Author Topic: FolioFN Return Calculation!!!!!!!  (Read 19318 times)

rawraw

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FolioFN Return Calculation!!!!!!!
« on: September 18, 2014, 03:54:08 PM »
It has finally arrived!!


GS

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Re: FolioFN Return Calculation!!!!!!!
« Reply #1 on: September 18, 2014, 04:11:32 PM »
Man, that just goes to show what I had suspected all along.  According that, my return on "traded" notes is 15.87%, while my return on primary/held notes is 9.5% ...  I haven't sold any notes this year, due to the IRA rule.

I was working a very nice buy/hold/trade plan last year ... sucks that they shut it down.

Now, they need to figure out a way to get it back.  Pronto!

jpildis

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Re: FolioFN Return Calculation!!!!!!!
« Reply #2 on: September 18, 2014, 04:21:14 PM »
Very nice.  As an active trader and inventor for the past two years, I've had to rely on my own XIRR calculation (currently showing 16%) to gauge my success.  LC is showing:

- 18% on primary
- 17.79% on traded
- 17.86% on combined

Not sure why LCs numbers are so much higher

GS

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Re: FolioFN Return Calculation!!!!!!!
« Reply #3 on: September 18, 2014, 04:27:28 PM »
Not sure why LCs numbers are so much higher

Because LC's numbers are usually higher than XIRR, because LC does not account for "cash lag".  Idle cash is excluded from their calculations.

TonySaunders

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Re: FolioFN Return Calculation!!!!!!!
« Reply #4 on: September 18, 2014, 04:46:56 PM »
It's the same as my own calculated value:


TonySaunders

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Re: FolioFN Return Calculation!!!!!!!
« Reply #5 on: September 18, 2014, 04:50:22 PM »
It's cool that there's a standard way of comparing our relative performance. I'm instantly jealous of anyone whose doing better than me.

TonySaunders

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Re: FolioFN Return Calculation!!!!!!!
« Reply #6 on: September 18, 2014, 04:52:29 PM »
... I've had to rely on my own XIRR calculation.... 

Not sure why LCs numbers are so much higher

It's higher because ANAR is not the same thing as XIRR. ANAR ought to be higher, depending how much idle cash you tend to have.

TonySaunders

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Re: FolioFN Return Calculation!!!!!!!
« Reply #7 on: September 18, 2014, 04:55:27 PM »
Aaahaha! Check this out. Actually, I'm quite surprised it's not negative because I only sell notes that are having problems and I don't really buy any on Folio.

rawraw

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Re: FolioFN Return Calculation!!!!!!!
« Reply #8 on: September 18, 2014, 06:20:16 PM »
My Folio notes are overwhelming sales of either grace period notes before the processing patch and negative FICO.  I'm a little amazed I've kept a mark up that high for those notes, which reduce my defaults drastically.

Also, they redid the compare returns graph to where it only compares LC loans to LC loans.  I'm significantly above the peer group of similiar interest rate, and up there with people with much higher interest rates.  Got to love avoiding defaults

rawraw

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Re: FolioFN Return Calculation!!!!!!!
« Reply #9 on: September 18, 2014, 06:24:07 PM »
Also, I'm curious to see Core's and NJ's Folio NAR

core

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Re: FolioFN Return Calculation!!!!!!!
« Reply #10 on: September 18, 2014, 07:43:41 PM »
Also, I'm curious to see Core's and NJ's Folio NAR

As I posted in the other thread, I do not know what mine is because it just says 100%+.  Apparently LendingClub's poor Atari server cannot display actual numbers.  This is bogus.

« Last Edit: September 18, 2014, 07:56:26 PM by core »

rawraw

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Re: Re: FolioFN Return Calculation!!!!!!!
« Reply #11 on: September 18, 2014, 07:45:02 PM »
Also, I'm curious to see Core's and NJ's Folio NAR

As I posted in the other thread, I do not know what mine is because it just says 100%+.  Apparently LendingClub's poor Atari server cannot display actual numbers.  This is bogus.
Ha ha ha ha! They set an upper limit? That cracks me up

Did they limit the number of traded notes as well? I assume you have a ton
« Last Edit: September 18, 2014, 08:22:40 PM by rawraw »

core

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Re: Re: FolioFN Return Calculation!!!!!!!
« Reply #12 on: September 18, 2014, 09:13:08 PM »
Ha ha ha ha! They set an upper limit? That cracks me up

Yeah, although I can't say I find it so funny.  Displaying the number, regardless of what it is, would have been easier for them.  They went out of their way, 4x as much code, to put in an upper limit.  Why?  There is no good reason.  Who was the genius who decided there should be a limit?  This is yet another example of Lending Club's incompetence.

Did they limit the number of traded notes as well? I assume you have a ton

No, there's no limit that I know of.  Maybe I haven't hit it yet.  I've traded less than 50k notes.  I just blacked it out.  I'm quite sure LC already knows who I am but in case they're too stupid to have figured it out already, I don't want to make it easier for them by posting exact numbers.

rawraw

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Re: FolioFN Return Calculation!!!!!!!
« Reply #13 on: September 18, 2014, 09:15:09 PM »
Surely took competence to write four extra pages :-)

PeerSocialLending

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Re: FolioFN Return Calculation!!!!!!!
« Reply #14 on: September 18, 2014, 09:30:51 PM »
So I commonly use my personal estimates assuming worse case scenario (100% charge off for IGP through Default).  My anar shows actually higher (over 16%) when I use my estimates vs. Lending Clubs (13%). Am I missing something or have I found a bug?  Anyone else see the same behavior?
-Ryan
p2p lending blogger @ www.peersociallending.com