It has been a tough year for a lot of us. From a ParaTopia perspective, there is still a lot of work to do.  My investment strategy, starting in July, has mostly had a performance in pair or below the OMX Stockholm 30 benchmark . Expect the glory days during October and November and a temporary peak in mid-December.   Looking at specific constituents, SINCH.ST has had the most notable transformation, which is also observed in Remember what I said about SINCH.ST? Meanwhile TELIA.ST, TEL2-B.ST, and ERIC-B.ST continues to lag. For more rants about these stocks, see A close cut thanks to communications .  Things to look forward to next year include the follow-up of my latest dynamic investment strategy presented in A few simple rows – Restated. Who knows? Maybe I will finally find out how to optimize my function properly using positive weights only. You should also expect me to sooner or later move from platonic to real investments. Hence, keep your eyes open for...

Things started out just fine for my strategy following the last investment from All I Want For Christmas Is… Telia.ST?! , which entered the market on the 5th of this month. Nevertheless, as presented by the cumulative return below, both ParaTopia and my OMX benchmark faced a significant drop this Friday. You might notice that I am no longer hovering above my nemesis benchmark, albeit being quite close. And although I’m not that sure that I will manage to end on top of the market this year, I remain confident looking forward.  

Below, I show you the number of shares of each stock that my strategy has decided me to invest in as of December 2022. This is the first investment using the Dolvol + Mom (Dynamic) strategy as presented in A few simple rows – Restated   and it is exciting to finally put it into practice.  The dynamic values of theta amounted to -0.94 and 1.05 for dolvol and momentum , respectively. Apparently, TELIA.ST is very popular this month.