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Finaxion Research · ALB

Which strategy works on ALB?

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

Findings

On ALB, 0 of 20 famous strategies beat buy-and-hold on daily bars, and 0 of them hold out of sample. The best is "Sell in May and go away" at -2.9 points a year over buying and holding ALB, while the worst is Upper Bollinger band breakout at -17.4 points a year against buy-and-hold.

  1. On ALB, 0 of 20 famous strategies beat buy-and-hold on daily bars; 0 of them hold out of sample.
  2. The best is “Sell in May and go away”: -2.9 points a year over buying and holding ALB.
  3. The worst is Upper Bollinger band breakout: -17.4 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
“Sell in May and go away”×14×32-2.9%-2.5%65
The golden cross (50/200)×12×32-3.4%-3.1%overfit52
Only invest above the 200-day average909.5%×32-3.9%-3.5%partly252
The Turtles: 55-day breakout310.9%×32-6.8%-6.4%overfit124
2-day RSI (the Connors rule)306.3%×32-6.8%-6.5%overfit758
Supertrend: the line that changes colour161.0%×32-8.2%-7.9%partly54
The MACD cross (12/26/9)153.8%×32-8.3%-8.0%overfit651
Ichimoku: buy above the cloud116.3%×32-8.8%-8.5%overfit478
Stochastic: oversold cross (14, 3)100.0%×32-9.1%-8.7%overfit438
RSI 14: buy oversold (30/70)80.9%×32-9.4%-9.0%overfit53
ICT / Smart Money: the fair value gap46.6%×32-10.0%-9.7%overfit240
Wyckoff: buying the accumulation21.9%×32-10.6%-10.3%overfit226
Bounce off the lower Bollinger band10.2%×32-10.9%-10.6%overfit274
ICT / Smart Money: the order block-0.8%×32-11.3%-10.9%12
Smart Money: the liquidity sweep-1.3%×32-11.3%-10.9%overfit86
ADX: trade only in strong trends-3.5%×32-11.3%-11.0%overfit1041
Parabolic SAR: follow the dots-59.9%×32-14.0%-13.7%overfit732
Kaufman’s adaptive moving average (KAMA)-68.2%×32-14.7%-14.4%overfit1181
Heikin Ashi: follow the coloured candles-73.7%×32-15.3%-14.9%overfit2206
Upper Bollinger band breakout-87.5%×32-17.4%-17.1%overfit530

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