Although considered the coldest, most poor, and overall worst month of the year, January has been a good month for ParaTopia. Since investing (see New year and Hello ALIV ), my strategy has gained 5% YTD Jan’23. Compared to the market benchmark OMX (only up 1.7%), this seems like a lovely start.  Looking at my strategy on a more individual constituent level, ALIV-SDB.ST has made a striking entry.  Could it be beginner’s luck? Or have my strategy actually made the right choice this time?  

Time for the first investment this year. For January 2023, I continue to use my dynamic investment strategy (see A few simple rows – Restated FMI) which has derived two rather aggressive thetas of -12.75 and 0.99 for Dolvol and Mom , respectively. Above, you see the approximate allocation of stocks to be invested in as of Monday, 9 Jan 2023. I will be glad to welcome ALIV-SDB.ST as a new member of the ParaTopia portfolio.