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Finaxion Research · PWR

Which strategy works on PWR?

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

Findings

On PWR, 0 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": -0.8 points a year over buying and holding PWR. The worst is Upper Bollinger band breakout: -17.9 points a year against buy-and-hold.

  1. On PWR, 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”: -0.8 points a year over buying and holding PWR.
  3. The worst is Upper Bollinger band breakout: -17.9 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”×68×83-0.8%+6.7%—57
The golden cross (50/200)×34×83-3.6%+4.0%overfit37
Parabolic SAR: follow the dots×29×83-4.1%+3.4%overfit638
Only invest above the 200-day average×28×83-4.4%+3.2%overfit181
Supertrend: the line that changes colour×23×83-5.0%+2.5%overfit53
ADX: trade only in strong trends×13×83-7.3%+0.2%overfit916
Heikin Ashi: follow the coloured candles976.7%×83-8.0%-0.5%—1849
Wyckoff: buying the accumulation687.3%×83-9.2%-1.7%overfit178
Ichimoku: buy above the cloud455.0%×83-10.5%-3.0%overfit418
The MACD cross (12/26/9)278.4%×83-11.9%-4.4%overfit606
The Turtles: 55-day breakout232.5%×83-12.4%-4.9%overfit126
RSI 14: buy oversold (30/70)213.3%×83-12.6%-5.1%overfit51
2-day RSI (the Connors rule)164.8%×83-13.2%-5.7%overfit723
Bounce off the lower Bollinger band112.7%×83-14.0%-6.5%overfit242
Kaufman’s adaptive moving average (KAMA)65.3%×83-14.9%-7.4%overfit1066
Stochastic: oversold cross (14, 3)27.8%×83-15.9%-8.3%overfit347
ICT / Smart Money: the order block0.0%×83-16.7%-9.2%—10
ICT / Smart Money: the fair value gap-6.2%×83-16.9%-9.4%overfit246
Smart Money: the liquidity sweep-9.3%×83-17.1%-9.5%overfit86
Upper Bollinger band breakout-29.8%×83-17.9%-10.4%overfit468

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.