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Finaxion Research · ACGL

Which strategy works on ACGL?

On ACGL, 0 of 20 famous strategies beat buy-and-hold on daily bars; 0 of them hold out of sample.

Findings

On ACGL, 0 of 20 famous strategies beat buy-and-hold on daily bars, and 0 of them hold out of sample. The best is the golden cross (50/200): -1.7 points a year over buying and holding ACGL. The worst is Kaufman's adaptive moving average (KAMA): -17.8 points a year against buy-and-hold.

  1. On ACGL, 0 of 20 famous strategies beat buy-and-hold on daily bars; 0 of them hold out of sample.
  2. The best is the golden cross (50/200): -1.7 points a year over buying and holding ACGL.
  3. The worst is Kaufman’s adaptive moving average (KAMA): -17.8 points a year against buy-and-hold.

The 20 strategies, one by one

StrategyReturnBuy and holdExcess (pts/yr)Vs. S&P 500 (pts/yr)Out of sampleTrades
The golden cross (50/200)×27×44-1.7%+0.7%overfit35
Stochastic: oversold cross (14, 3)×11×44-4.8%-2.4%overfit426
RSI 14: buy oversold (30/70)756.3%×44-5.8%-3.4%overfit52
Only invest above the 200-day average708.9%×44-6.0%-3.5%259
Supertrend: the line that changes colour506.0%×44-7.0%-4.5%overfit47
“Sell in May and go away”326.7%×44-8.2%-5.8%overfit62
Wyckoff: buying the accumulation309.7%×44-8.3%-5.9%177
Bounce off the lower Bollinger band169.9%×44-9.7%-7.3%overfit250
2-day RSI (the Connors rule)139.9%×44-10.1%-7.7%overfit666
The Turtles: 55-day breakout139.1%×44-10.1%-7.7%overfit117
Ichimoku: buy above the cloud23.6%×44-12.3%-9.9%overfit512
The MACD cross (12/26/9)7.7%×44-12.7%-10.3%overfit665
Smart Money: the liquidity sweep4.4%×44-12.8%-10.4%overfit126
ICT / Smart Money: the order block-4.6%×44-13.1%-10.7%overfit32
Upper Bollinger band breakout-15.2%×44-13.5%-11.1%overfit524
ICT / Smart Money: the fair value gap-26.7%×44-14.0%-11.6%overfit258
Parabolic SAR: follow the dots-39.4%×44-14.6%-12.2%overfit697
ADX: trade only in strong trends-61.4%×44-16.0%-13.6%overfit1042
Heikin Ashi: follow the coloured candles-70.7%×44-16.9%-14.4%overfit2224
Kaufman’s adaptive moving average (KAMA)-78.1%×44-17.8%-15.3%overfit1194

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