We're all a bit frustrated in the PPS movement ove
Post# of 56324
Posted On: 06/19/2014 9:51:34 PM
We're all a bit frustrated in the PPS movement over the last couple of months as well as the drop of late, but I took some time to look at FITX compared to other companies in the industry, mainly a tracking of the Daily Dab list from AB.
The dates I've picked in the comparison have no meaning, just random points in time where I grabbed the data. In all, there are 52 companies from April 9th and 47 companies from Feb 3rd.
From April 9th to June 19th, the average of the 52 companies was a drop in PPS by 47% and median was a drop of 48%. FITX across these dates is down 23% and ranks 11th out of the 52 companies. Interesting to note that only 2 of the 52 have gained in PPS, with GWPH leading at 52% increase. The other company is up only 1%.
Looking back even further, from Feb 3rd to June 19th, the average is a gain of 168%, but the median movement is a loss of 17% as the average is heavily influenced by a couple of huge gains by a couple of companies. FITX ranks 19th on this list, with a gain of 10%.
I know that most of us are not diversified across the industry and care little about the performance of the other companies, though this should offer some perspective on how our PPS performance is affected by the net money flow in this industry overall and that relatively speaking, we're ahead of most other companies. I understand that this doesn't make our individual accounts any less red of late, but may take the sting out a bit. Further, if we've maintained a comparitive strength this long, we should be poised to make some real gains upon licensing.
Regards,
kbulldog.
The dates I've picked in the comparison have no meaning, just random points in time where I grabbed the data. In all, there are 52 companies from April 9th and 47 companies from Feb 3rd.
From April 9th to June 19th, the average of the 52 companies was a drop in PPS by 47% and median was a drop of 48%. FITX across these dates is down 23% and ranks 11th out of the 52 companies. Interesting to note that only 2 of the 52 have gained in PPS, with GWPH leading at 52% increase. The other company is up only 1%.
Looking back even further, from Feb 3rd to June 19th, the average is a gain of 168%, but the median movement is a loss of 17% as the average is heavily influenced by a couple of huge gains by a couple of companies. FITX ranks 19th on this list, with a gain of 10%.
I know that most of us are not diversified across the industry and care little about the performance of the other companies, though this should offer some perspective on how our PPS performance is affected by the net money flow in this industry overall and that relatively speaking, we're ahead of most other companies. I understand that this doesn't make our individual accounts any less red of late, but may take the sting out a bit. Further, if we've maintained a comparitive strength this long, we should be poised to make some real gains upon licensing.
Regards,
kbulldog.
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