Harmoney

[humvee]

I've been crunching some numbers from the Rar vs Loan count graph, its interesting reading if nothing else
I would be really keen to hear from any of the 13 people with 3000+ Loans that have a rar above me

Highest Return 1+ Loans
39%
Highest Return 10+ Loans
30.5%
Highest Return 100+ Loans
22.08%
Highest Return 1000+ Loans
18.55%
Highest Return 4000+ Loans
16.07%


Lowest Return 1+ Loans
-207%
Lowest Return 10+ Loans
-27.49%
Lowest Return 100+ Loans
-0.06%
Lowest Return 1000+ Loans
8.48%
Lowest Return 2000+ Loans
9.91%
Lowest Return 4000+ Loans
10.08%




So How am I doing?
I have had 4000+ unique loans so far
Rar 14.49%
8 People with 4000+ Loans are above me, 79 are below me
13 People with 3000+ Loans are above me, 129 people are below
64 People with 1000+ Loans are above me 575 are below me
1196 People with 10+ Loans are above me, 5886 are below me
In total 1554 people are above me. 6577 are below me

[humvee]

This would be a good graph harmoney should show as standard - I know they graph each separately - but its nicer to see them together

Attachment 9791

[bung5]

[QUOTE=humvee;720742]

Lowest Return 1+ Loans
-207%



How you do you lose more than 100% ?

[darrenc]

I've been crunching some numbers from the Rar vs Loan count graph, its interesting reading if nothing else
I would be really keen to hear from any of the 13 people with 3000+ Loans that have a rar above me

I'm one of them, but I'm only just above you - 14.53% with 3300 loans. My graph is trending down, although the max I reached was about 17.5%. I'm gradually withdrawing money from Harmoney as my LC return is about the same. I'm also concerned about what might happen when we have a downturn.

[myles]

So How am I doing?

Not as well as I currently am, but I've not been in as long.

I have had 4000+ unique loans so far
Rar 14.49%

I currently have had 2125 loans with a current RAR of 15.85%.

For the time I've been in, I believe I'm now in the 'level' portion of a RAR curve so should trend as the 'Marketplace' RAR curve trends i.e. no further significant drop.

Personally I don't see how using 'unique loans' is indicative of 'how one is doing' as loan size, hence investment size, can vary. e.g. I'm now investing between $100 - $200 dollars per loan - for the amount I have invested this is still very diversified - probably overly so i.e. I should, and may, start taking larger portions of loans - something I've been thinking about for a while, to try to keep $'s invested. Still waiting to see if loan volume picks up...

I guess what I'm saying is that there are different strategies you can take to invest and unique number of loans doesn't paint the full picture. I believe you can do better by investing larger (but still diverse) amounts into 'better' loans, once your overall investment size is large enough. i.e. it won't make any significant difference to the value of charged-off principal. In fact it may reduce it...

[beacon]

2125 loans with a current RAR of 15.85%.

Personally I don't see how using 'unique loans' is indicative of 'how one is doing' as loan size, hence investment size, can vary.

With a 100K invested over 15+ months, Mylesy, that is still an awesome RAR, even though it has been dipping like the rest of the marketplace.

Using unique loans pegs performance comparison to one (reasonable) variable, even though your objection remains valid. Pegging it to portfolio size along with tenure is better, but some may shy away from discussing that...

Below you humvee on both counts. Good going, and well done on your C-Es after 3.5 years...

[humvee]

[QUOTE=bung5;720752]

Lowest Return 1+ Loans
-207%



How you do you lose more than 100% ?

The Numbers are direct from harmoneys data - so apply the usual grain of salt - but the assumption I would make is....

Returns are per annum - so if you manage to lose 100% of your money in just under 6 months you have a return of -207% per annum

[humvee]

Personally I don't see how using 'unique loans' is indicative of 'how one is doing' as loan size, hence investment size, can vary. e.g. I'm now investing between $100 - $200 dollars per loan - for the amount I have invested this is still very diversified - probably overly so i.e. I should, and may, start taking larger portions of loans - something I've been thinking about for a while, to try to keep $'s invested. Still waiting to see if loan volume picks up...

I guess what I'm saying is that there are different strategies you can take to invest and unique number of loans doesn't paint the full picture. I believe you can do better by investing larger (but still diverse) amounts into 'better' loans, once your overall investment size is large enough. i.e. it won't make any significant difference to the value of charged-off principal. In fact it may reduce it...

I have to work with what data I can directly or indirectly get, Harmoney make no data in relation to portfolio size or notes per loan available, lacking this, unique loans - which harmoney do make available are the next best thing

[humvee]

Not as well as I currently am, but I've not been in as long.



I currently have had 2125 loans with a current RAR of 15.85%.

Not bad at all by my calcs of people with 2000+ loans you have
5 People above you and 261 people below you

[whitt]

I only have a small portfolio on Harmoney but interesting that my Rar is climbing in comparison.
I tightened up my autolend rules a long time ago and this has improved my Rar.

I wonder were my Rar will level off?Attachment 9792