Wharton Global Youth Program Competition Summary and Strategy

Q3 Economics, Econometrics and Finance

Global Business and Finance Review Pub Date : 2022-06-01 DOI:10.18282/gfr.v4i1.2652

Xingyi Yu, Hao Wu, Zhuoling Chen, Shengkai Yuan, Longhao Xu

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Abstract

This is a report paper submitted for the 2021-2022 Global Youth Program of the Wharton School, and we present our investment strategy here. Among more than 2,000 participating teams, we were around the 150th. Therefore, our strategy and report may be helpful for some analysis and further research.

As the competition ends, our return is - 3.10 percent with a cash balance of $33,881.28. As such, the portfolio value is $96,899.39. The result is largely unexpected, as our revenue stably rose and was higher than the average one of the SPDR S&P 500 trust in the first two-thirds of the competition. Around Nov 10, we suffered a loss of 4 percent and another significant reduction in the last week because of the outbreak of the omicron variant. Therefore, we do not question our strategy. The following content will explain tactics and details in each industry and demonstrate our understanding of investment tools.

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沃顿全球青年项目竞赛总结与策略

这是一份提交给沃顿商学院2021-2022全球青年项目的报告，我们在这里展示我们的投资策略。在2000多支参赛队伍中，我们排在第150名左右。因此，我们的策略和报告可能有助于一些分析和进一步的研究。当比赛结束时，我们的回报是- 3.10%，现金余额为33,881.28美元。因此，投资组合价值为96,899.39美元。结果在很大程度上是出乎意料的，因为我们的收入稳定增长，在前三分之二的竞争中高于标准普尔500指数信托公司的平均水平。在11月10日左右，我们遭受了4%的损失，并在上周由于组粒变异的爆发而再次大幅减少。因此，我们不质疑我们的战略。以下内容将解释每个行业的策略和细节，并展示我们对投资工具的理解。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Global Business and Finance Review Economics, Econometrics and Finance-Finance

CiteScore

1.20

自引率

0.00%

发文量

审稿时长

16 weeks