Weekly Performance Review & Portfolio Update
Week 24
As we approach the end of June, we're pleased to report another week of strong performance by our AI-driven portfolio.
This newsletter provides an overview of our portfolio’s performance, a detailed analysis of last week’s market activity, and the updated portfolio weights for the coming week. Our model continues to demonstrate resilience and adaptability, delivering results that reflect our commitment to optimizing your investment strategies.
Portfolio Performance:
This week, our model delivered strong performance, outperforming the benchmark significantly. Here are the details:
Portfolio Daily Returns:
June 17, 2024: +1.68%
June 18, 2024: +0.82%
June 20, 2024: +0.14%
June 21, 2024: +0.11%
Benchmark (SPY) Daily Returns:
June 17, 2024: +0.80%
June 18, 2024: +0.25%
June 20, 2024: -0.27%
June 21, 2024: -0.13%
Weekly Returns:
Portfolio Week Return: +2.77%
Benchmark Week Return: +0.64%
Cumulative Returns:
Portfolio Total Return: +6.18%
Benchmark Total Return: +14.95%
Our model showed strong resilience and adaptability this week, significantly outperforming the benchmark. This positive performance reflects our continuous efforts to refine and optimize our investment strategies.
New Portfolio Allocations for the Week:
While there are no major changes in the symbols, there have been slight adjustments in the weights: