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Finaxion Research · LITE

Which strategy works on LITE?

On LITE, 0 of 19 famous strategies beat buy-and-hold on daily bars; 0 of them hold out of sample.

Findings

On LITE, 0 of 19 famous strategies beat buy-and-hold on daily bars; 0 of them hold out of sample. The best is RSI 14: buy oversold (30/70): -11.5 points a year over buying and holding LITE. The worst is Upper Bollinger band breakout: -41.7 points a year against buy-and-hold.

  1. On LITE, 0 of 19 famous strategies beat buy-and-hold on daily bars; 0 of them hold out of sample.
  2. The best is RSI 14: buy oversold (30/70): -11.5 points a year over buying and holding LITE.
  3. The worst is Upper Bollinger band breakout: -41.7 points a year against buy-and-hold.

The 19 strategies, one by one

StrategyReturnBuy and holdExcess (pts/yr)Vs. S&P 500 (pts/yr)Out of sampleTrades
RSI 14: buy oversold (30/70)×21×54-11.5%+17.5%—30
Supertrend: the line that changes colour×19×54-12.6%+16.4%—19
Ichimoku: buy above the cloud968.5%×54-19.3%+9.6%—141
The Turtles: 55-day breakout851.7%×54-20.6%+8.3%—44
The golden cross (50/200)714.0%×54-22.3%+6.6%—21
Only invest above the 200-day average687.8%×54-22.7%+6.2%—107
“Sell in May and go away”677.6%×54-22.9%+6.1%overfit22
Kaufman’s adaptive moving average (KAMA)654.3%×54-23.2%+5.8%—379
Bounce off the lower Bollinger band515.9%×54-25.3%+3.6%—106
ADX: trade only in strong trends481.1%×54-25.9%+3.0%—355
Stochastic: oversold cross (14, 3)346.4%×54-28.7%+0.2%—147
Heikin Ashi: follow the coloured candles216.5%×54-32.2%-3.3%—743
Parabolic SAR: follow the dots93.6%×54-37.0%-8.1%—247
The MACD cross (12/26/9)81.1%×54-37.6%-8.7%—209
Wyckoff: buying the accumulation68.4%×54-38.3%-9.4%—80
ICT / Smart Money: the fair value gap63.6%×54-38.6%-9.7%—72
2-day RSI (the Connors rule)29.4%×54-40.8%-11.9%—236
Smart Money: the liquidity sweep20.7%×54-41.4%-12.5%—34
Upper Bollinger band breakout17.0%×54-41.7%-12.8%—156

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.