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Finaxion Research · AIZ

Which strategy works on AIZ?

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

Findings

On AIZ, 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): -3.6 points a year over buying and holding AIZ, while the worst is Heikin Ashi: follow the coloured candles, at -21.0 points a year against buy-and-hold.

  1. On AIZ, 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): -3.6 points a year over buying and holding AIZ.
  3. The worst is Heikin Ashi: follow the coloured candles: -21.0 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)703.3%×17-3.6%-1.2%overfit33
Only invest above the 200-day average637.0%×17-4.1%-1.6%overfit147
“Sell in May and go away”446.6%×17-5.5%-3.0%overfit45
Ichimoku: buy above the cloud289.6%×17-7.1%-4.6%overfit297
Wyckoff: buying the accumulation262.8%×17-7.4%-5.0%overfit129
The MACD cross (12/26/9)150.7%×17-9.2%-6.7%overfit476
Parabolic SAR: follow the dots139.1%×17-9.4%-6.9%overfit524
RSI 14: buy oversold (30/70)122.6%×17-9.7%-7.2%overfit38
The Turtles: 55-day breakout111.1%×17-10.0%-7.5%overfit99
2-day RSI (the Connors rule)95.3%×17-10.3%-7.8%overfit484
Stochastic: oversold cross (14, 3)57.4%×17-11.3%-8.8%overfit303
ADX: trade only in strong trends54.5%×17-11.4%-8.9%overfit737
Kaufman’s adaptive moving average (KAMA)39.7%×17-11.8%-9.4%overfit795
Bounce off the lower Bollinger band28.4%×17-12.2%-9.8%overfit198
Supertrend: the line that changes colour10.6%×17-12.9%-10.4%overfit35
ICT / Smart Money: the order block3.2%×17-13.2%-10.7%overfit16
ICT / Smart Money: the fair value gap-12.2%×17-13.9%-11.4%overfit194
Smart Money: the liquidity sweep-19.6%×17-14.3%-11.8%overfit80
Upper Bollinger band breakout-49.1%×17-16.3%-13.8%overfit398
Heikin Ashi: follow the coloured candles-83.2%×17-21.0%-18.5%overfit1556

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