Results
Tables of Results
The following tables summarise the results of our back-testing program and the Monte Carlo simulations. For an understanding of that program and the simulations click here.
| Table 1: ENSEMBLE STATISTICS: BACK TEST: INDEX MORTGAGE VERSUS TRADITIONAL MORTGAGE | ||
|---|---|---|
|
Statistic |
Result |
% of Sample |
| Races Begun |
13,638 |
|
| Races Completed |
5,833 |
100.0000% |
| Ties |
13 |
0.2229% |
| Index Mortgage Wins |
5,662 |
97.0684% |
| Index Mortgage Loses |
158 |
2.7087% |
| Biggest Win |
121 months |
|
| Worst Loss |
8 months |
|
| Average Months Saved |
42 months |
|
| Table 2A: ENSEMBLE STATISTICS: BACK TEST: INDEX MORTGAGE VERSUS 100% CASH OFFSET MORTGAGE | ||
|---|---|---|
|
Statistic |
Result |
% of Sample |
| Races Begun |
13,638 |
|
| Races Completed |
7,652 |
100.0000% |
| Ties |
106 |
1.3853% |
| Index Mortgage Wins |
5,586 |
73.005% |
| Index Mortgage Loses |
1,960 |
25.6142% |
| Biggest Win |
64 months |
|
| Worst Loss |
35 months |
|
| Average Months Saved |
14 months |
|
| Table 2B: ENSEMBLE STATISTICS: BACK TEST: INDEX MORTGAGE VERSUS 100% CASH OFFSET MORTGAGE: RATE CAP | ||
|---|---|---|
|
Statistic |
Result |
% of Sample |
| Races Begun |
13,638 |
|
| Races Completed |
7,652 |
100.0000% |
| Ties |
45 |
0.5881% |
| Index Mortgage Wins |
7,335 |
95.8573% |
| Index Mortgage Loses |
272 |
3.5546% |
| Biggest Win |
70 months |
|
| Worst Loss |
22 months |
|
| Average Months Saved |
27 months |
|
| Table 3: ENSEMBLE STATISTICS: MONTE CARLO SIMULATIONS: INDEX MORTGAGE VERSUS TRADITIONAL MORTGAGE | ||
|---|---|---|
|
Statistic |
Result |
% of Sample |
| Simulations |
5,000 |
100.0000% |
| Ties |
14 |
0.2800% |
| Index Mortgage Wins |
4,588 |
91.7600% |
| Index Mortgage Loses |
398 |
7.9600% |