 		 9.29252 		 9.29252 		 0.00000

Result. 


--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg 
-----------------------------------------------------------------------------
  ADS.DE 	     9.00 	   556.83 	   559.89 	     0.55 
  BMW.DE 	    11.00 	   650.21 	   677.71 	     4.23 
  IFX.DE 	    98.00 	   574.97 	   576.73 	     0.31 
 VOW3.DE 	    24.00 	  3525.60 	  3542.40 	     0.48 
    cash 	  5463.58 	  5463.58 	  5463.58 	     0.00 
-----------------------------------------------------------------------------
   Total 	   ----   	 10771.18 	 10820.31 	     0.46 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts 	 percentage 
-----------------------------------------------------------------------------
  ADS.DE 	     9.00 	     0.00 	    11.50 	     0.00
  BMW.DE 	    11.00 	     0.00 	    12.68 	     0.00
  IFX.DE 	    98.00 	    95.00 	     6.08 	     5.17
 VOW3.DE 	    24.00 	    22.00 	     8.85 	    30.01
    cash 	  5463.58 	  5410.45 	     0.00 	    50.00
  FRE.DE 	     0.00 	    12.00 	    15.99 	     9.33
 HEN3.DE 	     0.00 	    10.00 	    11.85 	     5.49
-----------------------------------------------------------------------------
 cash-tc 	  5463.58 	  5343.51 	    66.94

Turnover: 3154.03 (29.15%)


----> Perfect expected return/period: 0.7887%
----> Price of partial information: 0.0103%

-----------------------------------------------------------------------------  
week 44: 0.20% (BTD 7.71%)

Recomputing portfolio vectors...
Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.28309 		 10.00000 		 0.71691
2 		 9.28770 		 9.28772 		 0.00002
-----------------------------------------------------------------------------
V 		 9.28770 		 9.28770 		 0.00000

Result. 


--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg 
-----------------------------------------------------------------------------
  ADS.DE 	     9.00 	   555.66 	   556.83 	     0.21 
  BMW.DE 	    11.00 	   658.02 	   650.21 	    -1.19 
  IFX.DE 	    98.00 	   567.62 	   574.97 	     1.29 
 VOW3.DE 	    24.00 	  3505.20 	  3525.60 	     0.58 
    cash 	  5463.58 	  5463.58 	  5463.58 	     0.00 
-----------------------------------------------------------------------------
   Total 	   ----   	 10750.07 	 10771.18 	     0.20 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts 	 percentage 
-----------------------------------------------------------------------------
  ADS.DE 	     9.00 	     9.00 	     0.00 	     5.17
  BMW.DE 	    11.00 	    11.00 	     0.00 	     6.04
  IFX.DE 	    98.00 	    98.00 	     0.00 	     5.34
 VOW3.DE 	    24.00 	    24.00 	     0.00 	    32.73
    cash 	  5463.58 	  5463.58 	     0.00 	    50.72
-----------------------------------------------------------------------------
 cash-tc 	  5463.58 	  5463.58 	     0.00

Turnover: 0.00 (0.00%)

-----------------------------------------------------------------------------  
week 42: 2.20% (BTD 7.57%)

Recomputing portfolio vectors...
Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.27978 		 10.00000 		 0.72022
2 		 9.28610 		 9.28631 		 0.00021
3 		 9.28610 		 9.28610 		 0.00000
-----------------------------------------------------------------------------
V 		 9.28610 		 9.28610 		 0.00000

Result. 


--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg 
-----------------------------------------------------------------------------
  ADS.DE 	     9.00 	   547.65 	   555.66 	     1.46 
  BMW.DE 	    11.00 	   640.86 	   658.02 	     2.68 
  IFX.DE 	    98.00 	   564.09 	   567.62 	     0.63 
 VOW3.DE 	    25.00 	  3448.75 	  3651.25 	     5.87 
    cash 	  5324.89 	  5324.89 	  5324.89 	     0.00 
-----------------------------------------------------------------------------
   Total 	   ----   	 10526.24 	 10757.43 	     2.20 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts 	 percentage 
-----------------------------------------------------------------------------
  ADS.DE 	     9.00 	     9.00 	     0.00 	     5.17
  BMW.DE 	    11.00 	    11.00 	     0.00 	     6.12
  IFX.DE 	    98.00 	    98.00 	     0.00 	     5.28
 VOW3.DE 	    25.00 	    24.00 	     7.36 	    32.58
    cash 	  5324.89 	  5470.94 	     0.00 	    50.86
-----------------------------------------------------------------------------
 cash-tc 	  5324.89 	  5463.58 	     0.00

Turnover: 146.05 (1.36%)

-----------------------------------------------------------------------------  
week 40: -2.64% (BTD 2.84%)

Recomputing portfolio vectors...
Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.23536 		 10.00000 		 0.76464
2 		 9.24173 		 9.24190 		 0.00017
3 		 9.24173 		 9.24173 		 -0.00000
-----------------------------------------------------------------------------
V 		 9.24173 		 9.24173 		 -0.00000

Result. 


--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg 
-----------------------------------------------------------------------------
  ADS.DE 	     9.00 	   539.37 	   531.81 	    -1.40 
  BMW.DE 	    11.00 	   657.47 	   608.41 	    -7.46 
  IFX.DE 	    98.00 	   563.30 	   519.40 	    -7.79 
 VOW3.DE 	    25.00 	  3478.75 	  3300.00 	    -5.14 
    cash 	  5324.89 	  5324.89 	  5324.89 	     0.00 
-----------------------------------------------------------------------------
   Total 	   ----   	 10563.78 	 10284.51 	    -2.64 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts 	 percentage 
-----------------------------------------------------------------------------
  ADS.DE 	     9.00 	     9.00 	     0.00 	     5.17
  BMW.DE 	    11.00 	    11.00 	     0.00 	     5.92
  IFX.DE 	    98.00 	    98.00 	     0.00 	     5.05
 VOW3.DE 	    25.00 	    25.00 	     0.00 	    32.09
    cash 	  5324.89 	  5324.89 	     0.00 	    51.78
-----------------------------------------------------------------------------
 cash-tc 	  5324.89 	  5324.89 	     0.00

Turnover: 0.00 (0.00%)

-----------------------------------------------------------------------------  
week 39: 2.36% (BTD 5.71%)

Recomputing portfolio vectors...
Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.26298 		 10.00000 		 0.73702
2 		 9.26881 		 9.26899 		 0.00018
3 		 9.26881 		 9.26881 		 0.00000
-----------------------------------------------------------------------------
V 		 9.26881 		 9.26881 		 0.00000

Result. 


--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg 
-----------------------------------------------------------------------------
  ADS.DE 	     9.00 	   524.70 	   539.37 	     2.80 
  BMW.DE 	    13.00 	   744.25 	   777.01 	     4.40 
  IFX.DE 	    98.00 	   517.05 	   563.30 	     8.95 
 VOW3.DE 	    25.00 	  3328.75 	  3478.75 	     4.51 
    cash 	  5212.44 	  5212.44 	  5212.44 	     0.00 
-----------------------------------------------------------------------------
   Total 	   ----   	 10327.19 	 10570.88 	     2.36 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts 	 percentage 
-----------------------------------------------------------------------------
  ADS.DE 	     9.00 	     9.00 	     0.00 	     5.10
  BMW.DE 	    13.00 	    11.00 	     7.10 	     6.22
  IFX.DE 	    98.00 	    98.00 	     0.00 	     5.33
 VOW3.DE 	    25.00 	    25.00 	     0.00 	    32.91
    cash 	  5212.44 	  5331.98 	     0.00 	    50.44
-----------------------------------------------------------------------------
 cash-tc 	  5212.44 	  5324.89 	     0.00

Turnover: 119.54 (1.13%)

-----------------------------------------------------------------------------  
week 38: 0.83% (BTD 3.33%)

Recomputing portfolio vectors...
Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.23639 		 10.00000 		 0.76361
2 		 9.24612 		 9.24634 		 0.00023
3 		 9.24612 		 9.24612 		 -0.00000
-----------------------------------------------------------------------------
V 		 9.24612 		 9.24612 		 -0.00000

Result. 


--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg 
-----------------------------------------------------------------------------
  ADS.DE 	     9.00 	   522.90 	   524.70 	     0.34 
  BMW.DE 	    13.00 	   766.22 	   744.25 	    -2.87 
  IFX.DE 	    95.00 	   525.35 	   501.22 	    -4.59 
 VOW3.DE 	    25.00 	  3198.75 	  3328.75 	     4.06 
    cash 	  5234.33 	  5234.33 	  5234.33 	     0.00 
-----------------------------------------------------------------------------
   Total 	   ----   	 10247.55 	 10333.25 	     0.84 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts 	 percentage 
-----------------------------------------------------------------------------
  ADS.DE 	     9.00 	     9.00 	     0.00 	     5.08
  BMW.DE 	    13.00 	    13.00 	     0.00 	     7.20
  IFX.DE 	    95.00 	    98.00 	     6.06 	     5.00
 VOW3.DE 	    25.00 	    25.00 	     0.00 	    32.21
    cash 	  5234.33 	  5218.50 	     0.00 	    50.50
-----------------------------------------------------------------------------
 cash-tc 	  5234.33 	  5212.44 	     0.00

Turnover: 15.83 (0.15%)

-----------------------------------------------------------------------------  
week 37: 3.47% (BTD 2.47%)

Recomputing portfolio vectors...
Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.23074 		 10.00000 		 0.76926
2 		 9.23816 		 9.23832 		 0.00016
3 		 9.23816 		 9.23816 		 0.00000
-----------------------------------------------------------------------------
V 		 9.23816 		 9.23816 		 0.00000

Result. 


--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg 
-----------------------------------------------------------------------------
  ADS.DE 	     9.00 	   515.43 	   522.90 	     1.45 
  BMW.DE 	    13.00 	   708.24 	   766.22 	     8.19 
  IFX.DE 	    95.00 	   496.19 	   525.35 	     5.88 
 VOW3.DE 	    25.00 	  2950.00 	  3198.75 	     8.43 
    cash 	  5234.33 	  5234.33 	  5234.33 	     0.00 
-----------------------------------------------------------------------------
   Total 	   ----   	  9904.18 	 10247.55 	     3.47 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts 	 percentage 
-----------------------------------------------------------------------------
  ADS.DE 	     9.00 	     9.00 	     0.00 	     5.10
  BMW.DE 	    13.00 	    13.00 	     0.00 	     7.48
  IFX.DE 	    95.00 	    95.00 	     0.00 	     5.13
 VOW3.DE 	    25.00 	    25.00 	     0.00 	    31.21
    cash 	  5234.33 	  5234.33 	     0.00 	    51.08
-----------------------------------------------------------------------------
 cash-tc 	  5234.33 	  5234.33 	     0.00

Turnover: 0.00 (0.00%)

-----------------------------------------------------------------------------  
week 36: -2.87% (BTD -0.90%)

Recomputing portfolio vectors...
Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.19707 		 10.00000 		 0.80293
2 		 9.20440 		 9.20461 		 0.00021
3 		 9.20441 		 9.20441 		 0.00000
-----------------------------------------------------------------------------
V 		 9.20441 		 9.20441 		 0.00000

Result. 

--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg 
-----------------------------------------------------------------------------
  ADS.DE 	     9.00 	   519.57 	   515.43 	    -0.80 
  BMW.DE 	    13.00 	   761.54 	   708.24 	    -7.00 
  IFX.DE 	    86.00 	   527.09 	   449.18 	   -14.78 
 VOW3.DE 	    25.00 	  3107.50 	  2950.00 	    -5.07 
    cash 	  5287.71 	  5287.71 	  5287.71 	     0.00 
-----------------------------------------------------------------------------
   Total 	   ----   	 10203.41 	  9910.55 	    -2.87 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts 	 percentage 
-----------------------------------------------------------------------------
  ADS.DE 	     9.00 	     9.00 	     0.00 	     5.20
  BMW.DE 	    13.00 	    13.00 	     0.00 	     7.15
  IFX.DE 	    86.00 	    95.00 	     6.37 	     5.01
 VOW3.DE 	    25.00 	    25.00 	     0.00 	    29.77
    cash 	  5287.71 	  5240.70 	     0.00 	    52.88
-----------------------------------------------------------------------------
 cash-tc 	  5287.71 	  5234.33 	     0.00

Turnover: 47.01 (0.47%)
-----------------------------------------------------------------------------  
week 34: 1.16% (BTD +2.03%)

Recomputing portfolio vectors...
Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.22812 		 10.00000 		 0.77188
2 		 9.23365 		 9.23368 		 0.00003
-----------------------------------------------------------------------------
V 		 9.23365 		 9.23365 		 0.00000

Result. 

--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg 
-----------------------------------------------------------------------------
  ADS.DE 	     9.00 	   507.42 	   519.57 	     2.39 
  BMW.DE 	    13.00 	   755.43 	   761.54 	     0.81 
  IFX.DE 	    86.00 	   523.22 	   527.09 	     0.74 
 VOW3.DE 	    25.00 	  3012.50 	  3107.50 	     3.15 
    cash 	  5287.71 	  5287.71 	  5287.71 	     0.00 
-----------------------------------------------------------------------------
   Total 	   ----   	 10086.28 	 10203.41 	     1.16 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts 	 percentage 
-----------------------------------------------------------------------------
  ADS.DE 	     9.00 	     9.00 	     0.00 	     5.09
  BMW.DE 	    13.00 	    13.00 	     0.00 	     7.46
  IFX.DE 	    86.00 	    86.00 	     0.00 	     5.17
 VOW3.DE 	    25.00 	    25.00 	     0.00 	    30.46
    cash 	  5287.71 	  5287.71 	     0.00 	    51.82
-----------------------------------------------------------------------------
 cash-tc 	  5287.71 	  5287.71 	     0.00

Turnover: 0.00 (0.00%)
-----------------------------------------------------------------------------  
week 33: -4.40% (BTD +0.86%)

There have been anomalies in the data for the following symbols: 
['MRK.DE']
Threshold was: 0.8
Trading of these symbols has been deactivated for security reasons!
You can override the choice by manually changing the blacklist
-------------------------------------------------------------------------

Recomputing portfolio vectors...
Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.21711 		 10.00000 		 0.78289
2 		 9.22243 		 9.22258 		 0.00015
3 		 9.22243 		 9.22243 		 0.00000
-----------------------------------------------------------------------------
V 		 9.22243 		 9.22243 		 0.00000

Result. 

--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg 
-----------------------------------------------------------------------------
  ADS.DE 	     9.00 	   544.77 	   507.42 	    -6.86 
  BMW.DE 	    13.00 	   831.87 	   755.43 	    -9.19 
  IFX.DE 	    86.00 	   547.65 	   523.22 	    -4.46 
 VOW3.DE 	    25.00 	  3338.75 	  3012.50 	    -9.77 
    cash 	  5287.71 	  5287.71 	  5287.71 	     0.00 
-----------------------------------------------------------------------------
   Total 	   ----   	 10550.74 	 10086.28 	    -4.40 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts 	 percentage 
-----------------------------------------------------------------------------
  ADS.DE 	     9.00 	     9.00 	     0.00 	     5.03
  BMW.DE 	    13.00 	    13.00 	     0.00 	     7.49
  IFX.DE 	    86.00 	    86.00 	     0.00 	     5.19
 VOW3.DE 	    25.00 	    25.00 	     0.00 	    29.87
    cash 	  5287.71 	  5287.71 	     0.00 	    52.42
-----------------------------------------------------------------------------
 cash-tc 	  5287.71 	  5287.71 	     0.00

Turnover: 0.00 (0.00%)

-----------------------------------------------------------------------------  
week 32: -0.28% (BTD +5.50%)

Recomputing portfolio vectors...
Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.26447 		 10.00000 		 0.73553
2 		 9.26754 		 9.26755 		 0.00001
-----------------------------------------------------------------------------
V 		 9.26754 		 9.26754 		 -0.00000

Result. 

--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg 
-----------------------------------------------------------------------------
  ADS.DE 	     9.00 	   549.63 	   544.77 	    -0.88 
  BMW.DE 	    13.00 	   864.89 	   831.87 	    -3.82 
  IFX.DE 	    86.00 	   573.10 	   547.65 	    -4.44 
 VOW3.DE 	    25.00 	  3305.00 	  3338.75 	     1.02 
    cash 	  5287.71 	  5287.71 	  5287.71 	     0.00 
-----------------------------------------------------------------------------
   Total 	   ----   	 10580.33 	 10550.74 	    -0.28 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts 	 percentage 
-----------------------------------------------------------------------------
  ADS.DE 	     9.00 	     9.00 	     0.00 	     5.16
  BMW.DE 	    13.00 	    13.00 	     0.00 	     7.88
  IFX.DE 	    86.00 	    86.00 	     0.00 	     5.19
 VOW3.DE 	    25.00 	    25.00 	     0.00 	    31.64
    cash 	  5287.71 	  5287.71 	     0.00 	    50.12
-----------------------------------------------------------------------------
 cash-tc 	  5287.71 	  5287.71 	     0.00

Turnover: 0.00 (0.00%)

-----------------------------------------------------------------------------  
week 31: -1.05% (BTD +5.86%)

-------------------------------------------------------------------------
There have been anomalies in the data for the following symbols: 
['MRK.DE']
Threshold was: 0.8
Trading of these symbols has been deactivated for security reasons!
You can override the choice by manually changing the blacklist
-------------------------------------------------------------------------

Recomputing portfolio vectors...
Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.26766 		 10.00000 		 0.73234
2 		 9.27088 		 9.27090 		 0.00002
-----------------------------------------------------------------------------
V 		 9.27088 		 9.27088 		 -0.00000

Result. 

--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg 
-----------------------------------------------------------------------------
  ADS.DE 	     9.00 	   543.24 	   549.63 	     1.18 
  BMW.DE 	    13.00 	   875.55 	   864.89 	    -1.22 
  IFX.DE 	    79.00 	   537.99 	   526.46 	    -2.14 
 VOW3.DE 	    25.00 	  3401.25 	  3305.00 	    -2.83 
    cash 	  5340.72 	  5340.72 	  5340.72 	     0.00 
-----------------------------------------------------------------------------
   Total 	   ----   	 10698.75 	 10586.70 	    -1.05 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts 	 percentage 
-----------------------------------------------------------------------------
  ADS.DE 	     9.00 	     9.00 	     0.00 	     5.19
  BMW.DE 	    13.00 	    13.00 	     0.00 	     8.17
  IFX.DE 	    79.00 	    86.00 	     6.37 	     5.41
 VOW3.DE 	    25.00 	    25.00 	     0.00 	    31.22
    cash 	  5340.72 	  5294.07 	     0.00 	    50.01
-----------------------------------------------------------------------------
 cash-tc 	  5340.72 	  5287.71 	     0.00

Turnover: 46.65 (0.44%)

-----------------------------------------------------------------------------  
week 30: -2.58% (BTD +7.26%)

Recomputing portfolio vectors...
Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.27797 		 10.00000 		 0.72203
2 		 9.28334 		 9.28351 		 0.00017
3 		 9.28334 		 9.28334 		 -0.00000
-----------------------------------------------------------------------------
V 		 9.28334 		 9.28334 		 -0.00000

Result. 

--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg 
-----------------------------------------------------------------------------
  BMW.DE 	    19.00 	  1370.47 	  1279.65 	    -6.63 
  IFX.DE 	    74.00 	   552.19 	   503.94 	    -8.74 
 VOW3.DE 	    25.00 	  3546.25 	  3401.25 	    -4.09 
    cash 	  5541.42 	  5541.42 	  5541.42 	     0.00 
-----------------------------------------------------------------------------
   Total 	   ----   	 11010.33 	 10726.26 	    -2.58 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts 	 percentage 
-----------------------------------------------------------------------------
  BMW.DE 	    19.00 	    13.00 	     9.94 	     8.16
  IFX.DE 	    74.00 	    79.00 	     6.24 	     5.02
 VOW3.DE 	    25.00 	    25.00 	     0.00 	    31.71
    cash 	  5541.42 	  5368.23 	     0.00 	    50.05
  ADS.DE 	     0.00 	     9.00 	    11.33 	     5.06
-----------------------------------------------------------------------------
 cash-tc 	  5541.42 	  5340.72 	     0.00

Turnover: 981.39 (9.15%)

-----------------------------------------------------------------------------  
week 29: 2.77% (BTD +10.17%)

Recomputing portfolio vectors...
Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.30475 		 10.00000 		 0.69525
2 		 9.31063 		 9.31080 		 0.00017
3 		 9.31063 		 9.31063 		 0.00000
-----------------------------------------------------------------------------
V 		 9.31063 		 9.31063 		 0.00000

Result. 

--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg 
-----------------------------------------------------------------------------
  BMW.DE 	    19.00 	  1320.50 	  1370.47 	     3.78 
  IFX.DE 	    74.00 	   562.70 	   552.19 	    -1.87 
 VOW3.DE 	    26.00 	  3430.70 	  3688.10 	     7.50 
    cash 	  5406.89 	  5406.89 	  5406.89 	     0.00 
-----------------------------------------------------------------------------
   Total 	   ----   	 10720.79 	 11017.65 	     2.77 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts 	 percentage 
-----------------------------------------------------------------------------
  BMW.DE 	    19.00 	    19.00 	     0.00 	    12.44
  IFX.DE 	    74.00 	    74.00 	     0.00 	     5.01
 VOW3.DE 	    26.00 	    25.00 	     7.32 	    32.19
    cash 	  5406.89 	  5548.74 	     0.00 	    50.36
-----------------------------------------------------------------------------
 cash-tc 	  5406.89 	  5541.42 	     0.00

Turnover: 141.85 (1.29%)

-----------------------------------------------------------------------------  
week 28: 1.35% (BTD +7.28%)

Recomputing portfolio vectors...
Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.27657 		 10.00000 		 0.72343
2 		 9.28391 		 9.28416 		 0.00026
3 		 9.28391 		 9.28391 		 -0.00000
-----------------------------------------------------------------------------
V 		 9.28391 		 9.28391 		 -0.00000

Result. 

--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg 
-----------------------------------------------------------------------------
  BMW.DE 	    19.00 	  1268.82 	  1320.50 	     4.07 
  IFX.DE 	    74.00 	   552.19 	   562.70 	     1.90 
 VOW3.DE 	    27.00 	  3481.65 	  3562.65 	     2.33 
    cash 	  5282.16 	  5282.16 	  5282.16 	     0.00 
-----------------------------------------------------------------------------
   Total 	   ----   	 10584.82 	 10728.01 	     1.35 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts 	 percentage 
-----------------------------------------------------------------------------
  BMW.DE 	    19.00 	    19.00 	     0.00 	    12.31
  IFX.DE 	    74.00 	    74.00 	     0.00 	     5.25
 VOW3.DE 	    27.00 	    26.00 	     7.22 	    31.98
    cash 	  5282.16 	  5414.11 	     0.00 	    50.47
-----------------------------------------------------------------------------
 cash-tc 	  5282.16 	  5406.89 	     0.00

Turnover: 131.95 (1.23%)

-----------------------------------------------------------------------------  
week 27: -1.33% (BTD +6.05%)

Recomputing portfolio vectors...
Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.26612 		 10.00000 		 0.73388
2 		 9.27208 		 9.27230 		 0.00022
3 		 9.27208 		 9.27208 		 0.00000
-----------------------------------------------------------------------------
V 		 9.27208 		 9.27208 		 0.00000

Result. 

--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg 
-----------------------------------------------------------------------------
  BMW.DE 	    19.00 	  1291.05 	  1268.82 	    -1.72 
  IFX.DE 	     4.00 	    30.58 	    29.85 	    -2.38 
 VOW3.DE 	    30.00 	  3988.50 	  3868.50 	    -3.01 
    cash 	  5438.54 	  5438.54 	  5438.54 	     0.00 
-----------------------------------------------------------------------------
   Total 	   ----   	 10748.67 	 10605.71 	    -1.33 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts 	 percentage 
-----------------------------------------------------------------------------
  BMW.DE 	    19.00 	    19.00 	     0.00 	    11.96
  IFX.DE 	     4.00 	    74.00 	    11.12 	     5.21
 VOW3.DE 	    30.00 	    27.00 	     9.77 	    32.83
    cash 	  5438.54 	  5303.05 	     0.00 	    50.00
-----------------------------------------------------------------------------
 cash-tc 	  5438.54 	  5282.16 	     0.00

Turnover: 909.19 (8.57%)

-----------------------------------------------------------------------------  
week 26: 0.83% (BTD +7.55%)

Recomputing portfolio vectors...
Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.28367 		 10.00000 		 0.71633
2 		 9.28471 		 9.28474 		 0.00003
-----------------------------------------------------------------------------
V 		 9.28471 		 9.28471 		 0.00000

Result. 

--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg 
-----------------------------------------------------------------------------
  BMW.DE 	    21.00 	  1419.39 	  1426.95 	     0.53 
  IFX.DE 	     4.00 	    29.52 	    30.58 	     3.56 
 VOW3.DE 	    30.00 	  3909.00 	  3988.50 	     2.03 
    cash 	  5309.90 	  5309.90 	  5309.90 	     0.00 
-----------------------------------------------------------------------------
   Total 	   ----   	 10667.82 	 10755.93 	     0.83 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts 
-----------------------------------------------------------------------------
  BMW.DE 	    21.00 	    19.00 	     7.26
  IFX.DE 	     4.00 	     4.00 	     0.00
 VOW3.DE 	    30.00 	    30.00 	     0.00
    cash 	  5309.90 	  5445.80 	     0.00
-----------------------------------------------------------------------------
 cash-tc 	  5309.90 	  5438.54 	     0.00

Turnover: 135.90 (1.26%)

-----------------------------------------------------------------------------  
week 25: -1.84% (BTD +7.16%)

Getting current close prices...

Recomputing portfolio vectors...
Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.28081 		 11.00000 		 1.71919
2 		 9.28154 		 9.28174 		 0.00019
3 		 9.28153 		 9.28164 		 0.00010
4 		 9.28156 		 9.28159 		 0.00002
-----------------------------------------------------------------------------
V 		 9.28156 		 9.28156 		 -0.00000

Result. 

--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg 
-----------------------------------------------------------------------------
  IFX.DE 	    17.00 	   129.17 	   125.48 	    -2.86 
 VOW3.DE 	    18.00 	  2542.50 	  2345.40 	    -7.75 
    cash 	  8245.43 	  8245.43 	  8245.43 	     0.00 
-----------------------------------------------------------------------------
   Total 	   ----   	 10917.10 	 10716.31 	    -1.84 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts 
-----------------------------------------------------------------------------
  IFX.DE 	    17.00 	     4.00 	     6.86
 VOW3.DE 	    18.00 	    30.00 	    21.54
    cash 	  8245.43 	  5358.39 	     0.00
  BMW.DE 	     0.00 	    21.00 	    20.09
-----------------------------------------------------------------------------
 cash-tc 	  8245.43 	  5309.90 	     0.00

Turnover: 3078.94 (28.73%)

-----------------------------------------------------------------------------  
week 24: 0.04% (BTD +9.17%)

Recomputing portfolio vectors...
Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.29939 		 11.00000 		 1.70061
2 		 9.29939 		 9.29939 		 0.00000
-----------------------------------------------------------------------------
V 		 9.29939 		 9.29939 		 0.00000

Result. 

--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg 
-----------------------------------------------------------------------------
  IFX.DE 	    17.00 	   128.69 	   129.17 	     0.37 
 VOW3.DE 	    18.00 	  2538.90 	  2542.50 	     0.14 
    cash 	  8245.43 	  8245.43 	  8245.43 	     0.00 
-----------------------------------------------------------------------------
   Total 	   ----   	 10913.02 	 10917.10 	     0.04 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts 
-----------------------------------------------------------------------------
  IFX.DE 	    17.00 	    17.00 	     0.00
 VOW3.DE 	    18.00 	    18.00 	     0.00
    cash 	  8245.43 	  8245.43 	     0.00
-----------------------------------------------------------------------------
 cash-tc 	  8245.43 	  8245.43 	     0.00

Turnover: 0.00 (0.00%)
-----------------------------------------------------------------------------  
week 23: 0.02% (BTD +9.13%)

Recomputing portfolio vectors...
Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.29916 		 11.00000 		 1.70084
2 		 9.29916 		 9.29916 		 -0.00000
-----------------------------------------------------------------------------
V 		 9.29916 		 9.29916 		 -0.00000

Result. 

--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg 
-----------------------------------------------------------------------------
  IFX.DE 	    17.00 	   131.32 	   128.69 	    -2.01 
 VOW3.DE 	    18.00 	  2534.40 	  2538.90 	     0.18 
    cash 	  8245.43 	  8245.43 	  8245.43 	     0.00 
-----------------------------------------------------------------------------
   Total 	   ----   	 10911.15 	 10913.02 	     0.02 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts 
-----------------------------------------------------------------------------
  IFX.DE 	    17.00 	    17.00 	     0.00
 VOW3.DE 	    18.00 	    18.00 	     0.00
    cash 	  8245.43 	  8245.43 	     0.00
-----------------------------------------------------------------------------
 cash-tc 	  8245.43 	  8245.43 	     0.00

Turnover: 0.00 (0.00%)

-----------------------------------------------------------------------------  
week 22: -0.64% (BTD +9.12%)

-------------------------------------------------------------------------
There have been anomalies in the data for the following symbols: 
['MRK.DE']
Threshold was: 0.8
Trading of these symbols has been deactivated for security reasons!
You can override the choice by manually changing the blacklist
-------------------------------------------------------------------------

Recomputing portfolio vectors...
Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.29905 		 11.00000 		 1.70095
2 		 9.29905 		 9.29905 		 -0.00000
-----------------------------------------------------------------------------
V 		 9.29905 		 9.29905 		 -0.00000

Result. 

--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg 
-----------------------------------------------------------------------------
  IFX.DE 	    17.00 	   130.05 	   131.32 	     0.98 
 VOW3.DE 	    18.00 	  2605.50 	  2534.40 	    -2.73 
    cash 	  8245.43 	  8245.43 	  8245.43 	     0.00 
-----------------------------------------------------------------------------
   Total 	   ----   	 10980.98 	 10911.15 	    -0.64 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts 
-----------------------------------------------------------------------------
  IFX.DE 	    17.00 	    17.00 	     0.00
 VOW3.DE 	    18.00 	    18.00 	     0.00
    cash 	  8245.43 	  8245.43 	     0.00
-----------------------------------------------------------------------------
 cash-tc 	  8245.43 	  8245.43 	     0.00

Turnover: 0.00 (0.00%)

-----------------------------------------------------------------------------  
week 21: 0.70% (BTD +9.81%)

-------------------------------------------------------------------------
There have been anomalies in the data for the following symbols: 
['MRK.DE']
Threshold was: 0.8
Trading of these symbols has been deactivated for security reasons!
You can override the choice by manually changing the blacklist
-------------------------------------------------------------------------

Recomputing portfolio vectors...
Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.30544 		 11.00000 		 1.69456
2 		 9.30544 		 9.30544 		 -0.00000
-----------------------------------------------------------------------------
V 		 9.30544 		 9.30544 		 -0.00000

Result. 

--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg 
-----------------------------------------------------------------------------
  IFX.DE 	    17.00 	   120.75 	   130.05 	     7.70 
 VOW3.DE 	    18.00 	  2538.90 	  2605.50 	     2.62 
    cash 	  8245.43 	  8245.43 	  8245.43 	     0.00 
-----------------------------------------------------------------------------
   Total 	   ----   	 10905.08 	 10980.98 	     0.70 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts 
-----------------------------------------------------------------------------
  IFX.DE 	    17.00 	    17.00 	     0.00
 VOW3.DE 	    18.00 	    18.00 	     0.00
    cash 	  8245.43 	  8245.43 	     0.00
-----------------------------------------------------------------------------
 cash-tc 	  8245.43 	  8245.43 	     0.00

Turnover: 0.00 (0.00%)

-----------------------------------------------------------------------------  
week 20: -0.18% (BTD +9.06%)

-------------------------------------------------------------------------
There have been anomalies in the data for the following symbols: 
['MRK.DE']
Threshold was: 0.8
Trading of these symbols has been deactivated for security reasons!
You can override the choice by manually changing the blacklist
-------------------------------------------------------------------------

Recomputing portfolio vectors...
Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.24119 		 11.00000 		 1.75881
2 		 9.29848 		 9.30016 		 0.00167
3 		 9.29848 		 9.29848 		 0.00000
-----------------------------------------------------------------------------
V 		 9.29848 		 9.29848 		 0.00000

Result. 

--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg 
-----------------------------------------------------------------------------
  IFX.DE 	    17.00 	   127.91 	   120.75 	    -5.60 
 VOW3.DE 	    18.00 	  2551.50 	  2538.90 	    -0.49 
    cash 	  8245.43 	  8245.43 	  8245.43 	     0.00 
-----------------------------------------------------------------------------
   Total 	   ----   	 10924.84 	 10905.08 	    -0.18 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts 
-----------------------------------------------------------------------------
 VOW3.DE 	    18.00 	    18.00 	     0.00
  IFX.DE 	    17.00 	    17.00 	     0.00
    cash 	  8245.43 	  8245.43 	     0.00
-----------------------------------------------------------------------------
 cash-tc 	  8245.43 	  8245.43 	     0.00

Turnover: 0.00 (0.00%)

-----------------------------------------------------------------------------  
week 19: 0.64% (BTD +9.24%)

-------------------------------------------------------------------------
There have been anomalies in the data for the following symbols: 
['MRK.DE']
Threshold was: 0.8
Trading of these symbols has been deactivated for security reasons!
You can override the choice by manually changing the blacklist
-------------------------------------------------------------------------

Recomputing portfolio vectors...
Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.24327 		 11.00000 		 1.75673
2 		 9.30037 		 9.30204 		 0.00166
3 		 9.30037 		 9.30037 		 0.00000
-----------------------------------------------------------------------------
V 		 9.30037 		 9.30037 		 0.00000

Result. 

--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg 
-----------------------------------------------------------------------------
  IFX.DE 	    17.00 	   124.49 	   127.91 	     2.74 
 VOW3.DE 	    18.00 	  2485.80 	  2551.50 	     2.64 
    cash 	  8245.43 	  8245.43 	  8245.43 	     0.00 
-----------------------------------------------------------------------------
   Total 	   ----   	 10855.72 	 10924.84 	     0.64 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts 
-----------------------------------------------------------------------------
 VOW3.DE 	    18.00 	    18.00 	     0.00
  IFX.DE 	    17.00 	    17.00 	     0.00
    cash 	  8245.43 	  8245.43 	     0.00
-----------------------------------------------------------------------------
 cash-tc 	  8245.43 	  8245.43 	     0.00

Turnover: 0.00 (0.00%)

-----------------------------------------------------------------------------  
week 18: -0.20% (BTD +8.56%)

-------------------------------------------------------------------------
There have been anomalies in the data for the following symbols: 
['SDF.DE']
Threshold was: 0.8
Trading of these symbols has been deactivated for security reasons!
You can override the choice by manually changing the blacklist
-------------------------------------------------------------------------

Recomputing portfolio vectors...
Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.23681 		 11.00000 		 1.76319
2 		 9.29398 		 9.29565 		 0.00167
3 		 9.29398 		 9.29398 		 0.00000
-----------------------------------------------------------------------------
V 		 9.29398 		 9.29398 		 0.00000

Result. 

--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg 
-----------------------------------------------------------------------------
  IFX.DE 	    17.00 	   120.60 	   124.49 	     3.23 
 VOW3.DE 	    18.00 	  2511.00 	  2485.80 	    -1.00 
    cash 	  8245.43 	  8245.43 	  8245.43 	     0.00 
-----------------------------------------------------------------------------
   Total 	   ----   	 10877.03 	 10855.72 	    -0.20 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts 
-----------------------------------------------------------------------------
 VOW3.DE 	    18.00 	    18.00 	     0.00
  IFX.DE 	    17.00 	    17.00 	     0.00
    cash 	  8245.43 	  8245.43 	     0.00
-----------------------------------------------------------------------------
 cash-tc 	  8245.43 	  8245.43 	     0.00

Turnover: 0.00 (0.00%)

-----------------------------------------------------------------------------  
week 17: 1.48% (BTD +8.84%)
-------------------------------------------------------------------------

There have been anomalies in the data for the following symbols:
['MRK.DE']
Threshold was: 0.8
Trading of these symbols has been deactivated for security reasons!
You can override the choice by manually changing the blacklist
-------------------------------------------------------------------------

Recomputing portfolio vectors...
Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.23953 		 11.00000 		 1.76047
2 		 9.29623 		 9.29787 		 0.00164
3 		 9.29623 		 9.29623 		 0.00000
-----------------------------------------------------------------------------
V 		 9.29623 		 9.29623 		 0.00000

Result. 

--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg
-----------------------------------------------------------------------------
  IFX.DE 	    17.00 	   116.96 	   120.60 	     3.11
 VOW3.DE 	    19.00 	  2495.65 	  2650.50 	     6.20
    cash 	  8113.22 	  8113.22 	  8113.22 	     0.00
-----------------------------------------------------------------------------
   Total 	   ----   	 10725.83 	 10884.32 	     1.48 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts
-----------------------------------------------------------------------------
 VOW3.DE 	    19.00 	    18.00 	     7.29
  IFX.DE 	    17.00 	    17.00 	     0.00
    cash 	  8113.22 	  8252.72 	     0.00
-----------------------------------------------------------------------------
 cash-tc 	  8113.22 	  8245.43 	     0.00

Turnover: 139.50 (1.28%)

-----------------------------------------------------------------------------  
week 16: 1.94% (BTD +7.33%)

-------------------------------------------------------------------------
There have been anomalies in the data for the following symbols:
['SDF.DE', 'MRK.DE']
Threshold was: 0.8
Trading of these symbols has been deactivated for security reasons!
You can override the choice by manually changing the blacklist
-------------------------------------------------------------------------

Recomputing portfolio vectors...
Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.22671 		 11.00000 		 1.77329
2 		 9.28212 		 9.28369 		 0.00157
3 		 9.28212 		 9.28212 		 0.00000
-----------------------------------------------------------------------------
V 		 9.28212 		 9.28212 		 0.00000

Result. 

--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg
-----------------------------------------------------------------------------
  IFX.DE 	    17.00 	   104.77 	   116.96 	    11.63
 VOW3.DE 	    20.00 	  2435.00 	  2627.00 	     7.89
    cash 	  7989.09 	  7989.09 	  7989.09 	     0.00
-----------------------------------------------------------------------------
   Total 	   ----   	 10528.86 	 10733.05 	     1.94 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts
-----------------------------------------------------------------------------
 VOW3.DE 	    20.00 	    19.00 	     7.21
  IFX.DE 	    17.00 	    17.00 	     0.00
    cash 	  7989.09 	  8120.44 	     0.00
-----------------------------------------------------------------------------
 cash-tc 	  7989.09 	  8113.22 	     0.00

Turnover: 131.35 (1.22%)

-----------------------------------------------------------------------------  

week 15: -0.21% (BTD +5.28%)
-------------------------------------------------------------------------
There have been anomalies in the data for the following symbols:
['MRK.DE']
Threshold was: 0.8
Trading of these symbols has been deactivated for security reasons!
You can override the choice by manually changing the blacklist
-------------------------------------------------------------------------

Recomputing portfolio vectors...
Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.20614 		 11.00000 		 1.79386
2 		 9.26332 		 9.26499 		 0.00167
3 		 9.26332 		 9.26332 		 0.00000
-----------------------------------------------------------------------------
V 		 9.26332 		 9.26332 		 0.00000

Result. 

--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg
-----------------------------------------------------------------------------
  IFX.DE 	    17.00 	   103.38 	   104.77 	     1.35
 VOW3.DE 	    20.00 	  2459.00 	  2435.00 	    -0.98
    cash 	  7989.09 	  7989.09 	  7989.09 	     0.00
-----------------------------------------------------------------------------
   Total 	   ----   	 10551.47 	 10528.86 	    -0.21 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts
-----------------------------------------------------------------------------
 VOW3.DE 	    20.00 	    20.00 	     0.00
  IFX.DE 	    17.00 	    17.00 	     0.00
    cash 	  7989.09 	  7989.09 	     0.00
-----------------------------------------------------------------------------
 cash-tc 	  7989.09 	  7989.09 	     0.00

Turnover: 0.00 (0.00%)

-----------------------------------------------------------------------------  
week 14: 1.40% (BTD +5.58%)

-------------------------------------------------------------------------
There have been anomalies in the data for the following symbols:
['MRK.DE']
Threshold was: 0.8
Trading of these symbols has been deactivated for security reasons!
You can override the choice by manually changing the blacklist
-------------------------------------------------------------------------

Recomputing portfolio vectors...
Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.20887 		 11.00000 		 1.79113
2 		 9.26573 		 9.26738 		 0.00165
3 		 9.26573 		 9.26573 		 0.00000
-----------------------------------------------------------------------------
V 		 9.26573 		 9.26573 		 0.00000

Result. 

--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg
-----------------------------------------------------------------------------
  IFX.DE 	    17.00 	    95.27 	   103.38 	     8.51
 VOW3.DE 	    21.00 	  2443.35 	  2581.95 	     5.67
    cash 	  7873.27 	  7873.27 	  7873.27 	     0.00
-----------------------------------------------------------------------------
   Total 	   ----   	 10411.89 	 10558.59 	     1.41 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts
-----------------------------------------------------------------------------
 VOW3.DE 	    21.00 	    20.00 	     7.13
  IFX.DE 	    17.00 	    17.00 	     0.00
    cash 	  7873.27 	  7996.22 	     0.00
-----------------------------------------------------------------------------
 cash-tc 	  7873.27 	  7989.09 	     0.00

Turnover: 122.95 (1.16%)

----------------------------------------------------------------------------- 
week 13: -1.03% (BTD +4.11%)

-------------------------------------------------------------------------
There have been anomalies in the data for the following symbols:
['SDF.DE', 'MRK.DE']
Threshold was: 0.8
Trading of these symbols has been deactivated for security reasons!
You can override the choice by manually changing the blacklist
-------------------------------------------------------------------------

Recomputing portfolio vectors...
Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.19814 		 11.00000 		 1.80186
2 		 9.25214 		 9.25362 		 0.00149
3 		 9.25214 		 9.25214 		 0.00000
-----------------------------------------------------------------------------
V 		 9.25214 		 9.25214 		 0.00000

Result. 

--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg
-----------------------------------------------------------------------------
  IFX.DE 	    17.00 	    98.34 	    95.27 	    -3.13
 VOW3.DE 	    21.00 	  2548.35 	  2443.35 	    -4.12
    cash 	  7873.27 	  7873.27 	  7873.27 	     0.00
-----------------------------------------------------------------------------
   Total 	   ----   	 10519.96 	 10411.89 	    -1.03 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts
-----------------------------------------------------------------------------
 VOW3.DE 	    21.00 	    21.00 	     0.00
  IFX.DE 	    17.00 	    17.00 	     0.00
    cash 	  7873.27 	  7873.27 	     0.00
-----------------------------------------------------------------------------
 cash-tc 	  7873.27 	  7873.27 	     0.00

Turnover: 0.00 (0.00%)

—————————————————————————– 
week 12: 0.25% (BTD +5.91%)

————————————————————————-
There have been anomalies in the data for the following symbols:
[‘SDF.DE’, ‘MRK.DE’]
Threshold was: 0.8
Trading of these symbols has been deactivated for security reasons!
You can override the choice by manually changing the blacklist
————————————————————————-

Recomputing portfolio vectors…
Itn LB UB error
—————————————————————————–
1 9.26810 11.00000 1.73190
2 9.26924 9.26937 0.00013
3 9.26925 9.26925 0.00000
—————————————————————————–
V 9.26925 9.26925 -0.00000

Result.

–= Portfolio Statistics =–

Symbol curAss lastVal curVal chg
—————————————————————————–
MRK.DE 36.00 2615.40 2641.32 0.99
cash 7949.22 7949.22 7949.22 0.00
—————————————————————————–
Total —- 10564.62 10590.54 0.25

–= Portfolio Changelog =–

Symbol curAss newAss tcosts
—————————————————————————–
VOW3.DE 0.00 21.00 31.38
IFX.DE 0.00 17.00 6.88
MRK.DE 36.00 0.00 32.31
cash 7949.22 7943.85 0.00
—————————————————————————–
cash-tc 7949.22 7873.27 0.00

Turnover: 5288.01 (49.93%)

—————————————————————————–

week 11: 0.96% (BTD +6.02%)
 
Recomputing portfolio vectors…
Itn LB UB error
—————————————————————————–
1 9.27032 11.00000 1.72968
2 9.27033 9.27033 0.00000
—————————————————————————–
V 9.27033 9.27098 0.00065

Result.

–= Portfolio Statistics =–

Symbol curAss lastVal curVal chg
—————————————————————————–
MRK.DE 19.00 1363.06 1380.35 1.27
VOW3.DE 10.00 1205.00 1289.00 6.97
cash 7932.31 7932.31 7932.31 0.00
—————————————————————————–
Total —- 10500.37 10601.66 0.96

–= Portfolio Changelog =–

Symbol curAss newAss tcosts
—————————————————————————–
MRK.DE 19.00 36.00 18.25
VOW3.DE 10.00 0.00 18.79
cash 7932.31 7986.26 0.00
—————————————————————————–
cash-tc 7932.31 7949.22 0.00

Turnover: 2524.05 (23.81%)

----------------------------------------------------------------------------- 

week 10: 0.34% (BTD +5.57%) 
(note: the difference to week 9 is due to transaction cost)

Recomputing portfolio vectors...
Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.26606 		 11.00000 		 1.73394
2 		 9.26609 		 9.26675 		 0.00066
3 		 9.26624 		 9.26638 		 0.00014
4 		 9.26623 		 9.26626 		 0.00004
-----------------------------------------------------------------------------
V 		 9.26623 		 9.26622 		 -0.00000

Result. 

--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg
-----------------------------------------------------------------------------
  DB1.DE 	     3.00 	   126.36 	   130.77 	     3.49
  CBK.DE 	    19.00 	    25.75 	    25.14 	    -2.36
  DTE.DE 	     4.00 	    35.96 	    36.42 	     1.28
  SDF.DE 	     3.00 	   114.73 	   117.10 	     2.07
 VOW3.DE 	     6.00 	   694.20 	   723.00 	     4.15
    cash 	  9524.89 	  9524.89 	  9524.89 	     0.00
-----------------------------------------------------------------------------
   Total 	   ----   	 10521.89 	 10557.32 	     0.34 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts
-----------------------------------------------------------------------------
  DB1.DE 	     3.00 	     0.00 	     7.21
  CBK.DE 	    19.00 	     0.00 	     6.15
  DTE.DE 	     4.00 	     0.00 	     6.26
  SDF.DE 	     3.00 	     0.00 	     7.07
 VOW3.DE 	     6.00 	    10.00 	    10.72
    cash 	  9524.89 	  7989.26 	     0.00
  MRK.DE 	     0.00 	    19.00 	    19.53
-----------------------------------------------------------------------------
 cash-tc 	  9524.89 	  7932.31 	     0.00

Turnover: 2154.49 (20.41%)

----------------------------------------------------------------------------- 
week 9: -4.13% (BTD +5.67%)

Recomputing portfolio vectors...
Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.21702 		 10.00000 		 0.78298
2 		 9.26192 		 9.26298 		 0.00106
3 		 9.26192 		 9.26192 		 0.00000
-----------------------------------------------------------------------------
V 		 9.26192 		 9.26192 		 0.00000

Result. 

--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg
-----------------------------------------------------------------------------
  DB1.DE 	     3.00 	   122.55 	   126.36 	     3.11
  CBK.DE 	    19.00 	    29.35 	    25.75 	   -12.30
  DTE.DE 	     4.00 	    37.07 	    35.96 	    -2.99
  SDF.DE 	     3.00 	   122.90 	   114.73 	    -6.64
 VOW3.DE 	    40.00 	  5074.00 	  4628.00 	    -8.79
    cash 	  5636.32 	  5636.32 	  5636.32 	     0.00
-----------------------------------------------------------------------------
   Total 	   ----   	 11022.19 	 10567.12 	    -4.13 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts
-----------------------------------------------------------------------------
  DB1.DE 	     3.00 	     3.00 	     0.00
  CBK.DE 	    19.00 	    19.00 	     0.00
  DTE.DE 	     4.00 	     4.00 	     0.00
  SDF.DE 	     3.00 	     3.00 	     0.00
 VOW3.DE 	    40.00 	     6.00 	    45.24
    cash 	  5636.32 	  9570.12 	     0.00
-----------------------------------------------------------------------------
 cash-tc 	  5636.32 	  9524.89 	     0.00

 Turnover: 3933.80 (37.23%)


-----------------------------------------------------------------------------

week 8: -0.56% (BTD +10.22%)
Recomputing portfolio vectors...
Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.14141 		 10.00000 		 0.85859
2 		 9.31010 		 9.32520 		 0.01511
3 		 9.31010 		 9.31010 		 0.00000
-----------------------------------------------------------------------------
V 		 9.31010 		 9.31010 		 0.00000

Result. 

--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg
-----------------------------------------------------------------------------
  DB1.DE 	     3.00 	   127.35 	   122.55 	    -3.77
  CBK.DE 	    19.00 	    31.41 	    29.35 	    -6.53
  DTE.DE 	     4.00 	    36.26 	    37.07 	     2.24
  SDF.DE 	     3.00 	   136.80 	   122.90 	   -10.16
 VOW3.DE 	    40.00 	  5116.00 	  5074.00 	    -0.82
    cash 	  5636.32 	  5636.32 	  5636.32 	     0.00
-----------------------------------------------------------------------------
   Total 	   ----   	 11084.14 	 11022.19 	    -0.56 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts
-----------------------------------------------------------------------------
  DB1.DE 	     3.00 	     3.00 	     0.00
  CBK.DE 	    19.00 	    19.00 	     0.00
  DTE.DE 	     4.00 	     4.00 	     0.00
  SDF.DE 	     3.00 	     3.00 	     0.00
 VOW3.DE 	    40.00 	    40.00 	     0.00
    cash 	  5636.32 	  5636.32 	     0.00
-----------------------------------------------------------------------------
 cash-tc 	  5636.32 	  5636.32 	     0.00

Turnover: 0.00 (0.00%)
 
-----------------------------------------------------------------------------

week 7: -0.07% (BTD +10.84%)
Recomputing portfolio vectors...
Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.14692 		 10.00000 		 0.85308
2 		 9.31568 		 9.33080 		 0.01512
3 		 9.31568 		 9.31568 		 0.00000
-----------------------------------------------------------------------------
V 		 9.31568 		 9.31568 		 0.00000

Result. 

--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg
-----------------------------------------------------------------------------
  DB1.DE 	     3.00 	   121.97 	   127.35 	     4.42
  CBK.DE 	    19.00 	    34.10 	    31.41 	    -7.91
  DTE.DE 	     4.00 	    37.14 	    36.26 	    -2.39
  SDF.DE 	     3.00 	   138.19 	   136.80 	    -1.01
 VOW3.DE 	    40.00 	  5124.00 	  5116.00 	    -0.16
    cash 	  5636.32 	  5636.32 	  5636.32 	     0.00
-----------------------------------------------------------------------------
   Total 	   ----   	 11091.73 	 11084.14 	    -0.07 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts
-----------------------------------------------------------------------------
  DB1.DE 	     3.00 	     3.00 	     0.00
  CBK.DE 	    19.00 	    19.00 	     0.00
  DTE.DE 	     4.00 	     4.00 	     0.00
  SDF.DE 	     3.00 	     3.00 	     0.00
 VOW3.DE 	    40.00 	    40.00 	     0.00
    cash 	  5636.32 	  5636.32 	     0.00
-----------------------------------------------------------------------------
 cash-tc 	  5636.32 	  5636.32 	     0.00

Turnover: 0.00 (0.00%)

-----------------------------------------------------------------------------

week 6: +2.28% (BTD +10.99%)
Recomputing portfolio vectors...
Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.14793 		 10.00000 		 0.85207
2 		 9.31634 		 9.33140 		 0.01506
3 		 9.31634 		 9.31634 		 0.00000
-----------------------------------------------------------------------------
V 		 9.31634 		 9.31634 		 0.00000

Result. 

--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg
-----------------------------------------------------------------------------
  DB1.DE 	     3.00 	   123.30 	   121.97 	    -1.08
  CBK.DE 	    19.00 	    33.42 	    34.10 	     2.05
  DTE.DE 	     4.00 	    36.54 	    37.14 	     1.66
  SDF.DE 	     3.00 	   141.21 	   138.19 	    -2.14
 VOW3.DE 	    41.00 	  5002.00 	  5252.10 	     5.00
    cash 	  5515.41 	  5515.41 	  5515.41 	     0.00
-----------------------------------------------------------------------------
   Total 	   ----   	 10851.87 	 11098.91 	     2.28 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts
-----------------------------------------------------------------------------
  DB1.DE 	     3.00 	     3.00 	     0.00
  CBK.DE 	    19.00 	    19.00 	     0.00
  DTE.DE 	     4.00 	     4.00 	     0.00
  SDF.DE 	     3.00 	     3.00 	     0.00
 VOW3.DE 	    41.00 	    40.00 	     7.18
    cash 	  5515.41 	  5643.51 	     0.00
-----------------------------------------------------------------------------
 cash-tc 	  5515.41 	  5636.32 	     0.00

Turnover: 128.10 (1.15%)
 
 
-----------------------------------------------------------------------------
week 5: +5.13% (BTD +8.61%)

Recomputing portfolio vectors...
Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 9.12541 		 10.00000 		 0.87459
2 		 9.29431 		 9.30945 		 0.01514
3 		 9.29431 		 9.29431 		 0.00000
-----------------------------------------------------------------------------
V 		 9.29431 		 9.29431 		 0.00000

Result. 

--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg
-----------------------------------------------------------------------------
  DB1.DE 	     3.00 	   123.30 	   123.30 	     0.00
  CBK.DE 	    19.00 	    29.47 	    33.42 	    13.41
  DTE.DE 	     4.00 	    37.56 	    36.54 	    -2.73
  SDF.DE 	     3.00 	   128.95 	   141.21 	     9.50
 VOW3.DE 	    44.00 	  4853.20 	  5368.00 	    10.61
    cash 	  5158.97 	  5158.97 	  5158.97 	     0.00
-----------------------------------------------------------------------------
   Total 	   ----   	 10331.45 	 10861.43 	     5.13 

--= Portfolio Changelog =--
  Symbol 	   curAss 	   newAss 	   tcosts
-----------------------------------------------------------------------------
  DB1.DE 	     3.00 	     3.00 	     0.00
  CBK.DE 	    19.00 	    19.00 	     0.00
  DTE.DE 	     4.00 	     4.00 	     0.00
  SDF.DE 	     3.00 	     3.00 	     0.00
 VOW3.DE 	    44.00 	    41.00 	     9.56
    cash 	  5158.97 	  5524.97 	     0.00
-----------------------------------------------------------------------------
 cash-tc 	  5158.97 	  5515.41 	     0.00

Turnover: 366.00 (3.37%)

-----------------------------------------------------------------------------
week 4: +2.53% (BTD +3.45%)

Recomputing portfolio vectors...
Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 6.86198 		 10.00000 		 3.13802
2 		 8.49813 		 10.00000 		 1.50187
3 		 8.63318 		 8.64277 		 0.00959
4 		 8.63318 		 8.63318 		 -0.00000
-----------------------------------------------------------------------------
V 		 8.63318 		 8.63318 		 -0.00000

Result. 

--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg
-----------------------------------------------------------------------------
  DB1.DE 	     7.00 	   282.45 	   287.70 	     1.86
  DTE.DE 	     4.00 	    37.32 	    37.56 	     0.64
  SDF.DE 	     3.00 	   125.70 	   128.95 	     2.59
 VOW3.DE 	    44.00 	  4606.80 	  4853.20 	     5.35
    cash 	  5037.77 	  5037.77 	  5037.77 	     0.00
-----------------------------------------------------------------------------
   Total 	   ----   	 10090.04 	 10345.19 	     2.53 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts
-----------------------------------------------------------------------------
  DB1.DE 	     7.00 	     3.00 	     7.54
  DTE.DE 	     4.00 	     4.00 	     0.00
  SDF.DE 	     3.00 	     3.00 	     0.00
 VOW3.DE 	    44.00 	    44.00 	     0.00
    cash 	  5037.77 	  5172.70 	     0.00
  CBK.DE 	     0.00 	    19.00 	     6.19
-----------------------------------------------------------------------------
 cash-tc 	  5037.77 	  5158.97 	     0.00

Turnover: 193.87 (1.87%)
-----------------------------------------------------------------------------

week 3: +8.05% (BTD +1.06%)

Recomputing portfolio vectors...
Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 8.59645 		 10.00000 		 1.40355
2 		 8.60826 		 8.60835 		 0.00008
-----------------------------------------------------------------------------
V 		 8.60826 		 8.60840 		 0.00014

Result. 

--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg
-----------------------------------------------------------------------------
  DB1.DE 	     7.00 	   257.85 	   282.45 	     9.54
  SDF.DE 	     3.00 	   107.82 	   125.70 	    16.58
 VOW3.DE 	    48.00 	  4315.20 	  5025.60 	    16.46
    cash 	  4672.65 	  4672.65 	  4672.65 	     0.00
-----------------------------------------------------------------------------
   Total 	   ----   	  9353.52 	 10106.40 	     8.05 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts
-----------------------------------------------------------------------------
  DB1.DE 	     7.00 	     7.00 	     0.00
  SDF.DE 	     3.00 	     3.00 	     0.00
 VOW3.DE 	    48.00 	    44.00 	    10.09
    cash 	  4672.65 	  5054.13 	     0.00
  DTE.DE 	     0.00 	     4.00 	     6.27
-----------------------------------------------------------------------------
 cash-tc 	  4672.65 	  5037.77 	     0.00

Turnover: 456.12 (4.51%)

-----------------------------------------------------------------------------

week 2: -5.80% (BTD -5.80%)

Recomputing portfolio vectors...
Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 6.45815 		 10.00000 		 3.54185
2 		 8.48843 		 10.00000 		 1.51157
3 		 8.53412 		 8.53519 		 0.00107
4 		 8.53412 		 8.53412 		 -0.00000
-----------------------------------------------------------------------------
V 		 8.53412 		 8.53412 		 -0.00000

Result. 

--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg
-----------------------------------------------------------------------------
  SDF.DE 	     3.00 	   124.83 	   107.82 	   -13.63
 VOW3.DE 	    48.00 	  4874.40 	  4315.20 	   -11.47
    cash 	  4938.98 	  4938.98 	  4938.98 	     0.00
-----------------------------------------------------------------------------
   Total 	   ----   	  9938.21 	  9362.00 	    -5.80 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts
-----------------------------------------------------------------------------
  SDF.DE 	     3.00 	     3.00 	     0.00
 VOW3.DE 	    48.00 	    48.00 	     0.00
    cash 	  4938.98 	  4681.13 	     0.00
  DB1.DE 	     0.00 	     7.00 	     8.48
-----------------------------------------------------------------------------
 cash-tc 	  4938.98 	  4672.65 	     0.00

Turnover: 257.85 (2.75%)
 
-----------------------------------------------------------------------------

week 1:

Recomputing portfolio vectors...
Itn 		 LB 			 UB 			 error
-----------------------------------------------------------------------------
1 		 6.52047 		 11.00000 		 4.47953
2 		 8.55666 		 11.00000 		 2.44334
3 		 8.58895 		 8.59258 		 0.00363
4 		 8.58988 		 8.59172 		 0.00184
5 		 8.59061 		 8.59132 		 0.00071
6 		 8.59051 		 8.59058 		 0.00007
-----------------------------------------------------------------------------
V 		 8.59051 		 8.59051 		 0.00000

Result. 

--= Portfolio Statistics =--

  Symbol 	   curAss 	  lastVal 	   curVal 	      chg
-----------------------------------------------------------------------------
    cash 	 10000.00 	 10000.00 	 10000.00 	     0.00
-----------------------------------------------------------------------------
   Total 	   ----   	 10000.00 	 10000.00 	     0.00 

--= Portfolio Changelog =--

  Symbol 	   curAss 	   newAss 	   tcosts
-----------------------------------------------------------------------------
    cash 	 10000.00 	  5000.77 	     0.00
  SDF.DE 	     0.00 	     3.00 	     7.15
 VOW3.DE 	     0.00 	    48.00 	    54.64
-----------------------------------------------------------------------------
 cash-tc 	 10000.00 	  4938.98 	     0.00

Turnover: 4999.23 (49.99%)

Written by Sebastian

October 15, 2011 at 11:55 am

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