Last update: 2020-09-18

Systematic investment results on Mint Payments Limited

Here is the result of two systematic investment strategies applied to Mint Payments Limited. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Mint Payments Limited

The following chart shows the equity curve of the two systematic investment strategies applied to Mint Payments Limited:

The systematic investment strategy that buys the first day of the month would give a performance of -44.14% on the backtest period.

Momentum strategy results on Mint Payments Limited

This is the result of two momentum investment strategies applied to Mint Payments Limited. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Mint Payments Limited

The following chart shows all the entries opened by the momentum investment system on Mint Payments Limited:

• The first momentum investment strategy would give -48.69% of return on Mint Payments Limited. That represents -3895.01$ of latent gain with 7999.94$ of employed capital.
• The second momentum investment strategy would give -59.07% of return on Mint Payments Limited. That represents -3544.03$ of latent gain with 5999.89$ of employed capital.

Momentum equity curve on Mint Payments Limited

The following chart shows the equity curve of the two momentum strategies applied to Mint Payments Limited:

Note: the dividends potentially given by Mint Payments Limited are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.

Employed capital on Mint Payments Limited

The following chart shows the employed capital evolution of the two momentum strategies on Mint Payments Limited since the beginning:

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.

Buy the dip strategy result on Mint Payments Limited

Buy the dip entry openings on Mint Payments Limited

The performance achieved by the robo-advisor on Mint Payments Limited is 140.0%. That represents 350.0$ of latent gain with 250.0$ of employed capital. The following chart shows Mint Payments Limited stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Mint Payments Limited, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Investment strategies comparison on Mint Payments Limited

In this section, I will compare the three previous investment strategies applied to Mint Payments Limited.

Equity curve comparison on Mint Payments Limited

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Employed capital comparison on Mint Payments Limited

Performance comparison on Mint Payments Limited

Strategy	Latent Profit	Growth	Employed capital	CAGR
Automatic investment	-44.14%	-1103.55$	2500.04$	-9.12%
Momentum 1 quarter	-48.69%	-3895.01$	7999.94$	-10.58%
Momentum 2 quarters	-59.07%	-3544.03$	5999.89$	-13.55%
Non-directional	140.0%	350.0$	250.0$	49.3%