I’ve no idea how the racing tipsters fared last week, and have no desire to know. It’s gone. In the past. Can’t do anything about it now, so what’s the point in even wondering, let alone fretting?
Before my break though, the drawdown for Precision Value continued to reach a new low point for the year, and it would obviously be nice if it could arrest the slump sooner rather than later. Having said that, the drawdown is only a little over 25% of the bank, which really is nothing at all to worry about. Looking at the bigger picture too, the drawdown for the racing portfolio as a whole remains very small at just 3% of the accumulated funds, which is tiny.
Sometimes, some context is required. I think those drawdown figures provide it.
Bet Alchemist (100pt bank): Staked 291pts, +48.98pts, roi 16.83%, roc 48.98%, High: 50.98pts, CDD: -2pts, Max DD: -25.65pts.
Northern Monkey (100): Staked 338.625pts, +37.252pts, roi 11%, roc 37.25%, High: 48.659pts, CDD: -11.407pts, Max DD: -27.028pts
Precision Value (200): Staked 579pts, +21.711pts, roi 3.74%, roc 10.855%, High: 55.986pts, CDD: -34.275pts, Max DD: -34.275pts.
Racing Service 1 (50): Staked 29.5pts, +6.312pts, roi 21.39%, roc 12.62%, High: 12.312pts, CDD: -6pts, Max DD: -8pts.
Racing Totals: ROI 11.2%, ROC 27.4%.
*ROI – Return On investment, ROC – Return On Capital (ie. bank growth), CDD – Current Drawdown, Max DD – Maximum Drawdown