FINAXIONResearch
Finaxion Research · AVGO

Which strategy works on AVGO?

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

Findings

On AVGO, 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): -17.3 points a year over buying and holding AVGO. The worst is ICT / Smart Money: the order block: -40.4 points a year against buy-and-hold.

  1. On AVGO, 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): -17.3 points a year over buying and holding AVGO.
  3. The worst is ICT / Smart Money: the order block: -40.4 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
The golden cross (50/200)×34×326-17.3%+8.4%—27
Supertrend: the line that changes colour×32×326-17.7%+7.9%—34
“Sell in May and go away”×26×326-19.4%+6.2%overfit34
Stochastic: oversold cross (14, 3)×21×326-20.6%+5.0%—231
Only invest above the 200-day average×20×326-21.0%+4.7%—161
RSI 14: buy oversold (30/70)926.1%×326-25.7%-0.1%—24
Wyckoff: buying the accumulation662.4%×326-27.7%-2.0%—91
The Turtles: 55-day breakout631.3%×326-28.0%-2.3%—76
The MACD cross (12/26/9)548.0%×326-28.8%-3.1%—350
ADX: trade only in strong trends342.4%×326-31.2%-5.6%—596
Parabolic SAR: follow the dots309.0%×326-31.7%-6.1%—390
Ichimoku: buy above the cloud292.6%×326-32.0%-6.3%—318
2-day RSI (the Connors rule)270.2%×326-32.4%-6.7%—372
Kaufman’s adaptive moving average (KAMA)235.8%×326-33.0%-7.3%—643
Bounce off the lower Bollinger band174.2%×326-34.3%-8.6%—124
Heikin Ashi: follow the coloured candles158.5%×326-34.6%-9.0%—1205
ICT / Smart Money: the fair value gap54.3%×326-37.8%-12.1%—140
Smart Money: the liquidity sweep1.9%×326-40.2%-14.6%—42
Upper Bollinger band breakout-0.3%×326-40.4%-14.7%—270
ICT / Smart Money: the order block-1.0%×326-40.4%-14.8%—12

Finaxion is an analysis tool, not an investment adviser. This page is not a recommendation. Past performance does not guarantee future results. Prices and series: market data. Computations: Finaxion engine.