Monday, December 12, 2011

Students rock the UCU Investment Challenge boat


The students taking part in UCU Investment Challenge

As of Friday night, Lara F., a McGill student was leading the UCU Investment Challenge and a total of 4 students were in the Top Ten. Lara stands to win a $1,000 investment into her financial future. Not a bad result. As a whole, good job students, you're outperforming your share of the field, since just under 30% of our contestants are students, but they make up 40% of the top ten. (for a chart with all of the participants click here, and for a list of all portfolio values as of December 9, click here).

We'd love to see even more students in UCU Investment Challenge 2! If you want to join, you'll have to sign up before Janaury 13, click here.

Now, for those who love charts and possibly useless statistics as much as I do, below are a couple of intereting charts. The first shows how the current Top Ten have performed relative to each other over the course of the challenge. With the exception of a couple of highs and one drastic low, they have not really strayed too far from each other.

The second chart adds in Marc M. (light bliue line) whose portfolio rose into the stratosphere on the strength of one relatively obscure stock, but it's dropped back down since. He's still in the money, which is good, but it shows just how unforgiving a mistress the market is. Still a couple of days to go though, so everything can turn around yet again.

The rise and fall of Marc M. Will the final days of the
UCU Investment Challenge see our long-time leader retake 1st place?
Or is the $1,000 prize someone else's to take home?
Read more of what's happened so far during the first UCU Investment Challenge here.






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