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Competitive Returns with Less Risk
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Limit Your Risk
You decide how much risk you're willing to take.
Maximize Your Returns
Portfolio Armor presents you with a portfolio of optimally hedged securitiesconstructed to give you the highest expected return possible given your risktolerance.
How It Works
You enter the dollar amount you want to invest, and the maximum decline youare willing to risk over the next six months (your 'threshold'). Then,Portfolio Armor presents you with a concentrated portfolio of securitiesbuilt to maximize your expected return over the next six months whilestrictly limiting your potential downside to the risk you're willing to take.
Finding Securities With The Highest Potential Returns
There are more than 4,000 hedgeable securities (stocks and exchange tradedproducts such as ETFs) trading in the U.S. Portfolio Armor calculatespotential returns for each of them every trading day, using an analysis ofhistorical returns as well as options market sentiment to estimate themaximum each security will perform over the next six months. From that, wederive expected returns, which represent more likely returns for eachsecurity.
Find The Ones That Are Also Cheap To Hedge
Since you're going to hedge these securities, you don't just want them tohave high potential returns - the cost of hedging counts too. So we scan forones that have the highest potential returns net of hedging costs, the oneswith the highest net potential returns.
Making Sure It Works
Security Selection
We back tested this method of security selection by running our analysisevery trading day over an eleven year period and then looking at the actualreturns of the securities with the highest net potential returns on our dailyscans over the next six months. Over that 11-year period, we conducted 25,412comparisons of our calculated potential returns to actual returns, an averageof 9.4 top-ranked securities each trading day. The average six month actualreturn of our top-ranked securities was 6.84%, versus 4.51% for the leadingS&P 500 index tracking ETF (SPY).
Starting in mid-2017, we began tracking the performance of our top-rankednames in real time. So far (as of November, 2020), ourtop ten names have averaged returns of4.38%over 6 months, versus6.00%for SPY. You can see the performance of weekly top names cohorts since thenhere.
Hedged Portfolio Performance
Testing our security selection method was only a start; we had to test thatour hedged portfolio method worked as a whole, when taking into accounttrading costs, hedging costs, and other factors. We backtested our methodfrom 1/2/2003 to 4/30/2014, a time period which included two bull markets aswell as one of the worst bear markets in generations, the one resulting fromthe global financial crisis of 2008-2009. We found that, at certainthresholds, such as 21% (i.e., for investors willing to risk declines of nomore than 21% over each six month period), our method generated betterreturns, net of trading and hedging costs, than the leading S&P 500 indextracking ETF over the time period, with smaller drawdowns, as the chart aboveshows. You can see interactive versions of that and other backtestshere,along with a complete list of the hedges and underlying positions in eachportfolio.
Portfolio Management App For Mac
Starting in mid-2017, we began tracking hedged portfolio performance in realtime - not backtests, but 'fronttests', if you will. Some portfolios withdecline thresholds as low as 4% posted market-beating performance, as thechart below shows. You can find an interactive version of that trackingportfolio and othershere,along with a full accounting of the hedges and underlying securities in eachportfolio.
For more on how we select securities and construct hedged portfolios seehere.For more on our hedging method, seehere.
Although Portfolio Armor is a very sophisticated tool capable of providing useful calculationsit is not designed to replace the advice of a professional investment counselor or your ownindependent investment research and independent calculations. To rely solely upon the PortfolioArmor tool for investment decisions would be extremely unwise.
Project Management App Mac
Make smarter decisions with robust features
- Generate ideas
- Discover trading opportunities with over 45 market filters, including technical, social sentiment, and custom options filters
- Analyze option market sentiment with volatility and open interest statistics, as well as the day’s biggest trades
- Place trades
- Trade equities, ETFs, simple and complex option strategies with extended-hours and directed trading capabilities
- Create and save up to 50 orders and place them at the right time
- Help manage risk and profit potential with conditional orders
- Place a variety of simple and complex multi-leg option orders
- Learn to place your first option trade using Option Trade Builder
- Monitor accounts
- Monitor your portfolio with streaming quotes, real-time gain and loss, streaming balances, and streaming order status updates
- Get customizable account and watch list views
- View your options’ strategy pairing with Option Summary
- Customize your experience
- Create personalized layouts to see the market and portfolio information that’s important to you
- Set trade defaults, create shortcuts, and use hotkeys to quickly and efficiently navigate through the platform