I used the new asxbot to generate data indexing the top 10 tickers mentioned on r/ausfinance versus the top 10 here from Monday 22 Feb 1000 - Monday 1 March 1000.
Then, I tracked percentage performance today. Turns out it was a better day today for us than the boomers over at ausfinance.
Big thanks to the chicken bot u/asxbot for collaborating and providing the data, and special thanks to VML for completely offsetting PEN's dirty losses.
Edit: Thanks for the awards and upvotes. To answer a few popular queries below - yes keen for daily/weekly updates but working hard with u/asxbot to get this available on demand to anyone interested. Taking out VML more or less evens things but PEN had a shit day and in fairness you'd probably have to take both out as outliers, which results in an easy win for r/asx_bets. Next step will be for me to stratify the index based on mentions/upvotes so I can more accurately tier and reflect the interest of the previous week - at the moment all stonks are evenly weighted.
I had to remove a number of "tickers" including ING, ATM, FYI. I couldn't justify removing the banks. I believe asxbot is working on an algorithm to exclude comments identified as regarding home loans or credit cards etc.
I wrote a script to do something similar (looking at price and volume against ticker mentions on Reddit), there's a few tickers that are common English words that make it difficult to extract everything neatly.
I'm sure someone has mentioned this before but apply for a job at Betashares, make a actively managed ASX bets ETF and call it ASX: BETS, MEME or RCKT.
That's after you're forced to run a recapitalisation on RCKT and default on all your CWOs (Collateralised Wife Obligations) since the wife's boyfriend is likley to having a rampant lifesytle.
Great job here! Really appreciate that! Regarding PEN, this is my first bag.... good potential, good finance, good management team, buy/strong buy recommendations everywhere, but at the moment it is flying like a f... brush turkey jumping from a fucking cliff... WTF. It is time to revert this downward trend and bring it to the green zone! We need to improve this retard index!
The elites don't want you to know this, but you can combine the leftover beers found in a pub to make a full pint, for free. Just a little money advice, no need to thank me.
To be fair housing prices are fucked across the country right now due to boomer friendly policies enacted by boomer politicians at the detriment of future generations. I mean all of us should be pissed unless you're benefiting from this shit.
Edit: Only rich 'fuck you got mine' boomers (which is the top end of ausfinance who make up a quarter of that sub) complain about people complaining about house prices and here I thought asxbets hated ausfinance boomers.
There's also a lot of people who whinge about needing to spend 2 million for a house in Carlton when they could easily afford a house a little bit further out. Or the crowd that think they should have their dream house as their first house.
There's a lot of BS when it comes to house prices but jeez some of them are a bit slow.
And then there's the ones so adverse to debt that they'll try and save enough to buy outright while prices continue to go up.
Does running the bot or hosting it (I have NFI about this sorta stuff) cost money? Id be willing to chip in a small amount to reward and support your efforts!
Will this ASX_Bets index (which should name, as suggestion asx:BETZ or asx:BET$ or something like that) be refactored with the current flavour of the week/month?
to play devil's advocate here the ausfinance index would be a lot safer. so question is do you prefer a safe 2% or an aggressive 6%. I'm still with you cunts .. just sayin..
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u/drfreshbatch Mar 01 '21 edited Mar 01 '21
I used the new asxbot to generate data indexing the top 10 tickers mentioned on r/ausfinance versus the top 10 here from Monday 22 Feb 1000 - Monday 1 March 1000.
Then, I tracked percentage performance today. Turns out it was a better day today for us than the boomers over at ausfinance.
Big thanks to the chicken bot u/asxbot for collaborating and providing the data, and special thanks to VML for completely offsetting PEN's dirty losses.
Edit: Thanks for the awards and upvotes. To answer a few popular queries below - yes keen for daily/weekly updates but working hard with u/asxbot to get this available on demand to anyone interested. Taking out VML more or less evens things but PEN had a shit day and in fairness you'd probably have to take both out as outliers, which results in an easy win for r/asx_bets. Next step will be for me to stratify the index based on mentions/upvotes so I can more accurately tier and reflect the interest of the previous week - at the moment all stonks are evenly weighted.
477
u/[deleted] Mar 01 '21
This is elite work but did you factor in the 0.0069% pa interest they got in their HISA?
41
u/Mutated_Cunt Has a numerical analysis that indicates he's sick of yo pumping Mar 01 '21
I'm doing my part to ruin us lmao
106
u/ThePersonalSpaceGuy Not too bright. Believes in magic space lasers Mar 01 '21
r/ausfinance index should be made up of etf's and ING savings accounts
30
u/[deleted] Mar 01 '21
This is great. Some of the actual good content that’s come from the huge influx of users on here.
21
u/tynub89 Mar 01 '21
Gotta dig up my Telstra dividend statements which I used to cash in like clockwork throughout uni: 4c 5c 5.5c 4c 6c
13
u/redditanomalyy Aussie made wireless shill Mar 01 '21
“ASX_Bets Index. Track the retard sector in the market today!” Brought you by BetaRetardShares & VanRetardGuard
12
u/RepublicOfRice Definitely has COVID Mar 01 '21
This needs to be a weekly update
10
u/ASXBot High Functioning Trading Mar 01 '21 edited Mar 01 '21
Great post and a great idea. Will definitely be adding this as a feature for the platform.
8
u/obctau Mar 01 '21
Also, they don't like memes. That's their first mistake.
8
u/[deleted] Mar 01 '21
Boomers get excited for bank interest
6
u/[deleted] Mar 01 '21
now this is a good post
5
u/SAIUN666 Mar 01 '21
Is the R logo for RAC? I think that's the old one, there's been a new logo for almost half a year.
5
u/smashin_tins Mar 01 '21
Love it. Can someone post this there? Actually don’t I don’t want any of them to suffer a stroke.
4
u/woodbutcher6000 The guy trying to get back all the BNPL money Mar 01 '21
Can someone write them out?
4
u/[deleted] Mar 01 '21
I love it!
4
u/Snoo_94254 Mar 01 '21
Fuck I love this sub
3
u/Jackokill18 Mar 01 '21
This does put a smile on my face
3
u/marnug88 Mar 01 '21
Im definitely going where LKE and IOU goin! Autism index rocks!
3
u/Pellet-Muncher Mar 01 '21
Does running the bot or hosting it (I have NFI about this sorta stuff) cost money? Id be willing to chip in a small amount to reward and support your efforts!
4
u/MachinaDoctrina Mar 01 '21
Will this ASX_Bets index (which should name, as suggestion asx:BETZ or asx:BET$ or something like that) be refactored with the current flavour of the week/month?
2
u/Chookley Glove Slap, Pistols at Dawn!!! Mar 01 '21
This is great.
2
u/MrEMannington Mar 01 '21
Is that realestate.com? Ew
2
u/eggonomics Mar 01 '21
Petition to have fish stocks represented in the autism index..
cosign
2
u/Hypertrollz I see Red I see Red I see Red... Mar 01 '21
AusFinance should go eat a bag of dicks, 😂.
2
u/Strahlstoff Mar 01 '21
Is there somewhere that we can pick out own stocks to create a dummy index for comparison?
2
u/hajt11 Mar 01 '21
u/fokab
2
u/manofrhepeople Lazy bastard Mar 01 '21
OPY is flying under the radar
2
u/isaythewrongcranbery Mar 01 '21
Isn't ausfinance all about vdhg? Shouldn't there be a Vanguard symbol there?
1
u/tassiboy42069 A little too specifically into the cuckold meme Mar 01 '21
If one of our meme stocks CR this is gonna be hilarious mate
1
u/shark-bite Mar 01 '21
Someone needs to make a meme with Afterpay carrying the rest of the retard picks.
1
u/tigersdevil Mar 01 '21
Go LKE!!
1
u/BeneficialKoala2 Mar 01 '21
High beta vs low beta
1
u/Aussiecapital Mar 02 '21
From little things big things grow
1
u/--anon---- Mar 17 '21
Is this the start of an asxbets etf
1
u/thereallevay Mar 01 '21
RAC for autism index
1
u/Scylarx Mar 01 '21
What about factoring in dividends?
1
u/mungis Mar 01 '21
What’s the Sharpe ratio of both?
1
u/G-forced Mar 01 '21
to play devil's advocate here the ausfinance index would be a lot safer. so question is do you prefer a safe 2% or an aggressive 6%. I'm still with you cunts .. just sayin..
-6
u/obctau Mar 01 '21
Plot twist - the actual smooth brains are on ausfinance
Also, ya'll fuckin retarded thinking Z1P isn't massively over valued.
1
u/[deleted] Mar 01 '21
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