Posted by Another wild month of SaaS is in the books and it’s time to share June 2018’s performance.
June 2018 SaaSy Index Performance: 1.73%
May 2018 SaaSy Index Performance: 0.80% (May 11-30th)
Cumulative Benchmark Comparison from inception of the index in May 2018
Here is a look at how each of the stocks within the Index performed in the month of June 2018.
Based on the cumulative performance and the individual stock performance over the month of June, you might think that this is a smooth ride… but SaaS is fairly volatile on a day to day basis. Here is a look at what the index was like on a daily basis in June:
In the month of June alone the SaaS index was up as much as 12% and then settled back down to where it ended at 1.73% for the month.
To invest in a SaaS index you have to be in it for the long haul and have strong convictions about the opportunity for growth over years not quarters or months.
Sincerely,
Your SaaS Roller Coaster Rider 🙂
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