"90% of the gains occur within the last 10%."
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Case study $PDN $PDN.ax $PALAF #uranium #investing @quakes99
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Case study $PDN $PDN.ax $PALAF #uranium #investing @quakes99
https://twitter.com/quakes99/status/1434337259604439042
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Total cycle Decile returns of Paladin Energy Apr 2003 to Apr 2007
Total cycle Decile returns of Paladin Energy Apr 2003 to Apr 2007
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Isolated decile returns and cumulative return of Paladin Energy Apr 2003 - Apr 2007
Isolated decile returns and cumulative return of Paladin Energy Apr 2003 - Apr 2007
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% of total cycle return depending on decile enter or exit point
% of total cycle return depending on decile enter or exit point
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As can be seen, it's imperative to be early. If you miss the first decile, only 44% of the total cycle gains is available. This is the asymmetry of the trade.
If you exit one decile too early, you leave 42% of the gains on the table. So about 42% for the last 10%.
As can be seen, it's imperative to be early. If you miss the first decile, only 44% of the total cycle gains is available. This is the asymmetry of the trade.
If you exit one decile too early, you leave 42% of the gains on the table. So about 42% for the last 10%.
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The saying is sort of correct if you can time the whole cycle. If one would enter at last decile for the 90% of gains, he would only get 0.05% of the total cycle gains.
The saying is sort of correct if you can time the whole cycle. If one would enter at last decile for the 90% of gains, he would only get 0.05% of the total cycle gains.
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