8th winning week out of 8
By Algorithm Betting on Dec 3, 2007 in Premier League | comments(0)
Another winning week as the fund backs Birmingham who overcome Tottenham as they continue to underperform.
The Beta fund now is up 172.5% after 8 weeks, an average gain of over 21% per week. The alpha fund will continue to fall behind as it is limited to unit stakes rather than the % stakes of the beta fund.
Plotting the fund value over time including backtested data reveals a very smooth exponential curve with an R-squared of 0.978. This tells us that the deviations from long term returns are minimal and is another example of the low risk of the fund algorithm.
PERFORMANCE OF ALGORITHM BETTING PREMIER LEAGUE FUNDS:
Weekly gain/loss in the fund (movement in the fund since last week): Alpha +3.0%, Beta +22.9%
Winning weeks (number of weeks showing gains/ total number of weeks since fund started): Alpha 13/15, Beta 8/8
% gain to date (% increase since the fund started): Alpha 41.4%, Beta +172.5%
Risk (max weekly gain/max weekly loss, insufficient data for standard deviations): Alpha 6.9%/-2.9%, Beta +49.6%/+4.8%
