Press release
FY2007 - GStock Beats The Stock Market Again
HERNDON, VA – March 27, 2008 -- GStock, a supercomputer for stock picks and market timing, published today its performance data for Fiscal Year 2007.During 2007, GStock's alerts success ratio was a whopping 61%, versus the 50% stock picks norm by market gurus.
During 2007, an average closed trade lasted 42 days and made an average profit of 2%, bringing GStock's virtual portfolio impressive return of 16.8%. GStock’s stock picks portfolio easily outperformed the major Indices and made an almost 5-time return over the market benchmark’s S&P 500 3.5% yearly return, nearly 3-times the DJI 6.4% yearly return, and nearly double the NASDAQ Composite 9.8% yearly return.
In addition, GStock recorded a lower risk in its performance. GStock’s portfolio of closed trades during FY 2007 enjoyed a Beta Coefficient of 0.96 relative to the S&P 500 (which is the standard benchmark obtaining Beta Coefficient of 1.0), meaning trades based on GStock stock picks were not only more profitable, but also less riskier than investing in the S&P 500 itself.
Commentating on the results, CEO Mr. Nir Ben Levy said "we are happy our users beat the pros again, especially in such turbulent markets as we have seen towards the year-end".
Oren Rossen
GStock.com
703-349-6857
info@gstock.com
http://www.gstock.com
GStock.com is a financial platform that utilizes the computing power of its community of volunteers to form a virtual supercomputer dedicated to the analysis and market-timing of stocks. Built on architecture similar to NASA’s seti@home, GStock.com accesses massive computing power to calculate over one billion investment strategies and identify the most appropriate strategy per stock. GStock.com is not a registered broker dealer nor a registered investment advisory service, nor an investment advisor and does not provide individualized advice. Past results are not indicative of future results or returns. Prior to the execution of a stock trade or any other financial instrument trade, you are advised to consult with your broker or other financial advisor. For more information, visit http://www.gstock.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release FY2007 - GStock Beats The Stock Market Again here
News-ID: 40766 • Views: …
More Releases for GStock
GStock.com Launches World's First Virtual Supercomputer Dedicated to Stock Picki …
GStock.com (http://www.gstock.com), a technical analysis-based website for private and institutional investors, announced today the launch of the world\'s first-ever virtual supercomputer dedicated to stock picking. By harnessing the computing power of volunteer computers around the world, connected over the Internet, GStock achieves an immense multiprocessor supercomputer dedicated to identifying the most profitable stock-picking strategies.
\"The GStock supercomputer is designed to provide consistent and significant returns for investors,\" said Oren Rossen…