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Post by beckmatt on Jan 20, 2016 14:42:37 GMT
Hi
When you click on the statistics page on the website, it show you the all time lending rate.
It has been around 7.0 of ages, but checked today and it's 7.6!
Do you know why the jump? Anything I should be wary of, or just be impressed?
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mikeh
Member of DD Central
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Post by mikeh on Jan 24, 2016 14:37:09 GMT
Hi When you click on the statistics page on the website, it show you the all time lending rate. It has been around 7.0 of ages, but checked today and it's 7.6! Do you know why the jump? Anything I should be wary of, or just be impressed? It doesn't make any sense to me for an all-time annualised lending rate to suddenly jump overnight. So I think there are 3 possibilities: 1) It has always been wrong but now they've put it right. 2) It was right but Faulty Calculations have changed something and made it wrong. 3) It was always wrong and still is wrong but in a different way to previously. My money is on (3)
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blender
Member of DD Central
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Post by blender on Jan 24, 2016 15:51:47 GMT
You are probably right that it is wrong. But when you say wrong, do you mean wrong when compared with the number which should come out from Fiddled Calculations' method of calculation and formula? Or wrong compared with how most of us would calculate it - for example including the money tied up in bids? Because even Failed Computations get it right, it's still wrong.
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mikeh
Member of DD Central
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Likes: 370
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Post by mikeh on Jan 24, 2016 16:38:48 GMT
You are probably right that it is wrong. But when you say wrong, do you mean wrong when compared with the number which should come out from Fiddled Calculations' method of calculation and formula? Or wrong compared with how most of us would calculate it - for example including the money tied up in bids? Because even Failed Computations get it right, it's still wrong. The former. Wrong as in an incorrect implementation of their published formulae which I think is a valid statistic even if a somewhat optimistic one.
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Post by longjohn on Jan 24, 2016 20:06:23 GMT
Hi When you click on the statistics page on the website, it show you the all time lending rate. It has been around 7.0 of ages, but checked today and it's 7.6! Do you know why the jump? Anything I should be wary of, or just be impressed? It doesn't make any sense to me for an all-time annualised lending rate to suddenly jump overnight. So I think there are 3 possibilities: 1) It has always been wrong but now they've put it right. 2) It was right but Faulty Calculations have changed something and made it wrong. 3) It was always wrong and still is wrong but in a different way to previously. My money is on (3) I'm guessing 2. The numbers were ok up until the day that the three unaccepted loans became trapped bids. Maybe the missing trapped bid money has been somehow added to the interest total. Who knows with Funny Calculations. The three loans were still showing a repayment schedule as well as zero funding. Also there was no reason given for not accepting the loans. This was a bit odd. We usually get some excuse. John
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jayjay
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Post by jayjay on Jan 26, 2016 7:42:36 GMT
My individual all time annualized return notched up another 0.2% over night. It also went up by 0.2% last week despite being hit by a bad debt. I have been investing for three years and it cannot move that much legitimately.
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SteveT
Member of DD Central
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Post by SteveT on Jan 26, 2016 8:31:41 GMT
My Annualised Return figure has now jumped again to 17.7% (versus 14.9% a week ago and 15.9% over the weekend). Fanciful Calculations clearly have a problem (or rather, an additional problem).
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bigfoot12
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Post by bigfoot12 on Jan 26, 2016 9:12:45 GMT
My Annualised Return figure has now jumped again to 17.7% (versus 14.9% a week ago and 15.9% over the weekend). Fanciful Calculations clearly have a problem (or rather, an additional problem). I'm up to 20% now (should be about 11%). Strange yesterday's trapped bids seem much smaller than those from Friday.
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Post by Deleted on Jan 26, 2016 9:35:32 GMT
I suspect it was just a badly handled quill pen, you know how easy it is to make a 6 look like a 0...
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Post by longjohn on Jan 26, 2016 18:18:22 GMT
My trapped bid money has found its way back into my account and the FC help page suggests that normality has returned.
My annualised return is still showing about 3.5% more than I think it should. Let's see what tomorrow brings.
John
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mikeh
Member of DD Central
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Post by mikeh on Jan 26, 2016 21:03:57 GMT
My AR has gone 13.5% - 15.7% - 16.9% and has now just dropped back to 13.8%
The all-time average on the Stats page still shows 7.6%
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bigfoot12
Member of DD Central
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Post by bigfoot12 on Jan 26, 2016 21:11:53 GMT
My account reconciled about 14:00, but the AR didn't change until much later. I am back to 10.9%, now. I guess that it must display a cached value and update it every few hours.
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fasty
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Post by fasty on Jan 26, 2016 21:22:21 GMT
Mine has just gone back to normal after a dizzy day or so. A.R. now 11%, not wildly exciting but I have managed to sustain it over several years.
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Post by longjohn on Jan 27, 2016 11:35:28 GMT
My AR is back to normal today too. So everything's fine and dandy again. Until the next time.
John
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am
Posts: 1,495
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Post by am on Jan 28, 2016 11:59:59 GMT
There is a statement on the in-house forum that 7.6% was an error, and the correct rate is 7.0%.
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