ali
Member of DD Central
Posts: 313
Likes: 311
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Post by ali on Sept 21, 2016 7:36:38 GMT
I tried opening it, but Excel said it was unrecoverable content (i.e. unreadable). Just by glancing at the recent auction data, though, it is clear there is lots of money in search of yield and this has pushed a lot of auctions to close at 8%. We've also signed up a lot of new customers (8 new customers have sold their invoice this month). The recent increase in available invoices has been larger than the increase in investor funds, which is a positive sign for investors looking for higher yields going forward. When analysing the bids across insolvency probabilities and credit ratings, it makes more sense to look at the debtors' rates first and only then the sellers' rates. The seller's rate is important for recovery in case of a default and recourse. Excel's support for ODS is a little patchy. Here's an (updated) version converted to XLS. Perhaps it will work better for you. yield.xls (30 KB) Thanks for taking the time to look at this.
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Post by buttchopf23 on Sept 21, 2016 7:50:32 GMT
thank you ali, I couldn't open the ods, but I will have a look at the xls
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Post by buttchopf23 on Sept 22, 2016 11:07:49 GMT
and again the newest gbp invoice will Close on 8% (currently 10%). if there is no serious uptick in volumes, my pounds will go elsewhere
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Post by bitmoeda on Oct 6, 2016 1:00:05 GMT
I've done some data analysis as well and concluded that the auction close rate is most closely linked to the size of the invoice. Currently we are working on a new version of our website but once that is live (late autumn), we will start work on improving the autobidder (which will allow to use the rating as a filtering agent). All of your comments and improvement suggestions are welcome, of course. You should really improve you autobidder because it seems a lot of users have just configured an 8% rate so they can win the auction. That means that with low value invoices the autobidder will fullfill all the invoice value and it will always be 8%, no matter what the rating is.
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Post by kristjan on Oct 6, 2016 7:03:33 GMT
I've done some data analysis as well and concluded that the auction close rate is most closely linked to the size of the invoice. Currently we are working on a new version of our website but once that is live (late autumn), we will start work on improving the autobidder (which will allow to use the rating as a filtering agent). All of your comments and improvement suggestions are welcome, of course. You should really improve you autobidder because it seems a lot of users have just configured an 8% rate so they can win the auction. That means that with low value invoices the autobidder will fullfill all the invoice value and it will always be 8%, no matter what the rating is. I agree the autobidder needs improving. We will start working on this once the new website is live and all the bugs have been fixed (we will try to fix all the bugs before the release, of course).
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