2024 IIM Lucky 12 - Unoptimized
IIM Think Tank Equity Portfolio Model (for 2024 Starting Positions) Stock Picks, Position Sizing & Re-balancing (buy, sell and hold signals) are based on proprietary IIM macro-quant-mental algorithm, aiming to beat 99% of hedge funds over the long term. This portfolio ignores flawed industry and academic theory such as Sharpe ratio, DCF, diversification, and volatility. Instead its Algo focuses on real-money USD return over the long term Unoptimized = Presents major risk to buy & hold investors + Lacks active risk-management necessary to preserve capital against major tail risks. IIM internal portfolio is re-balanced and composition changes based on R Algo signals. Not an Investment advice. Past performance not equal future performance. If you decide to use this portfolio model in your research or investment, please cite and credit IIM Think Tank with a hyperlink (see below). If you are a CIO or an institutional investor planning to allocate real money to this model, customize (optimize) it, or explore the potential risks and opportunities of this portfolio,, or need active management support and signals, then please contact: https://www.iim.education/think-tank/investment/ Lead Researcher & Portfolio Model Manager https://www.medjones.com/investment/
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
AJG.L Atlantis Japan Growth Fund Ltd | Financial Services | 8.33% |
CLS Celestica Inc. | Technology | 8.33% |
EME EMCOR Group, Inc. | Industrials | 8.33% |
FIX Comfort Systems USA, Inc. | Industrials | 8.33% |
GRMN Garmin Ltd. | Technology | 8.33% |
HBM Hudbay Minerals Inc. | Basic Materials | 8.33% |
HEI-A HEICO Corporation | Industrials | 8.33% |
NVDA NVIDIA Corporation | Technology | 8.33% |
OLED Universal Display Corporation | Technology | 8.33% |
TDW Tidewater Inc. | Energy | 8.33% |
TREX Trex Company, Inc. | Industrials | 8.33% |
UTHR United Therapeutics Corporation | Healthcare | 8.33% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in 2024 IIM Lucky 12 - Unoptimized, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Quarterly
The earliest data available for this chart is Nov 9, 2001, corresponding to the inception date of HBM
Returns By Period
As of Sep 19, 2024, the 2024 IIM Lucky 12 - Unoptimized returned 42.99% Year-To-Date and 24.67% of annualized return in the last 10 years.
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 17.79% | 0.18% | 7.53% | 26.42% | 13.48% | 10.85% |
| 2024 IIM Lucky 12 - Unoptimized | 42.99% | -0.47% | 10.63% | 63.88% | 35.74% | 24.88% |
| Portfolio components: | ||||||
NVDA NVIDIA Corporation | 128.98% | -10.90% | 24.01% | 168.48% | 90.47% | 72.13% |
TREX Trex Company, Inc. | -17.86% | 6.07% | -31.86% | 5.33% | 9.11% | 22.27% |
HEI-A HEICO Corporation | 41.45% | 7.20% | 31.07% | 52.42% | 14.96% | 27.81% |
FIX Comfort Systems USA, Inc. | 73.81% | 7.81% | 10.49% | 99.43% | 52.85% | 38.13% |
UTHR United Therapeutics Corporation | 55.80% | -1.24% | 44.60% | 52.99% | 31.28% | 9.69% |
HBM Hudbay Minerals Inc. | 37.99% | -3.82% | 10.42% | 58.03% | 14.26% | -1.11% |
TDW Tidewater Inc. | 1.65% | -14.46% | -18.42% | 9.75% | 34.04% | -24.47% |
OLED Universal Display Corporation | 7.54% | 8.23% | 24.75% | 28.94% | 3.02% | 19.89% |
EME EMCOR Group, Inc. | 90.15% | 11.29% | 18.34% | 90.73% | 36.57% | 25.55% |
CLS Celestica Inc. | 59.94% | -13.33% | -0.47% | 108.32% | 44.22% | 16.28% |
AJG.L Atlantis Japan Growth Fund Ltd | 0.00% | 0.00% | 0.00% | 6.77% | -0.04% | 3.42% |
GRMN Garmin Ltd. | 33.98% | -3.35% | 15.68% | 62.22% | 17.35% | 15.98% |
Monthly Returns
The table below presents the monthly returns of 2024 IIM Lucky 12 - Unoptimized, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2.02% | 16.32% | 8.49% | 0.08% | 12.10% | 0.89% | 1.96% | -1.14% | 42.99% | ||||
| 2023 | 12.91% | 3.12% | 1.80% | -1.02% | 1.76% | 11.65% | 11.65% | 1.41% | -2.77% | -3.12% | 9.20% | 7.71% | 67.20% |
| 2022 | -6.34% | -1.18% | 6.22% | -10.68% | 5.09% | -11.48% | 10.65% | -4.75% | -9.10% | 15.03% | 9.69% | -2.41% | -3.63% |
| 2021 | -0.12% | 6.80% | 3.91% | 7.52% | 0.95% | -1.16% | 1.62% | 2.42% | -5.07% | 7.72% | 1.32% | 3.81% | 33.12% |
| 2020 | -3.14% | -8.44% | -17.97% | 14.64% | 8.64% | 5.54% | 7.53% | 9.55% | -2.70% | 1.67% | 18.84% | 4.96% | 38.98% |
| 2019 | 11.65% | 12.31% | 0.12% | 0.59% | -10.85% | 10.29% | 0.22% | -4.72% | 0.34% | 6.82% | 1.16% | 4.59% | 34.46% |
| 2018 | 5.50% | -4.37% | -1.56% | -0.11% | 3.09% | -1.85% | 7.20% | 6.15% | -1.80% | -11.51% | -1.43% | -10.54% | -12.47% |
| 2017 | 5.29% | 0.34% | 0.23% | -2.57% | 1.34% | 2.40% | 7.84% | 1.02% | 3.89% | 6.37% | 4.40% | 1.09% | 36.02% |
| 2016 | -13.08% | 5.85% | 9.78% | 6.36% | -2.62% | 0.45% | 9.32% | -3.32% | 0.41% | -2.47% | 16.60% | 2.98% | 30.57% |
| 2015 | -1.79% | 7.38% | 4.09% | 3.25% | 3.06% | -3.15% | -2.92% | -7.71% | -5.43% | 8.14% | 3.96% | -2.96% | 4.58% |
| 2014 | -5.71% | 6.34% | -2.58% | 0.59% | -0.47% | 2.68% | -3.62% | 8.14% | -6.35% | 5.32% | -2.77% | 3.63% | 4.02% |
| 2013 | 5.07% | 0.89% | 3.69% | 0.85% | 3.73% | -1.92% | 5.72% | 0.59% | 8.41% | 5.05% | 2.67% | 4.20% | 46.12% |
Expense Ratio
2024 IIM Lucky 12 - Unoptimized has an expense ratio of 0.00%, indicating no management fees are charged. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of 2024 IIM Lucky 12 - Unoptimized is 87, placing it in the top 13% of portfolios on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
NVDA NVIDIA Corporation | 3.05 | 3.36 | 1.43 | 5.84 | 18.49 |
TREX Trex Company, Inc. | 0.10 | 0.41 | 1.06 | 0.07 | 0.25 |
HEI-A HEICO Corporation | 2.49 | 3.14 | 1.41 | 4.08 | 14.55 |
FIX Comfort Systems USA, Inc. | 2.12 | 2.71 | 1.36 | 4.89 | 14.03 |
UTHR United Therapeutics Corporation | 2.09 | 2.84 | 1.38 | 2.32 | 7.54 |
HBM Hudbay Minerals Inc. | 1.11 | 1.76 | 1.21 | 0.61 | 3.99 |
TDW Tidewater Inc. | 0.18 | 0.62 | 1.08 | 0.09 | 0.68 |
OLED Universal Display Corporation | 0.68 | 1.07 | 1.16 | 0.59 | 2.33 |
EME EMCOR Group, Inc. | 2.92 | 3.42 | 1.50 | 5.95 | 18.01 |
CLS Celestica Inc. | 2.05 | 2.44 | 1.32 | 1.97 | 9.94 |
AJG.L Atlantis Japan Growth Fund Ltd | 0.63 | 2.98 | 2.22 | 0.15 | 7.84 |
GRMN Garmin Ltd. | 2.38 | 3.85 | 1.55 | 1.52 | 17.87 |
Dividends
Dividend yield
2024 IIM Lucky 12 - Unoptimized granted a 0.28% dividend yield in the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 IIM Lucky 12 - Unoptimized | 0.28% | 0.63% | 0.94% | 0.65% | 0.60% | 0.46% | 0.48% | 0.43% | 0.54% | 1.97% | 0.92% | 9.88% |
| Portfolio components: | ||||||||||||
NVDA NVIDIA Corporation | 0.02% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.30% | 0.46% | 1.19% | 1.68% | 1.95% |
TREX Trex Company, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HEI-A HEICO Corporation | 0.10% | 0.14% | 0.15% | 0.13% | 0.14% | 0.16% | 0.17% | 0.10% | 0.31% | 0.38% | 0.34% | 1.14% |
FIX Comfort Systems USA, Inc. | 0.31% | 0.41% | 0.49% | 0.49% | 0.81% | 0.79% | 0.76% | 0.68% | 0.83% | 0.88% | 1.31% | 1.08% |
UTHR United Therapeutics Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HBM Hudbay Minerals Inc. | 0.19% | 0.27% | 0.30% | 0.22% | 0.21% | 0.36% | 0.32% | 0.18% | 0.27% | 0.40% | 0.21% | 1.31% |
TDW Tidewater Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.12% | 0.00% | 0.00% | 0.04% | 0.00% | 14.75% | 3.17% | 1.73% |
OLED Universal Display Corporation | 0.76% | 0.73% | 1.11% | 0.48% | 0.26% | 0.19% | 0.26% | 0.07% | 0.00% | 0.00% | 0.00% | 0.00% |
EME EMCOR Group, Inc. | 0.21% | 0.32% | 0.36% | 0.41% | 0.35% | 0.37% | 0.54% | 0.39% | 0.45% | 0.67% | 0.72% | 0.42% |
CLS Celestica Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
AJG.L Atlantis Japan Growth Fund Ltd | 0.00% | 3.43% | 5.60% | 4.11% | 3.17% | 1.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 107.08% |
GRMN Garmin Ltd. | 1.74% | 2.27% | 3.10% | 1.92% | 2.01% | 2.30% | 3.32% | 3.42% | 4.21% | 5.41% | 3.58% | 3.90% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the 2024 IIM Lucky 12 - Unoptimized. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the 2024 IIM Lucky 12 - Unoptimized was 60.56%, occurring on Nov 20, 2008. Recovery took 288 trading sessions.
The current 2024 IIM Lucky 12 - Unoptimized drawdown is 8.07%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -60.56% | Oct 15, 2007 | 285 | Nov 20, 2008 | 288 | Jan 6, 2010 | 573 |
| -41.72% | Feb 21, 2020 | 19 | Mar 18, 2020 | 56 | Jun 8, 2020 | 75 |
| -34.17% | May 24, 2002 | 97 | Oct 9, 2002 | 149 | May 9, 2003 | 246 |
| -31.5% | Apr 6, 2011 | 126 | Oct 3, 2011 | 355 | Feb 19, 2013 | 481 |
| -30.19% | May 22, 2015 | 187 | Feb 11, 2016 | 117 | Jul 27, 2016 | 304 |
Volatility
Volatility Chart
The current 2024 IIM Lucky 12 - Unoptimized volatility is 8.35%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Diversification
Asset Correlations Table
| AJG.L | UTHR | HBM | TDW | HEI-A | TREX | NVDA | GRMN | CLS | OLED | FIX | EME | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AJG.L | 1.00 | 0.06 | 0.20 | 0.13 | 0.10 | 0.11 | 0.08 | 0.11 | 0.14 | 0.10 | 0.10 | 0.12 |
| UTHR | 0.06 | 1.00 | 0.16 | 0.20 | 0.23 | 0.24 | 0.27 | 0.28 | 0.25 | 0.27 | 0.25 | 0.30 |
| HBM | 0.20 | 0.16 | 1.00 | 0.32 | 0.22 | 0.21 | 0.24 | 0.25 | 0.28 | 0.25 | 0.24 | 0.31 |
| TDW | 0.13 | 0.20 | 0.32 | 1.00 | 0.24 | 0.22 | 0.25 | 0.25 | 0.30 | 0.25 | 0.32 | 0.37 |
| HEI-A | 0.10 | 0.23 | 0.22 | 0.24 | 1.00 | 0.31 | 0.29 | 0.33 | 0.30 | 0.33 | 0.36 | 0.41 |
| TREX | 0.11 | 0.24 | 0.21 | 0.22 | 0.31 | 1.00 | 0.33 | 0.35 | 0.32 | 0.34 | 0.38 | 0.42 |
| NVDA | 0.08 | 0.27 | 0.24 | 0.25 | 0.29 | 0.33 | 1.00 | 0.39 | 0.41 | 0.43 | 0.31 | 0.38 |
| GRMN | 0.11 | 0.28 | 0.25 | 0.25 | 0.33 | 0.35 | 0.39 | 1.00 | 0.33 | 0.37 | 0.35 | 0.41 |
| CLS | 0.14 | 0.25 | 0.28 | 0.30 | 0.30 | 0.32 | 0.41 | 0.33 | 1.00 | 0.36 | 0.35 | 0.41 |
| OLED | 0.10 | 0.27 | 0.25 | 0.25 | 0.33 | 0.34 | 0.43 | 0.37 | 0.36 | 1.00 | 0.35 | 0.40 |
| FIX | 0.10 | 0.25 | 0.24 | 0.32 | 0.36 | 0.38 | 0.31 | 0.35 | 0.35 | 0.35 | 1.00 | 0.55 |
| EME | 0.12 | 0.30 | 0.31 | 0.37 | 0.41 | 0.42 | 0.38 | 0.41 | 0.41 | 0.40 | 0.55 | 1.00 |