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FW: MDSM weekly report (101698)



Dear colleagues,

This is a follow up of "Three Months Summary on Temporal Dynamic Analysis with 
Mutual Fund Data" one month ago. Comparing to the previous summary, there are 
two changes in this report. The first, CIFAX is included in the analysis, as it 
is not an extreme value anymore. Second, the Average Random Investment is set 
as 100%, instead of the best four, as the best four has been surpassed by MDSM.

If you consider this as an interesting scientific research, please tell your 
colleagues. If you find something that needs to be improved, please let us 
know.

Thank you for your attention.

T. Jay BAI
-----Original Message-----
From:	MDSMResear@aol.com [SMTP:MDSMResear@aol.com]
Sent:	Sunday, October 18, 1998 9:05 AM
To:	mdsm@gpsr.colostate.edu
Cc:	sino-eco@biomod.fw.vt.edu
Subject:	MDSM weekly report (101698)

Dear Friends,

The value of MDSM investment was increased to $8,897.82 and leading Average 
Random Investment $1,240.00 on last Friday.
The Average Random Investment (ARI) was $7,651.82.
When ARI scoring 100%, the MDSM is scoring 116.28%. At the same time, the best 
four is scoring 112.01%, and the worst four is scoring 88.47%.
For more information please see the attachment or visit the web site:
http://lamar.colostate.edu/~jbai/inaction.html
Thank you,
T. Jay Bai, Ph.D.
MDSM Research
POBox 272628
Fort Collins, CO 80527-2628
Email: jbai@lamar.colostate.edu
===========================
An Application of M-instantaneous Trend Analysis
Weekly Report		Oct. 16, 1998

The total MDSM value (M_value) is $8,897.82. Comparing to Average Random 
Investment, the score is 116.28%.
The Average Random Investment (ARI) is $7,651.82, and the score is 100.00% The 
MDSM is leading $1,246.00.
At the same time, the best four is scoring 112.01%, and the worst four is 
scoring 88.47%(see table 1).
Table 1. Comparison of MDSM, Best 4, ARI, and Worst 4.
			4 Funds	5*4 Funds	Percentage
			====================================
	MDSM 4	$8,897.82	---		116.28%
	Best 4		$1,714.16	$8,570.79	112.01%
	ARI 20		---		$7,651.82	100.00%
	Worst 4		$1,353.93	$6,769.67	88.47%


The Shang Gao Index (SGI) was 65.375 on 6-19, but is 58.56 today. Thus, the
SGI% is 89.57%
For detail see the following table.
The twenty funds were sorted by A_value. The best four funds in last 4-months 
were: CNTAX, CTCAX, CIFAX, and CFSAX. The five times of their totaol is: 
$8,570.79.  The worst four funds were CONAX, COLHX, COLGX, and CSMIX.Their 
total * 5 is $6,769.67.

Table 2 Generation of the Best 4, ARI, Worst 4 and comparison to MDSM
			19-Jun-98			Today
	==============================	==============================
		Prc619	Avalue	Ashare	Mvalue	_Price	A_value	M_share	M_value
SGI		65.375	---	---	---	58.558	---	---	---
Scores		---	---	---	---	89.57%	100.00%	---	116.28%
TOTAL($)	---	8000	---	7960.79---	$7,651.82	---	$8,897.82
CNTAX		6.44	400	62.11	---	7.15	$444.10	330.297$2,361.62
CTCAX		4.94	400	80.97	---	5.32	$430.77	412.236$2,193.10
CIFAX)		9.25	400	43.24	---	9.81	$424.22	---	---
CFSAX		10.88	400	36.76	1983.2211.29	$415.07	192.607$2,174.45
CUSGX		6.64	400	60.24	1983.226.85	$412.65	---	---
CUTLX		19.97	400	20.03	---	20.18	$404.21	---	---
COLIX		6.52	400	61.35	1997.186.55	$401.84	---	---
NGCAX		9.39	400	42.60	---	9.40	$400.43	---	---
CGUAX		15.17	400	26.37	---	14.56	$383.92	---	---
CSBAX		15.53	400	25.76	---	14.83	$381.97	---	---
COSIX		7.31	400	54.72	---	6.95	$380.30	---	---
COLFX		10.77	400	37.14	---	10.01	$371.77	---	---
STMAX		13.81	400	28.96	---	12.56	$363.79	---	---
COEAX		15.11	400	26.47	---	13.73	$363.47	---	---
CFGAX		19.54	400	20.47	1997.1717.69	$362.13	---	---
SRSAX		13.38	400	29.90	---	11.95	$357.25	---	---
CONAX		13.42	400	29.81	---	11.87	$353.80	182.700$2,168.65
COLHX		7.25	400	55.17	---	6.38	$352.00	---	---
COLGX		21.75	400	18.39	---	19.01	$349.61	---	---
CSMIX		33.23	400	12.04	---	24.80	$298.53	---	---
===		===	===	===	===	===	===		===	===

Where Prc619 are the prices on June 19, 1998. Avalue, the Average Random 
Investment spent $8000 buying all twenty funds. Ashare are the shares of the 
ARI. Mvalue, MDSM investment on four funds on June 19, 1998.  _Price are the 
prices today; A_value are the present values of the ARI.
M_value are the present values of MDSM investment.
TOTAL is the total value at a given time with a given method.