As of: March 18, 2024, 9:09 a.m
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Happy winners in the stock market simulation game: Board member Michael Lautenbacher from Sparkasse Oberland (left) awarded six student teams from the region.
© Sparkasse Oberland
Sparkasse Oberland awards student teams for success in the stock market simulation game - first place makes almost 24 percent fictitious profit.
Region/Weilheim - The stock market simulation game is the largest stock market simulation game in Europe.
The round of games was held from October 4, 2023 to January 30, 2024. It teaches young people basic economic knowledge, how the stock market works, how to use money responsibly and promotes the idea of sustainability.
The simulation game was carried out in the following countries: Germany, France, Italy, Luxembourg, Austria as well as internationally such as.
in Latin America.
A total of over 45,000 teams took part, including 197 student teams from Sparkasse Oberland.
In total, the simulation game had 104,000 participants, including 467 students from Sparkasse Oberland.
At the beginning of the simulation game, each team had fictitious starting capital of 50,000 euros.
In the last stock market game, Amazon and Rheinmetall were the securities with the highest turnover.
The securities with the lowest turnover were CRH and Industrivärden.
In addition to the Ukraine war, this year's round of games was marked by a record high for the DAX at the end of the year - supported by falling energy prices and hopes of falling interest rates.
The award ceremony
Board member Michael Lautenbacher from Sparkasse Oberland now awarded the six best student groups in the overall portfolio assessment and the sustainability assessment of the stock market simulation game.
1st place in the overall portfolio rating:
- Team “Money Alphas” from Werdenfels Gymnasium in Garmisch-Partenkirchen
- Generated a portfolio value of 61,635.85 euros with 41 trades.
This corresponds to a performance of 23.27%.
- Prize money: 300 euros
2nd place in the overall portfolio rating:
- Team “KFN auf die 1” from the Peißenberg secondary school
- With 27 trades, a portfolio value of 60,765.05 euros was generated.
This corresponds to a performance of 21.53%.
- Prize money: 200 euros
3rd place in the overall portfolio rating:
- Team “Rüdiger Rammel” from Penzberg High School
- With 41 trades, a portfolio value of 60,670.44 euros was generated.
This corresponds to a performance of 21.34%.
- Prize money: 100 euros
1st place in the sustainability rating
- Team “Lovis and Lukas” from Penzberg High School
- Generated a sustainability profit of 6,180.61 euros with 60 trades.
- Prize money: 300 euros
2nd place in the sustainability rating
- Team “The Trio Infernale” from Penzberg High School
- Generated a sustainability income of 5,563.47 euros with 23 trades.
- Prize money: 200 euros
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Third place in the sustainability rating:
- Team “CVMJ” from the Wilhelm-Conrad-Röntgen-Mittelschule in Weilheim
- Generated a sustainability profit of 4,360.62 euros with 22 trades.
- Prize money: 100 euros
The next round of the stock market simulation game starts on October 1st, 2024 and runs until January 24th, 2025.