Student Investor Challenge
Posted: 09/02/2017
Well done to Joyce L, Amanda W, Tiffany T and Amy Y who have made it through to the semi-final of the ifs Student Investor Challenge. Having finished 156th in the combined Active and Strategic league table in the first round, their team is now down to the top 500 teams out of nearly 6500 who entered.
The Student Investor Challenge is a UK wide investment game for students with a top prize of a trip to New York. Teams invest their virtual money in a set of stocks and other investment instruments. Teams must create two portfolios. The Active Investor portfolio allows teams to trade every day. The Strategic Investor portfolio only allows a limited number of trades per month, encouraging long term thinking.
The four week online semi-final will run from 20 February 2017 to 17 March 2017. For each week of the semi-finals, teams will need to correctly predict the closing price of certain assets by the end of trading on that Friday. Points will be awarded each week according to how accurately the closing price has been predicted and how long the prediction has been held. A team's overall score at the end of the semi-finals is the sum of their best three week's performance out of four.
Only eight teams make it through to the final stage and so we wish the team well.