Quicken 2009- YTD performance in Portfolio View

Jan 12, 2010 7 Replies
J

Is anyone seeing odd numbers in the YTD performance column of Portfolio View? It's reporting that IBM has gone up 55.x% when in fact it has actually done down a few points, as I can see when running a performance report for that security. It's not just IBM... there are strange numbers for many of the securities. I suspect that it's some kind of problem because we are barely into the new year, but would like to hear if others are experiencing this also. FYI, I have set my preferences to do the calculations from1/1/2010.



jo


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J

Hey guys, could I get some feedback on this, please? Thanks

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T

What flavor of Quicken are you using and what's the exact name of the column heading?

In QD2007 I couldn't find a "YTD Performance" column heading but I did find a column titled "Avg Annual Return (%) YTD". Adding that column to my Portfolio tab, it *did* have some impressively big numbers, but the numbers are correct when you understand the percentage shown

*isn't* the percentage gain of the stock YTD, it's an annualized number. In a year when a stock has gone up, say, 10% in January, the Avg Annual Return (%) YTD figure for this stock at the end of January is going to be something like 120%+, assuming the stock keeps going up for the rest of the year. This Avg Annual Return (%) YTD figure could be positive even with a stock declining slightly if there's a dividend in the period.

Don't know if I'm addressing your issue here, but I figured I've give it a shot.

Tom Young

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J

Quicken H&B 2009. Exact column heading is "Return (%) YTD" (sorry I wasn't precise). I understand your explanation for the Avg Annual Return %, but this seems to be something different.

Thanks

jo

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O

Q2010 Deluxe. I am seeing numbers for "Return (%) YTD" that are like yours. I have one investment with a few cents gain since 1/1 and it has almost a 50% return (and it is not a penny stock). I have another that I also have a gain and the number shows a loss.

-----Orig> >

Quicken H&B 2009. Exact column heading is "Return (%) YTD" (sorry I wasn't precise). I understand your explanation for the Avg Annual Return %, but this seems to be something different.

Thanks

Jo

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T

OK, I added the "Return (%) YTD" column to my Portfolio View in QD2007 and those numbers make absolutely no sense.

Tom Young

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J

Thank you, one and all. At least I'm not manufacturing a problem where none exists. It will be interesting to see at what point in the year this number will be meaningful.

jo

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S

No, it's a longstanding problem based on the IRR calculation within Quicken. IRR is used to compute %Return. But if you look at the Quicken documentation you'll see that IRR requires values at the beginning and end+1 days. You are asking for a YTD value so they are OK with the beggining but must invent a value for "tomorrow" (end

+1). It's a mess and Intuit just doesn't seem to do anything about it.
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