Add any stocks you want, I'll close the market on 1 September. I may exclude submissions if they are not a stock, or they are not listed on one of the Market Centers listed here. Please try to follow the following format for submissions, if there is any ambiguity as to which company is meant:
Apple Inc = NASDAQ: AAPL
AGL Energy Limited = ASX: AGL
Tesla Inc = NASDAQ: TSLA
Alibaba Group Holding Ltd - ADR = NYSE: BABA
as a general rule, google the stock and just write/copy this. If it is listed in two places, I may only include the first one listed. If it's too complicated, I'll do NASDAQ/NYSE only next time.
![](https://firebasestorage.googleapis.com/v0/b/mantic-markets.appspot.com/o/user-images%2Fdefault%2FQ32PpgsQt2.png?alt=media&token=6bdde4c5-c816-4d19-a59a-31d66744ae22)
Please don't post the same answer twice, or I will be really annoyed >:(
If you submitted wrong, don't stress! Sell your position and submit again. I will resolve incorrect submissions ZERO because it makes it way easier and avoids confusion.
Market resolves on January 1st (or, after the last business day of 2023 in every relevant Market Center host country)
Resolution process:
Whichever stock increases the most, resolves to 50%.
Stocks which decreased, resolve to 0%.
For the remainder:
Each remaining stock will be treated equally in $ value (e.g. base position of $1), and assigned new values based on the movement in price
The remaining stocks will resolve equally to their share of the pool (divided by two).
They are all evaluated in local currency.
Yield/dividends is not considered (maybe in the next iteration I will include it) so do not pick dividend paying stocks like AGL unless you really believe in them growing their stock price.
Example finish:
NASDAQ: AAPL | +16%
ASX: AGL | -6%
NASDAQ: TSLA | +11%
NYSE: BABA | -4%
NASDAQ: MSFT | +7%
NASDAQ: BYND | +1%
![](https://firebasestorage.googleapis.com/v0/b/mantic-markets.appspot.com/o/user-images%2Fdefault%2FZD9jZEjJFT.png?alt=media&token=f3ee0c40-d71e-4cee-8427-6829052ca2cc)
If it equals >100% because of rounding, for whatever reason, I will take 1% off the lowest values that were rounded, until it doesn't.
The idea being, rather than everyone filling the pot with wild guesses that will either boom or bust, there is profit incentive to pick anything that will have a positive Q4. High risk, high reward, but still mana to be made for those which predict stocks that have a positive quarter.
Let me know how this could be improved.
🏅 Top traders
# | Name | Total profit |
---|---|---|
1 | Ṁ922 | |
2 | Ṁ41 | |
3 | Ṁ26 | |
4 | Ṁ12 | |
5 | Ṁ9 |