Financial Report August 2015
Dear Robin Hood Member,
You may have noticed that within the last two weeks our portfolio has decreased in value 13% (from $756,594.56 to $656,272.62). The markets are very nervous as we have not seen this type of down movements for many years.
This is what our algorithm has been telling us to do:
About a month ago our algorithm started having difficulties in finding new good investment opportunities. We interpreted it as a sign to get out of some of our riskier positions, and bought more of the less volatile stocks, such as Microsoft. Our risk metrics from the beginning of the year are: Sharpe ratio 0.70, Sortino ratio 4.44, and Calmar ratio 1.42.
There has also been some short hedge fund attacks and one of our positions, https://anfi.com/, became a victim of that. Anfi is not a US company, and it has been a bit slow defending itself. The media has further complicated the situation with headlines talking about fraud.
In general, we are holding on and waiting for a bounce back of the markets. That is what the best actors on the market are now doing. In addition, they are taking advantage of the situation and loading more stocks to their positions. They are especially interested in the US market companies. Our algorithm is telling us to follow. The best companies, which the algorithm has picked earlier are still the most prospective stocks, and in the algorithm’s interpretation the best place for our money. Sooner or later the market will put the right valuation on them.
The algorithm has tested well in historical situations like this. Now is the time to keep our cool. The next month’s investment series could easily become our best performing series when the markets bounce back.
If you have any questions, please do not hesitate to write to us contact@robinhoodocoop.org.
Best regards,
The Robin Hood team
MailScanner has detected a possible fraud attempt from "robinhoodcoop.us5.list-manage2.com" claiming to be www.robinhoodcoop.org
MailScanner has detected a possible fraud attempt from "robinhoodcoop.us5.list-manage1.com" claiming to be http://blog.robinhoodcoop.org/
MailScanner has detected a possible fraud attempt from "robinhoodcoop.us5.list-manage1.com" claiming to be http://media.robinhoodcoop.org/
Be proud of being part of such movement. Being a member of our cooperative is a significant political stand and way to increase your financial autonomy.
GET INVOLVED
How to Became a Member?
Join now on our website or click the button on the right side of this letter. Register and book your first shares. After confirming your email address, you will get instructions for payment.
Get On Board and Participate:
If you have any questions, ideas or proposals feel free to contact us.
contact@robinhoodcoop.org
projects@robinhoodcoop.org
help@robinhoodcoop.org
SPREAD THE WORD!
Please, help us continue by spreading the word!
Below is an example of tweet/facebook update that you can use, or, better yet, write your own!
Robin Hood Cooperative is the wild side of finance!
www.robinhoodcoop.org/ #RHMAM #RHcooperative #commons #newEquity @RobinHoodMAM
ROBIN HOOD ON KEISER REPORT
Also good to spread! One of our software engineers, Daniel Hassan, was interviewed by Max Keiser at his program Keiser Report. Find the video HERE .
