c88dnf
Member of DD Central
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Post by c88dnf on Dec 28, 2014 1:17:49 GMT
For your delight and entertainment I attach a file with details of Ratesetter's weekly sales figures during 2014, with graphs included showing 4- and 12-weekly moving averages. Figures are drawn from RS' own website. My summary of RS' year would be: remarkable growth Q1-Q3; a period in the doldrums in early Q4; and a strong recovery in the run up to Christmas. The drop on the extreme right of each chart is caused by the much lower number of loans arranged in Christmas week. That's consistent with every year so far for RS, but it's a sign of how sales have grown that 2014's Christmas week figures would have been a record-breaking week in 2013. Christmas week 2013 saw £1.17M of sales; 2014 was £4.23M. Quite an achievement. FYI - Thanks to westonkevRS (see later post), the file has been updated (29/12/2014) to show Zopa figures too, enabling an RS/ Zopa comparison for most of 2014. RS rolling 4 weekly lending.xls (28 KB) |
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Post by geoffrey on Dec 29, 2014 12:56:28 GMT
For your delight and entertainment I attach a file with details of Ratesetter's weekly sales figures during 2014, with graphs included showing 4- and 12-weekly moving averages. Figures are drawn from RS' own website. My summary of RS' year would be: remarkable growth Q1-Q3; a period in the doldrums in early Q4; and a strong recovery in the run up to Christmas. The drop on the extreme right of each chart is caused by the much lower number of loans arranged in Christmas week. That's consistent with every year so far for RS, but it's a sign of how sales have grown that 2014's Christmas week figures would have been a record-breaking week in 2013. Christmas week 2013 saw £1.17M of sales; 2014 was £4.23M. Quite an achievement. FYI - During 4Q14 I started also to include weekly sales figures for Zopa as a comparison, using info supplied in my own weekly report from Zopa. That info ceased to appear just before Christmas, but if anyone has the data and can quote the source for it, I'll add the Zopa figures to the spreadsheet. Those that I have for Zopa are shown and graphed as for RS. Wow, interesting graphs! Did you take these figures from the weekly volume option on the Rate Trends chart? Thank you very much for this. I've often thought it would be good if we could monitor the 24-hour matched volume figures more closely, but I guess that would require RS to make an API available.
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c88dnf
Member of DD Central
Posts: 364
Likes: 266
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Post by c88dnf on Dec 29, 2014 14:21:19 GMT
For your delight and entertainment I attach a file with details of Ratesetter's weekly sales figures during 2014, with graphs included showing 4- and 12-weekly moving averages. Figures are drawn from RS' own website. Wow, interesting graphs! Did you take these figures from the weekly volume option on the Rate Trends chart? Thank you very much for this. I've often thought it would be good if we could monitor the 24-hour matched volume figures more closely, but I guess that would require RS to make an API available. Thanks for your kind comments geoffrey. Yes, the RS numbers come from the weekly volume data as you guessed. Since my first post, Zopa's weekly volume information is again showing on my weekly report from them, so I've updated the file and embedded graphs to display Ratesetter and Zopa data together. Updated file is now in the first post in this thread for ease of reference.
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Post by westonkevRS on Dec 29, 2014 20:29:59 GMT
You only had to ask.... I could have provided this data (segmented as you wish, as long as it is high level and doesn't provide any competitive insight). Zopa weekly disbursal and other data is on Ljay's charts: > www.ljay.org.uk/zopa/zopadisb.html> www.ljay.org.uk/zopa/summary.htmlZopa are kind enough to provide an API (not something that RateSetter is ever likely to do), a pretty cool service since the early days for the hardcore lenders. Kevin. |
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c88dnf
Member of DD Central
Posts: 364
Likes: 266
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Post by c88dnf on Dec 29, 2014 21:55:48 GMT
You only had to ask.... I could have provided this data (segmented as you wish, as long as it is high level and doesn't provide any competitive insight). Zopa weekly disbursal and other data is on Ljay's charts: Thanks Kevin! File now updated with Zopa data and attached to the first post in the thread. I think the graphs of both lenders' 2014 performance make fascinating viewing, but then again, I need to get out more....
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Post by geoffrey on Dec 29, 2014 22:18:23 GMT
These graphs show both leading platforms looking robust in terms of keeping turnover growing, but RS pulling ahead with several "surges" that have given it an ever-widening edge over ZP. Maybe RS' advertising has been paying off. I've almost completed my disinvestment from ZP (through natural decay of the loan book), as their longer-term rates are just not competitive for lenders IMHO. Now, RS, if you can just get those 5-year rates back at 6% or above I've got some more dosh I could send your way for investment...
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Post by westonkevRS on Dec 30, 2014 10:30:30 GMT
I thought the Market Rate would drop over this festive period as lending slowed and repayments continued to flow. However RateSetter lending has been surprisingly robust the last few weeks, and we expect January to pick up due to the seasonal demand.
So as much as I'd like to see lower rates as an employee (but not as a lender), I think by the second week of January we'll be back to 6% with nibbles for the patient in the meantime...
.... But still, for those lenders looking for boring safe (as safe as it is possible to be in the non FSCS P2P world) returns, 5.7% to 5.9% is pretty good methinks.
Kevin.
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Post by westonkevRS on Feb 9, 2015 20:07:49 GMT
Now, RS, if you can just get those 5-year rates back at 6% or above I've got some more dosh I could send your way for investment.. Your wish was our command.... Now where's that dosh?
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Post by p2plender on Feb 9, 2015 20:13:20 GMT
Now, RS, if you can just get those 5-year rates back at 7% or above I've got some more dosh I could send your way for investment..
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