On WAB, 0 of 20 famous strategies beat buy-and-hold on daily bars; 0 of them hold out of sample.
On WAB, 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": -0.4 points a year over buying and holding WAB. The worst is Heikin Ashi: follow the coloured candles: -19.8 points a year against buy-and-hold.
| Strategy | Return | Buy and hold | Excess (pts/yr) | Vs. S&P 500 (pts/yr) | Out of sample | Trades |
|---|---|---|---|---|---|---|
| “Sell in May and go away” | ×38 | ×42 | -0.4% | +1.6% | — | 62 |
| Wyckoff: buying the accumulation | ×12 | ×42 | -4.6% | -2.6% | overfit | 183 |
| RSI 14: buy oversold (30/70) | ×11 | ×42 | -4.7% | -2.8% | overfit | 54 |
| Stochastic: oversold cross (14, 3) | 598.0% | ×42 | -6.3% | -4.3% | overfit | 432 |
| The golden cross (50/200) | 578.4% | ×42 | -6.4% | -4.4% | overfit | 45 |
| Supertrend: the line that changes colour | 470.8% | ×42 | -7.0% | -5.0% | overfit | 57 |
| Bounce off the lower Bollinger band | 286.8% | ×42 | -8.3% | -6.3% | overfit | 246 |
| Only invest above the 200-day average | 226.4% | ×42 | -8.9% | -6.9% | overfit | 249 |
| The Turtles: 55-day breakout | 198.7% | ×42 | -9.2% | -7.2% | overfit | 121 |
| The MACD cross (12/26/9) | 116.7% | ×42 | -10.2% | -8.3% | overfit | 628 |
| Parabolic SAR: follow the dots | 82.8% | ×42 | -10.8% | -8.8% | overfit | 691 |
| 2-day RSI (the Connors rule) | 69.3% | ×42 | -11.0% | -9.1% | overfit | 682 |
| Ichimoku: buy above the cloud | 37.1% | ×42 | -11.7% | -9.8% | overfit | 427 |
| ICT / Smart Money: the order block | -0.6% | ×42 | -12.8% | -10.8% | overfit | 12 |
| ADX: trade only in strong trends | -24.4% | ×42 | -13.6% | -11.7% | overfit | 981 |
| Smart Money: the liquidity sweep | -40.2% | ×42 | -14.4% | -12.4% | overfit | 134 |
| ICT / Smart Money: the fair value gap | -43.4% | ×42 | -14.6% | -12.6% | overfit | 250 |
| Kaufman’s adaptive moving average (KAMA) | -49.7% | ×42 | -14.9% | -13.0% | overfit | 1111 |
| Upper Bollinger band breakout | -71.0% | ×42 | -16.6% | -14.7% | overfit | 550 |
| Heikin Ashi: follow the coloured candles | -89.8% | ×42 | -19.8% | -17.8% | overfit | 2050 |
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.