Story Published:
May 6, 2008 at 2:44 PM CDT
Story Updated:
May 8, 2008 at 12:12 PM CDT
Manual High Students Win Online Virtual Stock Market Competition
After picking stocks that propelled them to the front of the class,
students from Manual High School took 1st place in the spring semester
of The Stock Market Game (SMG), an online stock portfolio simulation.
The winning student team included five 11th grade students. The
students increased their original $100,000 virtual cash to a final
portfolio equity of $133,028.43. They outperformed the S & P 500 for
the same period by 34.3283 %. The student team competed in the high
school level in their geographic region, beating out over 291 teams in
their division. More than 20,000 Illinois students participate
annually.
The Stock Market Game™, an educational program of the Illinois Council
on Economic Education (ICEE), teaches students about the world of
investments, helping them learn to research companies, make sound
investment decisions and follow those investments over a number of weeks during the school year. Student teams begin with a virtual cash
account, with which they create and manage a stock portfolio. Teams
research and evaluate companies and decide together how they want to invest their cash, based on what they have learned. Even though the
money is not real, stock transactions are processed at real-time
prices.
