ASX Event Portfolio: Performance Update

Last update - 26 February 2024 By Rivkin

ASX Event Performance

How Performance Is Calculated

ASX Event Picks are individual opportunities (takeovers, mergers, corporate events). We don’t stay fully invested all the time, so performance is measured per trade, not as a portfolio.

What We Track Per Trade

Metric

What It Shows

Total Number of Trades How many ASX Event Trades do we execute each year
Profitable Trade Ratio % of trades that returned a profit
Average Days in a Trade How long we held each trade (average)
Average Return per Trade Average return earned on each trade
Best Trade The highest-returning trade in that year
Worst Trade The lowest-returning trade in that year

Trade Stats

All stats are for closed trades since the 1st of January 2016.
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026* 2016-2026*
Total Number of Trades 11 6 13 13 16 12 19 11 13 8 1 123
Profitable Trade Ratio 64% 83% 85% 54% 88% 100% 100% 91% 85% 87.5% 100% 84.6%
Average Days in a Trade 78 88 123 78 118 107 140 116 116 140 280 114
Average Return per Trade 3.09% 2.38% 5.94% 1.36% 5.15% 12.86% 6.93% 4.68% 2.51% 2.25% 9.34% 5.07%
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Worst Trade -7.77% -0.55% -4.26% -3.03% -79.15% 1.30% 0% -0.36% -23.96% -41.75% 9.34%
Best Trade 18.67% 7.14% 21.72% 14.77% 69.42% 39.70% 26.10% 18.42% 8.76% 13.71% 9.34%

*Partial year

Distribution of Returns

Across the years:
  • 11% of the trades resulted in a loss greater than 1%
  • 78% of the trades resulted in a profit that is greater than 1%
  • 24% of the trades resulted in a profit greater than 10%

This long tail in profitable trades is the reason this portfolio has one of the best risk-adjusted returns, within our portfolios.

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