Hello everybody,
OK, it's Saturday today, time to take a look at the weekly performance. As you see from the table, ELP managed to eke out a profit of 0.73% this past week, but is still in the red for the past 30 days. On the other hand, the more long-term metrics are positive, which is what to be expected. With ELP, you should be prepared to withstand some short-term fluctuations, but in the long run ... Yeah, I know, I know what Mr. Keynes said, in the long run we will all be dead. But ELP's long run isn't that long. ELP is profitable every year (so far). Here is the table.
Have a nice weekend,
Vlad
OK, it's Saturday today, time to take a look at the weekly performance. As you see from the table, ELP managed to eke out a profit of 0.73% this past week, but is still in the red for the past 30 days. On the other hand, the more long-term metrics are positive, which is what to be expected. With ELP, you should be prepared to withstand some short-term fluctuations, but in the long run ... Yeah, I know, I know what Mr. Keynes said, in the long run we will all be dead. But ELP's long run isn't that long. ELP is profitable every year (so far). Here is the table.
| Period | ELP | S&P500 |
| 5 days | 0.73% ($508) | -0.33% |
| 1 month | -1.79% (-$1,256) | 2.90% |
| 3 months | 19.56% ($13,692) | 9.24% |
| YTD | 38.26% ($26,785) | 24.07% |
| 1 year | 64.7% ($45,292) | 18.15% |
Have a nice weekend,
Vlad
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