2024 IIM Future Winners - Unoptimized
IIM Think Tank Future Winners Model (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 |
|---|---|---|
AGX Argan, Inc. | Industrials | 6.67% |
ANF Abercrombie & Fitch Co. | Consumer Cyclical | 6.67% |
BMI Badger Meter, Inc. | Industrials | 6.67% |
CORT Corcept Therapeutics Incorporated | Healthcare | 6.67% |
DRS Leonardo DRS Inc. Common Stock | Industrials | 6.67% |
HBM Hudbay Minerals Inc. | Basic Materials | 6.67% |
HCKT The Hackett Group, Inc. | Technology | 6.67% |
OLED Universal Display Corporation | Technology | 6.67% |
PIPR Piper Sandler Companies | Financial Services | 6.67% |
SHOO Steven Madden, Ltd. | Consumer Cyclical | 6.67% |
SIMO Silicon Motion Technology Corporation | Technology | 6.67% |
SPXC SPX Corporation | Industrials | 6.67% |
STRA Strategic Education, Inc. | Consumer Defensive | 6.67% |
TREX Trex Company, Inc. | Industrials | 6.67% |
WTS Watts Water Technologies, Inc. | Industrials | 6.67% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in 2024 IIM Future Winners - 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 Jun 30, 2005, corresponding to the inception date of SIMO
Returns By Period
As of Sep 19, 2024, the 2024 IIM Future Winners - Unoptimized returned 29.66% Year-To-Date and 23.96% 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 Future Winners - Unoptimized | 29.66% | 3.89% | 16.20% | 55.54% | 26.64% | 24.12% |
| Portfolio components: | ||||||
HBM Hudbay Minerals Inc. | 37.99% | -3.82% | 10.42% | 58.03% | 14.55% | -1.13% |
TREX Trex Company, Inc. | -17.86% | 6.07% | -31.86% | 5.33% | 9.29% | 22.76% |
AGX Argan, Inc. | 91.83% | 22.41% | 72.94% | 102.02% | 21.23% | 12.38% |
SIMO Silicon Motion Technology Corporation | -7.90% | -14.76% | -28.32% | 7.44% | 13.73% | 10.22% |
OLED Universal Display Corporation | 7.54% | 8.23% | 24.75% | 28.94% | 3.08% | 20.32% |
BMI Badger Meter, Inc. | 37.87% | 5.31% | 33.58% | 35.15% | 32.36% | 24.91% |
PIPR Piper Sandler Companies | 59.66% | 4.79% | 39.16% | 88.25% | 33.37% | 20.47% |
ANF Abercrombie & Fitch Co. | 53.54% | -18.43% | -1.43% | 169.55% | 54.87% | 16.32% |
WTS Watts Water Technologies, Inc. | -3.38% | 8.16% | -4.82% | 14.40% | 17.11% | 13.45% |
DRS Leonardo DRS Inc. Common Stock | 37.77% | -0.07% | 23.81% | 62.89% | 39.41% | 18.13% |
SHOO Steven Madden, Ltd. | 14.65% | 9.70% | 14.68% | 54.20% | 8.56% | 9.14% |
SPXC SPX Corporation | 53.30% | 1.73% | 27.64% | 93.97% | 30.68% | 20.27% |
STRA Strategic Education, Inc. | 2.76% | -2.37% | -8.57% | 26.07% | -6.11% | 6.43% |
CORT Corcept Therapeutics Incorporated | 30.14% | 23.20% | 70.79% | 31.93% | 24.66% | 31.51% |
HCKT The Hackett Group, Inc. | 17.86% | 2.07% | 9.40% | 14.71% | 11.53% | 18.45% |
Monthly Returns
The table below presents the monthly returns of 2024 IIM Future Winners - 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 | -3.11% | 10.88% | 3.31% | 0.30% | 11.52% | 1.12% | 6.10% | -4.00% | 29.66% | ||||
| 2023 | 12.74% | -2.12% | 0.65% | -1.00% | 1.15% | 8.91% | 5.06% | 4.69% | -3.91% | -0.12% | 9.11% | 11.24% | 55.20% |
| 2022 | -7.98% | 4.56% | -1.47% | -5.93% | -1.88% | -8.16% | 8.66% | -6.52% | -6.69% | 11.17% | 10.52% | -4.69% | -10.82% |
| 2021 | -1.30% | 9.93% | 2.64% | 3.93% | 0.27% | 1.85% | 1.11% | 0.12% | -5.37% | 4.85% | -1.64% | 4.91% | 22.50% |
| 2020 | -3.03% | -9.28% | -16.74% | 13.62% | 6.66% | 6.42% | -2.55% | 6.21% | -0.08% | 5.14% | 18.92% | 9.10% | 33.27% |
| 2019 | 8.60% | 10.00% | 0.98% | 4.62% | -9.36% | 8.24% | 1.35% | -0.99% | 1.45% | 5.36% | 0.80% | 6.18% | 42.11% |
| 2018 | 1.42% | -7.30% | 2.76% | -2.70% | 4.48% | 1.38% | 3.23% | 5.04% | -1.77% | -10.27% | 3.12% | -8.19% | -9.91% |
| 2017 | 3.93% | 4.82% | 0.20% | 0.94% | 1.39% | 3.46% | 4.82% | 6.89% | 7.71% | 2.53% | 6.54% | -0.35% | 51.85% |
| 2016 | -9.85% | 10.47% | 12.99% | 0.94% | 1.27% | 3.59% | 4.44% | 1.74% | 2.42% | -0.80% | 18.54% | -2.62% | 48.48% |
| 2015 | -3.58% | 5.61% | 8.96% | -1.23% | 2.62% | 0.48% | -7.53% | -6.09% | -7.76% | 5.81% | 8.26% | -7.24% | -3.80% |
| 2014 | -0.93% | 7.57% | 0.62% | -3.06% | -2.59% | 8.89% | -2.20% | 9.73% | 1.82% | 4.55% | -0.59% | 1.41% | 27.00% |
| 2013 | 10.96% | -1.27% | -3.08% | -1.06% | 3.70% | -5.26% | 5.64% | -2.50% | 7.75% | 7.20% | 2.50% | 5.36% | 32.60% |
Expense Ratio
2024 IIM Future Winners - 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 Future Winners - Unoptimized is 85, placing it in the top 15% 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 | |
|---|---|---|---|---|---|
HBM Hudbay Minerals Inc. | 1.11 | 1.76 | 1.21 | 0.61 | 3.99 |
TREX Trex Company, Inc. | 0.10 | 0.41 | 1.06 | 0.07 | 0.25 |
AGX Argan, Inc. | 2.19 | 3.45 | 1.50 | 2.95 | 21.39 |
SIMO Silicon Motion Technology Corporation | 0.31 | 0.63 | 1.08 | 0.21 | 0.87 |
OLED Universal Display Corporation | 0.68 | 1.07 | 1.16 | 0.59 | 2.33 |
BMI Badger Meter, Inc. | 1.06 | 1.75 | 1.22 | 1.57 | 5.26 |
PIPR Piper Sandler Companies | 3.03 | 3.69 | 1.47 | 3.49 | 20.36 |
ANF Abercrombie & Fitch Co. | 3.07 | 3.25 | 1.44 | 5.12 | 13.89 |
WTS Watts Water Technologies, Inc. | 0.53 | 0.89 | 1.11 | 0.69 | 1.62 |
DRS Leonardo DRS Inc. Common Stock | 1.88 | 2.43 | 1.32 | 4.52 | 10.11 |
SHOO Steven Madden, Ltd. | 2.10 | 2.88 | 1.34 | 1.46 | 11.71 |
SPXC SPX Corporation | 3.07 | 3.54 | 1.47 | 6.58 | 19.98 |
STRA Strategic Education, Inc. | 0.77 | 1.42 | 1.22 | 0.43 | 2.74 |
CORT Corcept Therapeutics Incorporated | 0.55 | 1.02 | 1.17 | 0.82 | 1.53 |
HCKT The Hackett Group, Inc. | 0.56 | 0.98 | 1.12 | 0.96 | 1.89 |
Dividends
Dividend yield
2024 IIM Future Winners - Unoptimized granted a 0.97% dividend yield in the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 IIM Future Winners - Unoptimized | 0.97% | 0.93% | 1.41% | 1.11% | 1.15% | 1.36% | 1.49% | 1.02% | 0.91% | 0.93% | 0.86% | 1.03% |
| Portfolio components: | ||||||||||||
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% |
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% |
AGX Argan, Inc. | 1.36% | 2.24% | 2.71% | 1.94% | 4.48% | 2.49% | 1.98% | 2.22% | 1.42% | 2.16% | 2.08% | 2.72% |
SIMO Silicon Motion Technology Corporation | 3.62% | 0.82% | 2.31% | 1.63% | 2.91% | 2.46% | 3.48% | 1.70% | 1.53% | 1.91% | 2.54% | 4.24% |
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% |
BMI Badger Meter, Inc. | 0.54% | 0.64% | 0.78% | 0.71% | 0.74% | 0.99% | 1.14% | 1.03% | 1.16% | 1.33% | 1.25% | 1.28% |
PIPR Piper Sandler Companies | 1.25% | 2.08% | 5.28% | 3.81% | 1.98% | 3.14% | 4.74% | 1.45% | 0.00% | 0.00% | 0.00% | 0.00% |
ANF Abercrombie & Fitch Co. | 0.00% | 0.00% | 0.00% | 0.00% | 0.98% | 4.63% | 3.99% | 4.59% | 6.67% | 2.96% | 2.79% | 2.43% |
WTS Watts Water Technologies, Inc. | 0.79% | 0.66% | 0.79% | 0.52% | 0.76% | 0.90% | 1.27% | 0.99% | 1.09% | 1.33% | 0.91% | 0.81% |
DRS Leonardo DRS Inc. Common Stock | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SHOO Steven Madden, Ltd. | 1.77% | 2.00% | 2.63% | 1.29% | 0.42% | 1.33% | 1.78% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPXC SPX Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.02% | 1.75% | 1.00% |
STRA Strategic Education, Inc. | 2.57% | 2.60% | 3.06% | 4.15% | 2.52% | 1.64% | 1.32% | 1.12% | 0.00% | 0.00% | 0.00% | 0.00% |
CORT Corcept Therapeutics Incorporated | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HCKT The Hackett Group, Inc. | 1.66% | 1.93% | 2.16% | 1.95% | 1.98% | 2.23% | 2.12% | 1.91% | 1.47% | 1.87% | 1.37% | 1.61% |
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 Future Winners - 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 Future Winners - Unoptimized was 52.96%, occurring on Nov 21, 2008. Recovery took 205 trading sessions.
The current 2024 IIM Future Winners - Unoptimized drawdown is 3.88%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -52.96% | Jun 6, 2008 | 119 | Nov 21, 2008 | 205 | Sep 17, 2009 | 324 |
| -41.18% | Jan 17, 2020 | 42 | Mar 18, 2020 | 142 | Oct 8, 2020 | 184 |
| -30.42% | Jun 1, 2011 | 87 | Oct 3, 2011 | 98 | Feb 23, 2012 | 185 |
| -30.01% | Jun 24, 2015 | 144 | Jan 19, 2016 | 98 | Jun 8, 2016 | 242 |
| -27.55% | Nov 10, 2021 | 220 | Sep 26, 2022 | 175 | Jun 7, 2023 | 395 |
Volatility
Volatility Chart
The current 2024 IIM Future Winners - Unoptimized volatility is 6.92%, 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
| DRS | CORT | HBM | AGX | SIMO | STRA | HCKT | ANF | TREX | OLED | SHOO | BMI | PIPR | SPXC | WTS | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DRS | 1.00 | 0.08 | 0.12 | 0.09 | 0.11 | 0.12 | 0.09 | 0.11 | 0.12 | 0.14 | 0.10 | 0.12 | 0.11 | 0.13 | 0.12 |
| CORT | 0.08 | 1.00 | 0.15 | 0.17 | 0.15 | 0.18 | 0.18 | 0.16 | 0.20 | 0.22 | 0.18 | 0.23 | 0.21 | 0.20 | 0.25 |
| HBM | 0.12 | 0.15 | 1.00 | 0.22 | 0.23 | 0.18 | 0.19 | 0.25 | 0.24 | 0.29 | 0.25 | 0.29 | 0.32 | 0.37 | 0.33 |
| AGX | 0.09 | 0.17 | 0.22 | 1.00 | 0.19 | 0.24 | 0.26 | 0.24 | 0.25 | 0.25 | 0.26 | 0.30 | 0.30 | 0.34 | 0.33 |
| SIMO | 0.11 | 0.15 | 0.23 | 0.19 | 1.00 | 0.21 | 0.22 | 0.25 | 0.29 | 0.32 | 0.27 | 0.29 | 0.30 | 0.31 | 0.31 |
| STRA | 0.12 | 0.18 | 0.18 | 0.24 | 0.21 | 1.00 | 0.24 | 0.29 | 0.26 | 0.31 | 0.30 | 0.32 | 0.34 | 0.32 | 0.34 |
| HCKT | 0.09 | 0.18 | 0.19 | 0.26 | 0.22 | 0.24 | 1.00 | 0.23 | 0.29 | 0.29 | 0.30 | 0.34 | 0.33 | 0.35 | 0.36 |
| ANF | 0.11 | 0.16 | 0.25 | 0.24 | 0.25 | 0.29 | 0.23 | 1.00 | 0.32 | 0.32 | 0.47 | 0.34 | 0.40 | 0.38 | 0.39 |
| TREX | 0.12 | 0.20 | 0.24 | 0.25 | 0.29 | 0.26 | 0.29 | 0.32 | 1.00 | 0.37 | 0.37 | 0.40 | 0.42 | 0.41 | 0.46 |
| OLED | 0.14 | 0.22 | 0.29 | 0.25 | 0.32 | 0.31 | 0.29 | 0.32 | 0.37 | 1.00 | 0.37 | 0.41 | 0.41 | 0.40 | 0.44 |
| SHOO | 0.10 | 0.18 | 0.25 | 0.26 | 0.27 | 0.30 | 0.30 | 0.47 | 0.37 | 0.37 | 1.00 | 0.40 | 0.43 | 0.43 | 0.45 |
| BMI | 0.12 | 0.23 | 0.29 | 0.30 | 0.29 | 0.32 | 0.34 | 0.34 | 0.40 | 0.41 | 0.40 | 1.00 | 0.46 | 0.51 | 0.54 |
| PIPR | 0.11 | 0.21 | 0.32 | 0.30 | 0.30 | 0.34 | 0.33 | 0.40 | 0.42 | 0.41 | 0.43 | 0.46 | 1.00 | 0.50 | 0.56 |
| SPXC | 0.13 | 0.20 | 0.37 | 0.34 | 0.31 | 0.32 | 0.35 | 0.38 | 0.41 | 0.40 | 0.43 | 0.51 | 0.50 | 1.00 | 0.57 |
| WTS | 0.12 | 0.25 | 0.33 | 0.33 | 0.31 | 0.34 | 0.36 | 0.39 | 0.46 | 0.44 | 0.45 | 0.54 | 0.56 | 0.57 | 1.00 |