Analyst Recommendation and Stock Performance: Performance April 2013 (Pt. 08)

While the DAX and the DJ developed similarly throughout April (+1,5/+1,8%) the Best- and Worst-Baskets deviated stronger drifting away from each other again.

The Best-Basket took a big hit, mtm performance was -5,9%, mainly attributable to Lynas and Goldcorp. Additionally only 3 out of the 12 stocks showed a positive performance at all.
On the other hand the Worst-Basket increased by a 1,4%, mainly due to a 67% (!) increase at First Solar.

Again i has to be noted that standard deviation of the Worst-Portfolio was considerable higher than the Best-Basket (24% vs. 6,5%).

Lets come to the charts, starting with mtm performances:
Although the Best-Basket is mainly composed by US-stocks, the favorable overall US-market doesn't seem to have much an influence on the performance of the basket. This might indicate a low market influence on individual stocks in the US, which could be attributed to low information asymmetries.

The total performance shows impressively the fall of the Best-Basket after 3 months of catching up:

The pink bar is the DJ, as usual.