Wednesday, December 5, 2007

Hiccup In Portfolio ROI Estimation

Prosper refreshed the statistics for the bidding and portfolio ROI in the last day or so. The new statistics are for loans underwritten between June 1, 2006 and Sept 30, 2007 as viewed from Oct 31, 2007. Prosper Andrew has suggested that it takes several days for all of the ACH transactions to settle out in the statistics, which I'm guessing is why they don't use Nov 30 as the observation date.

This a good thing. It's an indication that Prosper is working to keep the statistics relevant and up to date. The one downside for this update is that it hiccuped on the conservative portfolio:

It looks like one of the standing orders that make up the portfolio had a hiccup and it polluted the calculation.

Update: Appears fixed as of 1:30 PM CST

1 comment:

Andrew said...

Andrew from Prosper here - yeah, we had an error in our nightly performance calculations. We'll be fixing it shortly.