FINAXIONResearch
Finaxion Research · CIEN

Which strategy works on CIEN?

On CIEN, 5 of 20 famous strategies beat buy-and-hold on daily bars; 0 of them hold out of sample.

Findings

On CIEN, 5 of 20 famous strategies beat buy-and-hold on daily bars; 0 of them hold out of sample. The best is "Sell in May and go away": +9.6 points a year over buying and holding CIEN. The worst is Stochastic: oversold cross (14, 3): -9.7 points a year against buy-and-hold.

  1. On CIEN, 5 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”: +9.6 points a year over buying and holding CIEN.
  3. The worst is Stochastic: oversold cross (14, 3): -9.7 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”×41195.6%+9.6%+3.5%59
Kaufman’s adaptive moving average (KAMA)607.8%195.6%+3.1%-3.0%overfit982
Supertrend: the line that changes colour486.0%195.6%+2.4%-3.7%partly53
Ichimoku: buy above the cloud381.9%195.6%+1.7%-4.4%overfit324
The golden cross (50/200)312.7%195.6%+1.2%-4.9%partly45
2-day RSI (the Connors rule)145.2%195.6%-0.6%-6.8%partly736
The Turtles: 55-day breakout139.2%195.6%-0.7%-6.9%overfit118
ADX: trade only in strong trends105.4%195.6%-1.3%-7.4%overfit893
Only invest above the 200-day average91.6%195.6%-1.5%-7.6%overfit259
Parabolic SAR: follow the dots87.6%195.6%-1.6%-7.7%overfit624
ICT / Smart Money: the order block-1.6%195.6%-3.8%-9.9%6
The MACD cross (12/26/9)-5.3%195.6%-3.9%-10.0%overfit589
Smart Money: the liquidity sweep-5.5%195.6%-3.9%-10.0%overfit66
Wyckoff: buying the accumulation-17.1%195.6%-4.4%-10.5%overfit214
ICT / Smart Money: the fair value gap-22.8%195.6%-4.6%-10.7%overfit224
Heikin Ashi: follow the coloured candles-65.6%195.6%-7.3%-13.4%overfit1919
RSI 14: buy oversold (30/70)-72.5%195.6%-8.0%-14.1%overfit56
Bounce off the lower Bollinger band-78.2%195.6%-8.8%-14.9%overfit238
Upper Bollinger band breakout-81.8%195.6%-9.3%-15.4%overfit488
Stochastic: oversold cross (14, 3)-83.9%195.6%-9.7%-15.9%overfit385

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.