In this module, we used the Virtual Stock Exchange to trade in stocks on the NYSE. Each student started with $1,000,000 and had to build a portfolio of stocks over a four week period.
Ryan was the overall winner with a final profit of $117, 631. Shane from 4A3 was second (+$114,637) and Jack was the top trader from 4A6 with a total profit of $83,791.
How well did both classes do overall?
In order to assess how well each trader did, you have to compare the return on each portfolio to the “market return” i.e. how did the DJIA do over the term of the competition.
During our competition, the Dow Jones increased by 0.61%. Just under half of all students in the competition achieved a return greater than +0.61%.
Over half of all students beat the market return.
That’s a very good performance.
We will be starting a school-wide competition in January 2010 with some prizes to be won.