Works in few markets
Its ground: forex, on 4-hour, buying several assets in signal — it beats in 24 of 961 combinations.
Detail on the index (S&P 500), which is the reference for the chart, the robustness suite and the neighbours.
The Turtles: 55-day breakout strategy does not work consistently in any asset class; it does least badly on forex pairs: 4 of 40 (10%), while it does worst on single stocks: it beats in 18 of 904. Of the 17 daily markets where it beats, 5 hold out of sample (29%), and no neighbouring parameter beats the index, indicating the published setting is a point, not a region. It improves as the bar gets longer: on 5-minute bars it beats in 0 of 118; on 4-hour bars, in 5 of 118, though it has aged, as in 40 markets it beat in the first half of the history and stopped in the second; the reverse happens in only 16.
Findings derived from the full panel. Each carries its number and its denominator; the computations are reproducible with artifact 0712690e8935.
“Buy when price makes a 55-day high. It’s the system that made Richard Dennis’s Turtles millionaires.”
Close above the prior 55-day high → entry. Close below the prior 20-day low → exit (original System 2). No pyramiding or ATR sizing: we test the signal alone.
| Asset | Return | Buy and hold | Difference | Vs. S&P 500 (CAGR/yr) | Trades | Out of sample |
|---|---|---|---|---|---|---|
| S&P 500 (SPY) | +101.5% | +3081.0% | -2979.5% | -8.7 pts | 163 | OVERFIT |
| Nasdaq-100 (QQQ) | +188.8% | +1565.8% | -1377.1% | -4.6 pts | 128 | OVERFIT |
| Russell 2000 (IWM) | +21.7% | +801.9% | -780.2% | -7.9 pts | 129 | OVERFIT |
| Emergentes (EEM) | +224.0% | +830.9% | -607.0% | -6.5 pts | 96 | OVERFIT |
| Oro (GLD) | +138.4% | +820.3% | -681.9% | -6.9 pts | 89 | OVERFIT |
| Bonos 20 años (TLT) | +59.4% | +131.2% | -71.8% | -9.3 pts | 86 | OVERFIT |
| Asset | Return | Buy and hold | Difference | Vs. S&P 500 (CAGR/yr) | Trades | Out of sample |
|---|---|---|---|---|---|---|
| Dow 30 (cartera) (30 · max 10) | +303.1% | +3081.0% | -2777.9% | -6.6 pts | 1075 | — |
| Asset | Return | Buy and hold | Difference | Vs. S&P 500 (CAGR/yr) | Trades | Out of sample |
|---|---|---|---|---|---|---|
| Nasdaq-100 (cartera) (98 · max 20) | +42869.3% | +3081.0% | +39788.3% | +9.0 pts | 3463 | — |
| Asset | Return | Buy and hold | Difference | Vs. S&P 500 (CAGR/yr) | Trades | Out of sample |
|---|---|---|---|---|---|---|
| S&P 500 (cartera) (498 · max 25) | +232.4% | +3081.0% | -2848.6% | -7.2 pts | 7439 | — |
| Asset | Return | Buy and hold | Difference | Vs. S&P 500 (CAGR/yr) | Trades | Out of sample |
|---|---|---|---|---|---|---|
| AAPL | +11952.4% | +322813.1% | -310860.6% | before 1993 | 191 | MARGINAL |
| AMGN | +2712.4% | +187272.6% | -184560.1% | before 1993 | 177 | MARGINAL |
| AMZN | +1253.9% | +265196.1% | -263942.2% | -0.4 pts | 131 | OVERFIT |
| AXP | +446.6% | +27029.4% | -26582.7% | before 1993 | 220 | OVERFIT |
| BA | +3813.7% | +108724.7% | -104910.9% | before 1993 | 253 | MARGINAL |
| CAT | +2452.3% | +172708.3% | -170256.0% | before 1993 | 252 | OVERFIT |
| CRM | +222.1% | +5992.9% | -5770.8% | -5.5 pts | 87 | OVERFIT |
| CSCO | +6830.0% | +222956.6% | -216126.6% | before 1993 | 152 | MARGINAL |
| CVX | +145.2% | +68037.6% | -67892.4% | before 1993 | 247 | OVERFIT |
| DIS | +17882.5% | +189847.3% | -171964.8% | before 1993 | 247 | OVERFIT |
| GOOGL | +158.3% | +13534.3% | -13376.0% | -6.9 pts | 102 | OVERFIT |
| GS | +363.2% | +2027.1% | -1664.0% | -2.7 pts | 120 | OVERFIT |
| HD | +3008.3% | +1985758.9% | -1982750.6% | before 1993 | 204 | OVERFIT |
| HON | -0.8% | +21058.8% | -21059.6% | before 1993 | 294 | OVERFIT |
| IBM | +266.8% | +16203.8% | -15937.1% | before 1993 | 276 | OVERFIT |
| JNJ | +803.1% | +445196.6% | -444393.5% | before 1993 | 281 | OVERFIT |
| JPM | +590.4% | +34522.5% | -33932.0% | before 1993 | 183 | OVERFIT |
| KO | +889.7% | +199349.6% | -198459.9% | before 1993 | 271 | OVERFIT |
| MCD | +601.9% | +236707.0% | -236105.1% | before 1993 | 252 | OVERFIT |
| MMM | -20.0% | +31160.0% | -31180.0% | before 1993 | 289 | OVERFIT |
| MRK | +636.1% | +233375.1% | -232739.0% | before 1993 | 283 | OVERFIT |
| MSFT | +6557.5% | +859506.0% | -852948.4% | before 1993 | 163 | MARGINAL |
| NKE | +1192.4% | +32003.7% | -30811.3% | before 1993 | 176 | OVERFIT |
| NVDA | +82203.5% | +587720.8% | -505517.3% | +18.9 pts | 113 | GENERALIZED |
| PG | +371.5% | +59706.6% | -59335.2% | before 1993 | 259 | OVERFIT |
| SHW | +724.3% | +231766.6% | -231042.2% | before 1993 | 191 | MARGINAL |
| TRV | -47.3% | +12287.7% | -12335.0% | before 1993 | 232 | OVERFIT |
| UNH | +1165.9% | +353381.4% | -352215.5% | before 1993 | 174 | OVERFIT |
| V | +134.5% | +2961.1% | -2826.6% | -7.4 pts | 75 | INCONCLUSIVE |
| WMT | +1305.7% | +915365.3% | -914059.7% | before 1993 | 236 | MARGINAL |
| ABNB | n/a · history < 10y (5.7y) | |||||
| ADBE | +1867.0% | +147731.1% | -145864.0% | before 1993 | 169 | MARGINAL |
| ADI | -64.2% | +81534.0% | -81598.2% | before 1993 | 210 | OVERFIT |
| ADP | +423.1% | +74205.9% | -73782.8% | before 1993 | 197 | OVERFIT |
| ADSK | +298.0% | +58084.6% | -57786.6% | before 1993 | 161 | OVERFIT |
| AEP | +337.4% | +13797.6% | -13460.2% | before 1993 | 254 | OVERFIT |
| ALAB | n/a · history < 10y (2.4y) | |||||
| ALNY | +142.1% | +3338.4% | -3196.3% | -7.0 pts | 78 | OVERFIT |
| AMAT | +15432.8% | +664974.8% | -649542.1% | before 1993 | 182 | OVERFIT |
| AMD | +12441.8% | +14863.3% | -2421.5% | before 1993 | 166 | MARGINAL |
| APP | n/a · history < 10y (5.4y) | |||||
| ARM | n/a · history < 10y (3.0y) | |||||
| ASML | +1623.5% | +96277.5% | -94653.9% | -1.5 pts | 150 | OVERFIT |
| AVGO | +631.3% | +32512.1% | -31880.8% | -2.3 pts | 76 | INCONCLUSIVE |
| AXON | +147291.0% | +123065.2% | +24225.8% | +24.1 pts | 79 | MARGINAL |
| BKNG | +2144.6% | +922.2% | +1222.4% | +3.4 pts | 101 | OVERFIT |
| BKR | +13.1% | +933.9% | -920.8% | before 1993 | 148 | OVERFIT |
| CCEP | +192.4% | +7081.8% | -6889.4% | before 1993 | 165 | OVERFIT |
| CDNS | +23.5% | +16839.0% | -16815.5% | before 1993 | 172 | OVERFIT |
| CEG | n/a · history < 10y (4.6y) | |||||
| CMCSA | +366.0% | +47049.9% | -46683.9% | before 1993 | 182 | OVERFIT |
| COST | +182.5% | +12800.7% | -12618.2% | before 1993 | 166 | OVERFIT |
| CPRT | +237.4% | +21554.9% | -21317.5% | -7.1 pts | 135 | OVERFIT |
| CRWD | n/a · history < 10y (7.2y) | |||||
| CSX | +58.3% | +40426.1% | -40367.8% | before 1993 | 203 | OVERFIT |
| CTAS | +655.4% | +123411.3% | -122755.9% | before 1993 | 185 | OVERFIT |
| DASH | n/a · history < 10y (5.7y) | |||||
| DDOG | n/a · history < 10y (6.9y) | |||||
| DXCM | +900.5% | +3002.6% | -2102.0% | +0.1 pts | 71 | OVERFIT |
| EA | n/a · history < 10y (9.0y) | |||||
| EXC | +1317.5% | +17730.6% | -16413.1% | before 1993 | 192 | MARGINAL |
| FANG | +180.6% | +1406.8% | -1226.2% | -7.1 pts | 52 | INCONCLUSIVE |
| FAST | +223.2% | +262350.7% | -262127.5% | before 1993 | 169 | OVERFIT |
| FER | +36.9% | +593.7% | -556.8% | -12.5 pts | 62 | INCONCLUSIVE |
| FTNT | +994.3% | +10184.6% | -9190.3% | +1.2 pts | 59 | INCONCLUSIVE |
| GEHC | n/a · history < 10y (3.7y) | |||||
| GILD | +86.1% | +33594.8% | -33508.7% | before 1993 | 151 | OVERFIT |
| HONA | n/a · history < 10y (0.2y) | |||||
| IDXX | +746.2% | +58789.5% | -58043.3% | before 1993 | 145 | MARGINAL |
| INTC | +140.6% | +49216.9% | -49076.3% | before 1993 | 222 | OVERFIT |
| INTU | +66.0% | +15430.2% | -15364.2% | -9.3 pts | 147 | OVERFIT |
| ISRG | +512.7% | +18484.9% | -17972.2% | -1.2 pts | 104 | OVERFIT |
| KDP | +61.8% | +1090.2% | -1028.4% | -9.1 pts | 74 | INCONCLUSIVE |
| KHC | -21.0% | -42.2% | +21.2% | -16.4 pts | 41 | INCONCLUSIVE |
| KLAC | +300.9% | +289399.1% | -289098.3% | before 1993 | 202 | OVERFIT |
| LIN | -12.9% | +10777.0% | -10789.9% | before 1993 | 162 | OVERFIT |
| LITE | +851.7% | +5280.9% | -4429.2% | +8.3 pts | 44 | INCONCLUSIVE |
| LRCX | +1579.7% | +159814.6% | -158234.9% | before 1993 | 174 | OVERFIT |
| MAR | -6.9% | +2539.5% | -2546.4% | -9.2 pts | 126 | OVERFIT |
| MCHP | -9.3% | +41961.5% | -41970.8% | -11.1 pts | 146 | OVERFIT |
| MDLZ | -40.7% | +461.4% | -502.1% | -11.5 pts | 113 | OVERFIT |
| MELI | +92.3% | +6911.0% | -6818.8% | -7.7 pts | 85 | INCONCLUSIVE |
| META | +375.3% | +1410.2% | -1034.9% | -3.7 pts | 56 | INCONCLUSIVE |
| MNST | +2454.6% | +61968.9% | -59514.2% | before 1993 | 130 | OVERFIT |
| MPWR | +295.6% | +15002.1% | -14706.5% | -4.5 pts | 94 | OVERFIT |
| MRVL | +268.8% | +1645.0% | -1376.2% | -3.3 pts | 98 | OVERFIT |
| MSTR | +3335.0% | +1158.6% | +2176.4% | +4.4 pts | 103 | MARGINAL |
| MU | +19167.8% | +70877.8% | -51710.0% | before 1993 | 148 | MARGINAL |
| NFLX | +13940.4% | +67643.2% | -53702.8% | +12.3 pts | 96 | GENERALIZED |
| NXPI | +276.1% | +1721.2% | -1445.1% | -6.1 pts | 60 | INCONCLUSIVE |
| ODFL | +149.6% | +36444.7% | -36295.1% | before 1993 | 142 | OVERFIT |
| ORLY | +383.0% | +55255.7% | -54872.7% | -6.1 pts | 138 | OVERFIT |
| PANW | +122.8% | +4215.4% | -4092.6% | -9.1 pts | 61 | INCONCLUSIVE |
| PCAR | +982.8% | +57106.4% | -56123.6% | before 1993 | 194 | OVERFIT |
| PDD | n/a · history < 10y (8.1y) | |||||
| PEP | +36.0% | +37760.7% | -37724.7% | before 1993 | 246 | OVERFIT |
| PLTR | n/a · history < 10y (5.9y) | |||||
| PYPL | +22.5% | +44.7% | -22.2% | -12.5 pts | 40 | INCONCLUSIVE |
| QCOM | +3451.3% | +50430.1% | -46978.8% | before 1993 | 132 | MARGINAL |
| REGN | +36.7% | +3718.3% | -3681.6% | before 1993 | 133 | OVERFIT |
| ROP | +1195.3% | +26003.6% | -24808.3% | before 1993 | 131 | MARGINAL |
| ROST | +1206.7% | +55801.1% | -54594.5% | before 1993 | 166 | OVERFIT |
| SBUX | +738.2% | +43019.5% | -42281.4% | before 1993 | 130 | MARGINAL |
| SHOP | +678.1% | +8568.8% | -7890.7% | +6.1 pts | 39 | INCONCLUSIVE |
| SNDK | n/a · history < 10y (1.5y) | |||||
| SNPS | +10.7% | +5482.1% | -5471.4% | before 1993 | 146 | OVERFIT |
| STX | +4331.8% | +15614.6% | -11282.8% | +5.9 pts | 90 | OVERFIT |
| TER | +1093.7% | +31309.8% | -30216.1% | before 1993 | 212 | OVERFIT |
| TMUS | +16.4% | +318.0% | -301.5% | -10.1 pts | 78 | INCONCLUSIVE |
| TRI | +2.2% | +578.4% | -576.2% | -10.6 pts | 103 | OVERFIT |
| TSLA | +1209.6% | +23002.8% | -21793.2% | +2.1 pts | 62 | INCONCLUSIVE |
| TTWO | +6.6% | +5509.7% | -5503.1% | -9.8 pts | 116 | OVERFIT |
| TXN | +668.8% | +38040.6% | -37371.8% | before 1993 | 228 | OVERFIT |
| VRTX | +56.4% | +12000.4% | -11944.1% | before 1993 | 135 | OVERFIT |
| WBD | +89.4% | +302.2% | -212.7% | -8.1 pts | 75 | OVERFIT |
| WDAY | -67.6% | +305.5% | -373.1% | -22.6 pts | 71 | INCONCLUSIVE |
| WDC | +1535.2% | +66202.2% | -64667.0% | before 1993 | 180 | OVERFIT |
| XEL | +63.4% | +7388.9% | -7325.5% | before 1993 | 226 | OVERFIT |
| A | +252.5% | +486.3% | -233.8% | -3.5 pts | 105 | OVERFIT |
| ABBV | +178.1% | +1156.0% | -978.0% | -7.0 pts | 55 | INCONCLUSIVE |
| ABT | +131.6% | +62056.2% | -61924.6% | before 1993 | 199 | OVERFIT |
| ACGL | +139.1% | +4268.0% | -4129.0% | -7.7 pts | 117 | OVERFIT |
| ACN | +57.5% | +1726.5% | -1669.0% | -7.7 pts | 112 | OVERFIT |
| ADM | +186.5% | +9265.6% | -9079.1% | before 1993 | 174 | OVERFIT |
| AEE | -47.3% | +813.9% | -861.3% | -11.5 pts | 140 | OVERFIT |
| AES | +374.0% | +647.5% | -273.4% | before 1993 | 137 | MARGINAL |
| AFL | +572.1% | +205848.4% | -205276.4% | before 1993 | 190 | OVERFIT |
| AIG | +58.2% | +468.3% | -410.1% | before 1993 | 222 | OVERFIT |
| AIZ | +111.1% | +1585.5% | -1474.3% | -7.5 pts | 99 | OVERFIT |
| AJG | +395.5% | +41899.5% | -41504.0% | before 1993 | 187 | OVERFIT |
| AKAM | +651.7% | -25.2% | +676.9% | -0.7 pts | 100 | OVERFIT |
| ALB | +310.9% | +3091.3% | -2780.4% | -6.4 pts | 124 | OVERFIT |
| ALGN | +165.3% | +846.9% | -681.6% | -5.0 pts | 96 | OVERFIT |
| ALL | +82.5% | +3674.2% | -3591.7% | -9.0 pts | 139 | OVERFIT |
| ALLE | -11.6% | +265.9% | -277.5% | -14.9 pts | 59 | INCONCLUSIVE |
| AMCR | -34.8% | +100.6% | -135.4% | -18.0 pts | 55 | INCONCLUSIVE |
| AME | +250.0% | +25325.0% | -25075.0% | before 1993 | 165 | OVERFIT |
| AMP | +281.8% | +2154.1% | -1872.3% | -4.5 pts | 87 | MARGINAL |
| AMT | +463.9% | +1310.2% | -846.2% | -2.8 pts | 106 | OVERFIT |
| ANET | +43.7% | +5592.8% | -5549.1% | -10.7 pts | 61 | INCONCLUSIVE |
| AON | +332.2% | +29815.0% | -29482.8% | before 1993 | 196 | MARGINAL |
| AOS | +2708.7% | +13924.9% | -11216.2% | before 1993 | 163 | OVERFIT |
| APA | -54.5% | +2417.2% | -2471.8% | before 1993 | 189 | OVERFIT |
| APD | +37.6% | +20722.2% | -20684.6% | before 1993 | 209 | OVERFIT |
| APH | +468.4% | +146951.6% | -146483.2% | before 1993 | 154 | OVERFIT |
| APO | +72.5% | +1845.9% | -1773.3% | -10.4 pts | 67 | INCONCLUSIVE |
| APTV | -20.3% | +174.0% | -194.3% | -16.8 pts | 68 | INCONCLUSIVE |
| ARE | -6.9% | +624.3% | -631.2% | -9.9 pts | 128 | OVERFIT |
| ARES | +26.9% | +1191.9% | -1165.0% | -12.0 pts | 53 | INCONCLUSIVE |
| ATO | -31.6% | +13696.4% | -13728.0% | before 1993 | 172 | OVERFIT |
| AVB | -11.4% | +42.3% | -53.7% | -16.4 pts | 42 | INCONCLUSIVE |
| AVY | +73.0% | +8544.4% | -8471.4% | before 1993 | 223 | OVERFIT |
| AWK | +146.6% | +950.9% | -804.3% | -6.8 pts | 73 | INCONCLUSIVE |
| AZO | +855.9% | +40631.8% | -39775.9% | before 1993 | 140 | MARGINAL |
| BAC | +39.8% | +4053.1% | -4013.3% | before 1993 | 219 | OVERFIT |
| BALL | +386.9% | +49568.6% | -49181.6% | before 1993 | 233 | OVERFIT |
| BAX | -21.9% | +1778.4% | -1800.3% | before 1993 | 181 | OVERFIT |
| BBY | +6410.4% | +89506.6% | -83096.3% | before 1993 | 171 | OVERFIT |
| BDX | -35.0% | +21440.4% | -21475.3% | before 1993 | 249 | OVERFIT |
| BEN | +1675.0% | +130378.8% | -128703.8% | before 1993 | 173 | MARGINAL |
| BF-B | +14.3% | +14873.5% | -14859.2% | before 1993 | 211 | OVERFIT |
| BG | +38.4% | +1105.5% | -1067.1% | -8.2 pts | 106 | OVERFIT |
| BIIB | +2490.8% | +6832.8% | -4342.0% | before 1993 | 111 | OVERFIT |
| BLDR | +94.3% | +393.7% | -299.5% | -8.0 pts | 76 | OVERFIT |
| BLK | +500.8% | +13724.5% | -13223.7% | -1.8 pts | 109 | OVERFIT |
| BMY | +537.8% | +23662.6% | -23124.8% | before 1993 | 211 | MARGINAL |
| BNY | +26.5% | +32230.3% | -32203.8% | before 1993 | 233 | OVERFIT |
| BR | +335.8% | +1234.2% | -898.4% | -3.1 pts | 85 | INCONCLUSIVE |
| BRK-B | +135.6% | +2072.5% | -1937.0% | -7.5 pts | 121 | OVERFIT |
| BRO | +2039.0% | +76212.8% | -74173.7% | before 1993 | 149 | MARGINAL |
| BSX | +254.8% | +1028.2% | -773.4% | before 1993 | 124 | OVERFIT |
| BX | +102.1% | +1023.3% | -921.2% | -7.1 pts | 79 | INCONCLUSIVE |
| BXP | +27.1% | +888.9% | -861.9% | -8.7 pts | 128 | OVERFIT |
| C | +19.5% | +1897.9% | -1878.4% | before 1993 | 202 | OVERFIT |
| CAH | +173.8% | +39284.8% | -39110.9% | before 1993 | 190 | OVERFIT |
| CARR | n/a · history < 10y (6.5y) | |||||
| CASY | -33.4% | +80461.2% | -80494.6% | before 1993 | 204 | OVERFIT |
| CB | +57.4% | +6587.6% | -6530.2% | -9.4 pts | 148 | OVERFIT |
| CBOE | +202.6% | +1060.1% | -857.5% | -7.5 pts | 61 | INCONCLUSIVE |
| CBRE | +557.2% | +2283.8% | -1726.6% | -2.1 pts | 97 | OVERFIT |
| CCI | +176.6% | +899.9% | -723.3% | -5.3 pts | 112 | OVERFIT |
| CCL | +33.8% | +1154.4% | -1120.6% | before 1993 | 154 | OVERFIT |
| CDW | +48.3% | +858.2% | -809.9% | -11.4 pts | 57 | INCONCLUSIVE |
| CF | +715.4% | +5815.9% | -5100.5% | -0.6 pts | 83 | OVERFIT |
| CFG | +128.5% | +349.9% | -221.4% | -6.6 pts | 46 | INCONCLUSIVE |
| CHD | +324.0% | +93736.5% | -93412.5% | before 1993 | 185 | OVERFIT |
| CHRW | -54.5% | +4307.6% | -4362.1% | -12.0 pts | 118 | OVERFIT |
| CHTR | +328.1% | +335.5% | -7.5% | -5.0 pts | 56 | INCONCLUSIVE |
| CI | +482.4% | +12980.8% | -12498.5% | before 1993 | 176 | MARGINAL |
| CIEN | +139.2% | +195.6% | -56.4% | -6.9 pts | 118 | OVERFIT |
| CINF | +1054.2% | +41545.9% | -40491.8% | before 1993 | 196 | OVERFIT |
| CL | -48.5% | +20919.0% | -20967.5% | before 1993 | 243 | OVERFIT |
| CLX | -23.3% | +6184.2% | -6207.5% | before 1993 | 221 | OVERFIT |
| CME | +722.1% | +6884.2% | -6162.1% | -2.1 pts | 93 | OVERFIT |
| CMG | +297.5% | +4221.6% | -3924.1% | -4.2 pts | 79 | OVERFIT |
| CMI | +7882.8% | +28968.2% | -21085.4% | before 1993 | 214 | MARGINAL |
| CMS | +731.6% | +630.8% | +100.8% | before 1993 | 206 | OVERFIT |
| CNC | +34.9% | +4388.8% | -4353.9% | -8.8 pts | 99 | OVERFIT |
| CNP | +952.2% | +13998.0% | -13045.8% | before 1993 | 236 | OVERFIT |
| COF | +43.8% | +5724.6% | -5680.7% | -10.0 pts | 135 | OVERFIT |
| COHR | +197.7% | +68288.9% | -68091.2% | before 1993 | 148 | OVERFIT |
| COIN | n/a · history < 10y (5.4y) | |||||
| COO | +242.9% | +879.8% | -636.9% | before 1993 | 158 | OVERFIT |
| COP | +94.5% | +13561.7% | -13467.1% | before 1993 | 181 | OVERFIT |
| COR | +475.5% | +17062.1% | -16586.5% | -5.2 pts | 123 | OVERFIT |
| CPAY | -9.8% | +1383.7% | -1393.5% | -14.9 pts | 71 | INCONCLUSIVE |
| CPT | +17.1% | +2453.9% | -2436.8% | -10.4 pts | 138 | OVERFIT |
| CRH | -24.3% | +7617.9% | -7642.2% | before 1993 | 156 | OVERFIT |
| CRL | -51.2% | +1210.2% | -1261.4% | -11.2 pts | 111 | OVERFIT |
| CSGP | +464.3% | +3390.6% | -2926.3% | -2.5 pts | 112 | OVERFIT |
| CTSH | +365.7% | +35498.3% | -35132.6% | -3.4 pts | 115 | OVERFIT |
| CTVA | n/a · history < 10y (7.3y) | |||||
| CVNA | n/a · history < 10y (9.3y) | |||||
| CVS | +279.8% | +15658.6% | -15378.9% | before 1993 | 218 | OVERFIT |
| D | +20.0% | +17762.4% | -17742.5% | before 1993 | 210 | OVERFIT |
| DAL | -74.4% | +339.1% | -413.5% | -17.6 pts | 90 | INCONCLUSIVE |
| DD | -31.1% | +10113.6% | -10144.7% | before 1993 | 222 | OVERFIT |
| DE | +334.7% | +101089.1% | -100754.4% | before 1993 | 223 | OVERFIT |
| DECK | +1462.8% | +7024.7% | -5562.0% | -2.1 pts | 114 | OVERFIT |
| DELL | +725.9% | +4059.8% | -3333.9% | +8.3 pts | 39 | INCONCLUSIVE |
| DG | +30.6% | +550.3% | -519.7% | -12.7 pts | 75 | INCONCLUSIVE |
| DGX | +110.8% | +9626.0% | -9515.2% | -7.6 pts | 129 | OVERFIT |
| DHI | +69.3% | +13111.0% | -13041.7% | before 1993 | 142 | OVERFIT |
| DHR | +1236.4% | +483557.2% | -482320.8% | before 1993 | 205 | OVERFIT |
| DLR | +63.3% | +3540.7% | -3477.4% | -8.9 pts | 94 | OVERFIT |
| DLTR | +90.3% | +10731.5% | -10641.2% | -9.0 pts | 123 | OVERFIT |
| DOC | +208.7% | +6136.8% | -5928.1% | before 1993 | 166 | OVERFIT |
| DOV | -12.5% | +29264.8% | -29277.4% | before 1993 | 226 | OVERFIT |
| DOW | n/a · history < 10y (7.4y) | |||||
| DPZ | +428.1% | +5638.6% | -5210.5% | -3.3 pts | 87 | OVERFIT |
| DRI | -7.2% | +6998.7% | -7005.9% | -11.1 pts | 135 | OVERFIT |
| DTE | +764.5% | +35264.3% | -34499.8% | before 1993 | 238 | OVERFIT |
| DUK | +377.7% | +16239.0% | -15861.4% | before 1993 | 182 | OVERFIT |
| DVA | +260.6% | +4219.3% | -3958.7% | -6.4 pts | 120 | OVERFIT |
| DVN | +336.7% | +1411.9% | -1075.2% | before 1993 | 159 | OVERFIT |
| EBAY | +47.7% | +14035.1% | -13987.4% | -7.9 pts | 116 | OVERFIT |
| ECHO | +41.3% | +227.3% | -186.0% | -9.5 pts | 58 | INCONCLUSIVE |
| ECL | +40.2% | +20174.1% | -20133.9% | before 1993 | 231 | OVERFIT |
| ED | +1217.2% | +45081.6% | -43864.4% | before 1993 | 250 | OVERFIT |
| EFX | +1553.9% | +77234.4% | -75680.5% | before 1993 | 181 | MARGINAL |
| EG | -48.8% | +2975.7% | -3024.5% | -12.7 pts | 137 | OVERFIT |
| EIX | +178.0% | +14610.5% | -14432.5% | before 1993 | 236 | OVERFIT |
| EL | +73.1% | +1551.3% | -1478.3% | -8.7 pts | 121 | OVERFIT |
| ELV | -3.6% | +2326.9% | -2330.5% | -10.4 pts | 106 | OVERFIT |
| EME | +853.1% | +59203.5% | -58350.3% | -3.8 pts | 134 | OVERFIT |
| EMR | -25.1% | +19839.1% | -19864.2% | before 1993 | 229 | OVERFIT |
| EOG | +205.8% | +9279.7% | -9073.9% | before 1993 | 145 | OVERFIT |
| EQIX | +1437.0% | +240.5% | +1196.5% | +2.6 pts | 100 | OVERFIT |
| EQR | -19.7% | +44.2% | -63.9% | -17.4 pts | 44 | INCONCLUSIVE |
| EQT | -0.9% | +19557.1% | -19558.1% | before 1993 | 190 | OVERFIT |
| ERIE | +631.9% | +3362.8% | -2730.9% | -3.9 pts | 117 | OVERFIT |
| ES | +71.0% | +2960.1% | -2889.1% | before 1993 | 210 | OVERFIT |
| ESS | +90.8% | +5274.8% | -5184.0% | -9.0 pts | 136 | OVERFIT |
| ETN | +542.1% | +116541.5% | -115999.3% | before 1993 | 255 | OVERFIT |
| ETR | +432.3% | +19797.9% | -19365.6% | before 1993 | 222 | OVERFIT |
| EVRG | +61.8% | +5086.7% | -5024.9% | before 1993 | 222 | OVERFIT |
| EW | -60.0% | +6500.0% | -6560.0% | -11.6 pts | 124 | OVERFIT |
| EXE | n/a · history < 10y (5.6y) | |||||
| EXPD | -12.0% | +148324.6% | -148336.6% | before 1993 | 185 | OVERFIT |
| EXPE | +245.0% | +916.1% | -671.1% | -5.0 pts | 81 | OVERFIT |
| EXR | +40.0% | +2698.9% | -2658.9% | -9.8 pts | 100 | OVERFIT |
| F | +3180.3% | +6752.4% | -3572.1% | before 1993 | 196 | OVERFIT |
| FCX | +535.2% | +1061.6% | -526.4% | -4.5 pts | 115 | MARGINAL |
| FDS | +155.3% | +9088.9% | -8933.6% | -7.1 pts | 133 | OVERFIT |
| FDX | +848.4% | +53776.9% | -52928.6% | before 1993 | 209 | OVERFIT |
| FDXF | n/a · history < 10y (0.3y) | |||||
| FE | +0.6% | +563.0% | -562.4% | -9.5 pts | 124 | OVERFIT |
| FFIV | +940.2% | +5374.0% | -4433.8% | +0.5 pts | 103 | OVERFIT |
| FICO | +1833.3% | +94747.8% | -92914.5% | before 1993 | 152 | OVERFIT |
| FIS | +47.7% | +363.8% | -316.1% | -7.9 pts | 101 | OVERFIT |
| FITB | +1960.5% | +28280.0% | -26319.6% | before 1993 | 186 | MARGINAL |
| FIX | +207.9% | +11966.2% | -11758.4% | -5.6 pts | 120 | OVERFIT |
| FLEX | +225.7% | +7898.6% | -7672.9% | -7.2 pts | 132 | OVERFIT |
| FOX | n/a · history < 10y (7.5y) | |||||
| FOXA | n/a · history < 10y (7.5y) | |||||
| FRT | +22.8% | +24360.2% | -24337.5% | before 1993 | 230 | OVERFIT |
| FSLR | +296.8% | +716.1% | -419.3% | -3.8 pts | 72 | OVERFIT |
| FTV | -5.8% | +100.1% | -105.9% | -16.1 pts | 37 | INCONCLUSIVE |
| GD | +463.8% | +221689.9% | -221226.1% | before 1993 | 283 | OVERFIT |
| GDDY | -48.1% | +389.4% | -437.5% | -19.6 pts | 48 | INCONCLUSIVE |
| GE | +892.2% | +54356.2% | -53464.1% | before 1993 | 282 | OVERFIT |
| GEN | +212.6% | +12085.6% | -11873.0% | before 1993 | 153 | OVERFIT |
| GEV | n/a · history < 10y (2.4y) | |||||
| GIS | +33.5% | +15015.5% | -14982.0% | before 1993 | 195 | OVERFIT |
| GL | +225.7% | +12680.6% | -12454.8% | before 1993 | 198 | OVERFIT |
| GLW | +5173.0% | +19301.2% | -14128.2% | before 1993 | 178 | OVERFIT |
| GM | -41.4% | +240.1% | -281.5% | -17.8 pts | 69 | INCONCLUSIVE |
| GNRC | +1527.0% | +2091.1% | -564.1% | +3.8 pts | 52 | INCONCLUSIVE |
| GPC | -29.1% | +12785.5% | -12814.7% | before 1993 | 207 | OVERFIT |
| GPN | +243.2% | +2567.9% | -2324.7% | -4.1 pts | 101 | OVERFIT |
| GRMN | +799.0% | +5377.3% | -4578.3% | -0.0 pts | 101 | MARGINAL |
| GWW | +362.8% | +55300.2% | -54937.3% | before 1993 | 236 | OVERFIT |
| HAL | +127.0% | +2860.8% | -2733.8% | before 1993 | 216 | OVERFIT |
| HAS | +1046.9% | +201529.8% | -200482.9% | before 1993 | 183 | OVERFIT |
| HBAN | +153.5% | +3799.5% | -3646.0% | before 1993 | 174 | OVERFIT |
| HCA | -3.3% | +1699.7% | -1703.0% | -14.4 pts | 78 | INCONCLUSIVE |
| HIG | +153.2% | +951.1% | -797.8% | -7.3 pts | 119 | OVERFIT |
| HII | +483.2% | +883.6% | -400.4% | -2.1 pts | 54 | INCONCLUSIVE |
| HLT | -13.0% | +659.1% | -672.1% | -15.2 pts | 56 | INCONCLUSIVE |
| HOOD | n/a · history < 10y (5.1y) | |||||
| HPE | -1.8% | +625.0% | -626.9% | -15.0 pts | 54 | INCONCLUSIVE |
| HPQ | +2257.9% | +77945.5% | -75687.6% | before 1993 | 239 | OVERFIT |
| HRL | +300.7% | +19046.1% | -18745.4% | before 1993 | 202 | MARGINAL |
| HSIC | -67.0% | +1913.1% | -1980.1% | -14.1 pts | 143 | OVERFIT |
| HST | +243.6% | +12843.9% | -12600.2% | before 1993 | 186 | OVERFIT |
| HSY | +319.4% | +53964.6% | -53645.2% | before 1993 | 200 | OVERFIT |
| HUBB | -4.6% | +3853.5% | -3858.1% | -11.2 pts | 148 | OVERFIT |
| HUM | +490.4% | +20168.9% | -19678.5% | before 1993 | 168 | OVERFIT |
| HWM | n/a · history < 10y (9.8y) | |||||
| IBKR | +198.7% | +1526.1% | -1327.4% | -4.9 pts | 71 | INCONCLUSIVE |
| ICE | -14.7% | +2307.9% | -2322.6% | -12.0 pts | 99 | OVERFIT |
| IEX | +444.1% | +12761.2% | -12317.1% | before 1993 | 159 | MARGINAL |
| IFF | -75.8% | +4754.9% | -4830.7% | before 1993 | 219 | OVERFIT |
| INCY | +942.8% | +6471.7% | -5528.9% | -3.5 pts | 121 | OVERFIT |
| INVH | n/a · history < 10y (9.6y) | |||||
| IP | -85.2% | +4590.1% | -4675.3% | before 1993 | 277 | OVERFIT |
| IQV | +82.9% | +520.3% | -437.4% | -9.6 pts | 47 | INCONCLUSIVE |
| IR | n/a · history < 10y (9.3y) | |||||
| IRM | +537.9% | +9911.6% | -9373.6% | -4.1 pts | 126 | OVERFIT |
| IT | +215.1% | +6431.0% | -6215.9% | -7.3 pts | 139 | MARGINAL |
| ITW | +20.5% | +51254.1% | -51233.6% | before 1993 | 247 | OVERFIT |
| IVZ | +44.0% | +1093.8% | -1049.8% | -9.5 pts | 129 | OVERFIT |
| J | +483.6% | +33544.7% | -33061.1% | before 1993 | 181 | MARGINAL |
| JBHT | +217.0% | +24926.6% | -24709.6% | before 1993 | 178 | MARGINAL |
| JBL | +527.6% | +41217.7% | -40690.1% | -5.2 pts | 152 | MARGINAL |
| JCI | +477.9% | +4376.5% | -3898.6% | before 1993 | 147 | OVERFIT |
| JKHY | +502.0% | +71288.2% | -70786.2% | before 1993 | 157 | OVERFIT |
| KEY | -0.5% | +1405.6% | -1406.1% | before 1993 | 164 | OVERFIT |
| KEYS | +151.1% | +1042.3% | -891.2% | -6.3 pts | 48 | INCONCLUSIVE |
| KIM | +133.5% | +3036.5% | -2903.0% | before 1993 | 150 | OVERFIT |
| KKR | +197.7% | +1784.9% | -1587.1% | -7.8 pts | 67 | INCONCLUSIVE |
| KMB | +44.7% | +16039.9% | -15995.2% | before 1993 | 211 | OVERFIT |
| KMI | +57.8% | +117.5% | -59.7% | -10.9 pts | 56 | INCONCLUSIVE |
| KR | +1335.7% | +182706.1% | -181370.4% | before 1993 | 254 | OVERFIT |
| KVUE | n/a · history < 10y (3.3y) | |||||
| L | +473.4% | +22398.8% | -21925.4% | before 1993 | 202 | OVERFIT |
| LDOS | +56.7% | +530.2% | -473.6% | -8.8 pts | 83 | OVERFIT |
| LEN | +531.4% | +29032.9% | -28501.6% | before 1993 | 176 | OVERFIT |
| LH | -54.5% | +1408.2% | -1462.7% | before 1993 | 145 | OVERFIT |
| LHX | +193.7% | +8519.5% | -8325.8% | before 1993 | 186 | OVERFIT |
| LII | +166.4% | +3122.4% | -2956.0% | -4.8 pts | 110 | MARGINAL |
| LLY | +233.2% | +129720.0% | -129486.8% | before 1993 | 237 | OVERFIT |
| LMT | +1174.5% | +67444.7% | -66270.2% | before 1993 | 252 | OVERFIT |
| LNT | +419.9% | +9408.5% | -8988.6% | before 1993 | 204 | OVERFIT |
| LOW | +1690.4% | +77328.4% | -75638.0% | before 1993 | 196 | MARGINAL |
| LULU | +592.6% | +759.0% | -166.4% | -0.4 pts | 80 | INCONCLUSIVE |
| LUV | +249.1% | +24508.5% | -24259.4% | before 1993 | 194 | OVERFIT |
| LVS | +354.0% | +50.3% | +303.7% | -3.7 pts | 78 | OVERFIT |
| LYB | +252.3% | +648.8% | -396.6% | -6.0 pts | 58 | INCONCLUSIVE |
| LYV | +72.8% | +1558.0% | -1485.2% | -8.4 pts | 89 | OVERFIT |
| MA | +686.5% | +14066.9% | -13380.5% | -0.5 pts | 75 | OVERFIT |
| MAA | +91.4% | +3525.2% | -3433.7% | -8.8 pts | 134 | OVERFIT |
| MAS | -18.4% | +7423.1% | -7441.5% | before 1993 | 194 | OVERFIT |
| MCK | +187.6% | +6946.5% | -6758.8% | -7.8 pts | 139 | OVERFIT |
| MCO | +81.3% | +7753.9% | -7672.6% | -9.2 pts | 139 | OVERFIT |
| MDT | +440.0% | +51421.0% | -50981.0% | before 1993 | 207 | OVERFIT |
| MET | -71.9% | +1176.9% | -1248.8% | -13.0 pts | 125 | OVERFIT |
| MGM | -74.9% | +1501.4% | -1576.3% | before 1993 | 164 | OVERFIT |
| MKC | +3.3% | +14401.8% | -14398.5% | before 1993 | 221 | OVERFIT |
| MLM | +323.4% | +3089.6% | -2766.2% | -6.3 pts | 124 | OVERFIT |
| MO | +18863.3% | +2914781.4% | -2895918.1% | before 1993 | 254 | MARGINAL |
| MOS | +29.5% | +268.9% | -239.4% | before 1993 | 149 | OVERFIT |
| MPC | +231.1% | +2972.8% | -2741.7% | -6.3 pts | 61 | INCONCLUSIVE |
| MRNA | n/a · history < 10y (7.7y) | |||||
| MRSH | +33.2% | +21192.9% | -21159.6% | before 1993 | 239 | OVERFIT |
| MS | -16.5% | +6159.1% | -6175.6% | -11.4 pts | 148 | OVERFIT |
| MSCI | +41.5% | +2406.7% | -2365.2% | -9.4 pts | 86 | INCONCLUSIVE |
| MSI | +6196.9% | +79243.2% | -73046.3% | before 1993 | 253 | OVERFIT |
| MTB | +1574.4% | +105049.8% | -103475.4% | before 1993 | 184 | OVERFIT |
| MTD | +166.7% | +9346.3% | -9179.6% | -6.0 pts | 123 | OVERFIT |
| NCLH | -83.2% | -34.9% | -48.3% | -27.1 pts | 56 | INCONCLUSIVE |
| NDAQ | +329.5% | +2371.2% | -2041.7% | -4.7 pts | 99 | OVERFIT |
| NDSN | +816.1% | +37769.3% | -36953.2% | before 1993 | 167 | MARGINAL |
| NEE | +219.0% | +23772.9% | -23553.9% | before 1993 | 212 | OVERFIT |
| NEM | -49.9% | +2099.8% | -2149.7% | before 1993 | 195 | OVERFIT |
| NI | +98.4% | +5234.9% | -5136.5% | before 1993 | 214 | OVERFIT |
| NOC | +485.0% | +23369.3% | -22884.3% | before 1993 | 191 | OVERFIT |
| NOW | -19.9% | +2907.9% | -2927.8% | -16.5 pts | 67 | INCONCLUSIVE |
| NRG | +234.6% | +1442.6% | -1208.0% | -5.6 pts | 92 | OVERFIT |
| NSC | +366.0% | +24520.7% | -24154.6% | before 1993 | 187 | OVERFIT |
| NTAP | +2785.3% | +19659.8% | -16874.4% | +1.1 pts | 123 | MARGINAL |
| NTRS | +219.5% | +53074.8% | -52855.3% | before 1993 | 197 | OVERFIT |
| NUE | +65.6% | +70209.1% | -70143.5% | before 1993 | 213 | OVERFIT |
| NVR | +3691.5% | +61512.0% | -57820.5% | +0.8 pts | 124 | MARGINAL |
| NWS | -9.2% | +152.4% | -161.5% | -15.1 pts | 55 | INCONCLUSIVE |
| NWSA | -16.5% | +122.2% | -138.7% | -15.7 pts | 57 | INCONCLUSIVE |
| O | +174.4% | +5366.4% | -5192.0% | -7.9 pts | 132 | OVERFIT |
| OKE | +3350.6% | +19101.6% | -15751.0% | before 1993 | 181 | OVERFIT |
| OMC | +146.4% | +15677.5% | -15531.2% | before 1993 | 197 | OVERFIT |
| ON | +209.8% | +208.7% | +1.1% | -4.0 pts | 96 | OVERFIT |
| ORCL | +772.8% | +296729.4% | -295956.6% | before 1993 | 176 | OVERFIT |
| OTIS | n/a · history < 10y (6.5y) | |||||
| OXY | +62.3% | +3580.0% | -3517.7% | before 1993 | 171 | OVERFIT |
| PCG | +1246.5% | +1389.7% | -143.2% | before 1993 | 188 | OVERFIT |
| PEG | +271.4% | +18884.4% | -18613.0% | before 1993 | 188 | OVERFIT |
| PFE | +90.1% | +20062.7% | -19972.6% | before 1993 | 201 | OVERFIT |
| PFG | +19.4% | +920.1% | -900.7% | -9.4 pts | 103 | OVERFIT |
| PGR | +2728.7% | +819581.9% | -816853.2% | before 1993 | 207 | MARGINAL |
| PH | +228.9% | +41129.4% | -40900.5% | before 1993 | 211 | OVERFIT |
| PHM | +1515.5% | +95847.7% | -94332.1% | before 1993 | 193 | OVERFIT |
| PLD | +136.2% | +1782.5% | -1646.4% | -6.3 pts | 119 | OVERFIT |
| PM | +38.0% | +785.7% | -747.7% | -10.5 pts | 77 | INCONCLUSIVE |
| PNC | +370.9% | +37937.9% | -37566.9% | before 1993 | 206 | OVERFIT |
| PNR | +23.3% | +11510.8% | -11487.5% | before 1993 | 210 | OVERFIT |
| PNW | +276.5% | +2247.6% | -1971.1% | before 1993 | 208 | OVERFIT |
| PODD | +41.9% | +831.5% | -789.6% | -9.0 pts | 90 | INCONCLUSIVE |
| PPG | +65.1% | +21327.4% | -21262.3% | before 1993 | 198 | OVERFIT |
| PPL | +71.0% | +7311.8% | -7240.9% | before 1993 | 192 | OVERFIT |
| PRU | +0.0% | +767.8% | -767.7% | -10.1 pts | 111 | OVERFIT |
| PSA | +196.4% | +13958.7% | -13762.3% | before 1993 | 182 | OVERFIT |
| PSKY | +30.6% | -34.8% | +65.4% | -9.8 pts | 76 | OVERFIT |
| PSX | +128.3% | +1071.7% | -943.3% | -8.7 pts | 63 | INCONCLUSIVE |
| PTC | -85.2% | +8443.5% | -8528.6% | before 1993 | 161 | OVERFIT |
| PWR | +232.5% | +8155.1% | -7922.5% | -4.9 pts | 126 | OVERFIT |
| Q | n/a · history < 10y (0.8y) | |||||
| RCL | +617.4% | +4611.6% | -3994.3% | -4.8 pts | 135 | MARGINAL |
| REG | +50.0% | +2046.5% | -1996.5% | -9.6 pts | 140 | OVERFIT |
| RF | +6.9% | +7230.0% | -7223.1% | before 1993 | 197 | OVERFIT |
| RJF | +858.6% | +52691.1% | -51832.4% | before 1993 | 171 | OVERFIT |
| RL | -63.6% | +1376.9% | -1440.5% | -12.9 pts | 132 | OVERFIT |
| RMD | +624.6% | +43254.4% | -42629.8% | -4.2 pts | 133 | OVERFIT |
| ROK | +1802.8% | +57325.7% | -55522.9% | before 1993 | 158 | OVERFIT |
| ROL | +37.4% | +36503.9% | -36466.6% | before 1993 | 186 | OVERFIT |
| RSG | -40.7% | +1977.7% | -2018.4% | -10.7 pts | 132 | OVERFIT |
| RTX | +654.8% | +231131.9% | -230477.1% | before 1993 | 279 | OVERFIT |
| RVTY | +371.0% | +25547.2% | -25176.2% | before 1993 | 219 | OVERFIT |
| SBAC | +1661.4% | +2259.6% | -598.3% | +2.6 pts | 96 | OVERFIT |
| SCHW | +641.8% | +45501.9% | -44860.1% | before 1993 | 167 | OVERFIT |
| SJM | -47.6% | +1119.0% | -1166.5% | -13.1 pts | 139 | OVERFIT |
| SLB | +58.4% | +1125.4% | -1067.0% | before 1993 | 178 | OVERFIT |
| SMCI | +249.9% | +4155.7% | -3905.8% | -4.4 pts | 70 | INCONCLUSIVE |
| SNA | +226.0% | +12522.0% | -12296.0% | before 1993 | 211 | OVERFIT |
| SO | +659.0% | +32617.4% | -31958.3% | before 1993 | 166 | OVERFIT |
| SOLV | n/a · history < 10y (2.4y) | |||||
| SPG | +138.5% | +5330.6% | -5192.1% | -8.2 pts | 146 | OVERFIT |
| SPGI | +530.5% | +140503.3% | -139972.8% | before 1993 | 243 | OVERFIT |
| SRE | +28.2% | +1463.0% | -1434.8% | -8.0 pts | 118 | OVERFIT |
| STE | -5.8% | +15491.4% | -15497.2% | before 1993 | 163 | OVERFIT |
| STLD | +34.1% | +7831.8% | -7797.7% | -9.0 pts | 126 | OVERFIT |
| STT | +2198.6% | +199686.1% | -197487.6% | before 1993 | 199 | MARGINAL |
| STZ | +121.1% | +10007.0% | -9885.9% | before 1993 | 136 | OVERFIT |
| SW | +103.7% | +775.0% | -671.2% | -8.0 pts | 91 | INCONCLUSIVE |
| SWK | +76.8% | +5887.9% | -5811.1% | before 1993 | 195 | OVERFIT |
| SWKS | +1097.8% | +1317.3% | -219.5% | before 1993 | 142 | OVERFIT |
| SYF | +47.9% | +325.2% | -277.3% | -10.7 pts | 55 | INCONCLUSIVE |
| SYK | +96.8% | +430371.4% | -430274.7% | before 1993 | 203 | OVERFIT |
| SYY | +358.9% | +115885.9% | -115527.0% | before 1993 | 215 | OVERFIT |
| T | +40.8% | +10219.8% | -10179.0% | before 1993 | 181 | OVERFIT |
| TAP | -69.5% | +518.8% | -588.3% | before 1993 | 198 | OVERFIT |
| TDG | +95.2% | +13285.3% | -13190.1% | -7.7 pts | 96 | OVERFIT |
| TDY | -23.5% | +7164.6% | -7188.1% | -9.4 pts | 122 | OVERFIT |
| TECH | +631.2% | +79246.8% | -78615.6% | before 1993 | 133 | OVERFIT |
| TEL | +12.4% | +671.1% | -658.6% | -10.2 pts | 82 | INCONCLUSIVE |
| TFC | +217.2% | +10226.4% | -10009.2% | before 1993 | 191 | OVERFIT |
| TGT | +3303.8% | +90566.5% | -87262.6% | before 1993 | 219 | MARGINAL |
| TJX | +231.3% | +36154.4% | -35923.1% | before 1993 | 172 | OVERFIT |
| TKO | +493.0% | +1638.9% | -1145.9% | -1.9 pts | 102 | OVERFIT |
| TMO | +1169.3% | +36784.3% | -35615.0% | before 1993 | 191 | OVERFIT |
| TPL | +94627.2% | +75277.1% | +19350.1% | before 1993 | 152 | OVERFIT |
| TPR | +846.0% | +7766.6% | -6920.6% | +0.4 pts | 102 | OVERFIT |
| TRGP | +1057.6% | +2202.9% | -1145.2% | +2.5 pts | 61 | INCONCLUSIVE |
| TRMB | +1483.4% | +3366.4% | -1883.0% | before 1993 | 127 | MARGINAL |
| TROW | +114.2% | +35932.6% | -35818.4% | before 1993 | 162 | OVERFIT |
| TSCO | +1624.5% | +15199.0% | -13574.5% | -1.8 pts | 113 | MARGINAL |
| TSN | +360.2% | +4340.8% | -3980.6% | before 1993 | 170 | OVERFIT |
| TT | +110.0% | +49748.2% | -49638.1% | before 1993 | 220 | OVERFIT |
| TTD | n/a · history < 10y (9.9y) | |||||
| TXT | +404.8% | +4901.2% | -4496.4% | before 1993 | 206 | OVERFIT |
| TYL | +10554.7% | +43359.1% | -32804.3% | before 1993 | 145 | OVERFIT |
| UAL | -75.3% | +240.6% | -316.0% | -17.8 pts | 80 | OVERFIT |
| UBER | n/a · history < 10y (7.3y) | |||||
| UDR | +98.8% | +14119.5% | -14020.7% | before 1993 | 164 | OVERFIT |
| UHS | +277.3% | +15293.2% | -15015.9% | before 1993 | 192 | OVERFIT |
| ULTA | +41.3% | +1721.3% | -1680.0% | -9.1 pts | 87 | INCONCLUSIVE |
| UNP | -21.4% | +30311.4% | -30332.8% | before 1993 | 227 | OVERFIT |
| UPS | -5.1% | +233.2% | -238.3% | -8.7 pts | 104 | OVERFIT |
| URI | +898.9% | +7088.3% | -6189.4% | -1.0 pts | 116 | OVERFIT |
| USB | +308.7% | +44799.0% | -44490.3% | before 1993 | 216 | OVERFIT |
| VEEV | +92.9% | +668.8% | -575.9% | -9.0 pts | 55 | INCONCLUSIVE |
| VICI | n/a · history < 10y (8.7y) | |||||
| VLO | +663.1% | +23394.0% | -22730.9% | before 1993 | 181 | OVERFIT |
| VLTO | n/a · history < 10y (2.9y) | |||||
| VMC | +94.5% | +48759.3% | -48664.8% | before 1993 | 232 | OVERFIT |
| VRSK | +23.5% | +648.8% | -625.2% | -13.2 pts | 70 | INCONCLUSIVE |
| VRSN | +957.2% | +5322.0% | -4364.8% | -0.7 pts | 110 | OVERFIT |
| VRT | n/a · history < 10y (8.1y) | |||||
| VST | n/a · history < 10y (9.9y) | |||||
| VTR | +193.9% | +1496.8% | -1302.9% | -6.0 pts | 124 | OVERFIT |
| VTRS | -29.1% | +1568.8% | -1597.9% | before 1993 | 160 | OVERFIT |
| VZ | +140.9% | +4889.1% | -4748.2% | before 1993 | 169 | OVERFIT |
| WAB | +198.7% | +4137.7% | -3939.0% | -7.2 pts | 121 | OVERFIT |
| WAT | +1215.5% | +10865.4% | -9649.9% | -1.8 pts | 115 | OVERFIT |
| WEC | +93.2% | +23656.8% | -23563.6% | before 1993 | 196 | OVERFIT |
| WELL | +831.7% | +58774.1% | -57942.4% | before 1993 | 178 | OVERFIT |
| WFC | +506.0% | +63452.2% | -62946.2% | before 1993 | 219 | OVERFIT |
| WM | +317.0% | +8471.2% | -8154.3% | before 1993 | 160 | OVERFIT |
| WMB | +712.6% | +11974.1% | -11261.5% | before 1993 | 192 | MARGINAL |
| WSM | +899.8% | +69865.8% | -68966.0% | before 1993 | 189 | OVERFIT |
| WST | +1077.7% | +79208.6% | -78130.9% | before 1993 | 202 | OVERFIT |
| WTW | -23.2% | +1181.6% | -1204.8% | -10.4 pts | 109 | OVERFIT |
| WY | -62.7% | +1781.4% | -1844.0% | before 1993 | 216 | OVERFIT |
| WYNN | +1565.3% | +1217.6% | +347.8% | +1.1 pts | 74 | OVERFIT |
| XOM | +610.0% | +183657.9% | -183047.9% | before 1993 | 255 | OVERFIT |
| XYL | +71.3% | +455.0% | -383.7% | -11.5 pts | 60 | INCONCLUSIVE |
| XYZ | +97.1% | +527.5% | -430.5% | -8.2 pts | 43 | INCONCLUSIVE |
| YUM | -27.6% | +4282.5% | -4310.1% | -10.5 pts | 144 | OVERFIT |
| ZBH | +57.0% | +292.2% | -235.2% | -7.8 pts | 91 | OVERFIT |
| ZBRA | +148.7% | +8617.7% | -8468.9% | before 1993 | 147 | OVERFIT |
| ZTS | +21.1% | +179.3% | -158.2% | -13.2 pts | 58 | INCONCLUSIVE |
| Asset | Return | Buy and hold | Difference | Vs. S&P 500 (CAGR/yr) | Trades | Out of sample |
|---|---|---|---|---|---|---|
| EUR/USD | -2.0% | -3.1% | +1.1% | -11.1 pts | 68 | OVERFIT |
| GBP/USD | -34.6% | -21.2% | -13.4% | -12.9 pts | 76 | OVERFIT |
| USD/JPY | +89.5% | +40.2% | +49.3% | -8.1 pts | 84 | OVERFIT |
| USD/MXN | +5.5% | +49.9% | -44.5% | -10.8 pts | 68 | OVERFIT |
| AUD/USD | -33.8% | -6.6% | -27.2% | -13.2 pts | 70 | OVERFIT |
| USD/CAD | -8.7% | +1.7% | -10.4% | -11.5 pts | 66 | OVERFIT |
| USD/CHF | -28.0% | -41.4% | +13.4% | -12.6 pts | 66 | OVERFIT |
| NZD/USD | -30.4% | -8.1% | -22.3% | -12.6 pts | 74 | OVERFIT |
| Asset | Return | Buy and hold | Difference | Vs. S&P 500 (CAGR/yr) | Trades | Out of sample |
|---|---|---|---|---|---|---|
| Bitcoin | +9963.8% | +17075.3% | -7111.5% | +16.7 pts | 59 | INCONCLUSIVE |
| Ether | n/a · history < 10y (8.8y) | |||||
| Litecoin | +3612.1% | +859.3% | +2752.8% | +9.4 pts | 51 | INCONCLUSIVE |
| Solana | n/a · history < 10y (6.4y) | |||||
| Cardano | n/a · history < 10y (8.8y) | |||||
| Dogecoin | n/a · history < 10y (8.8y) | |||||
5-minute to 4-hour bars, every asset from where intraday history exists (stocks 2016, forex 2003, crypto 2015), against holding that same asset. Difference versus buy-and-hold. No walk-forward (see protocol).
| Asset | 5 min | 15 min | 1 hour | 4 hours | Daily |
|---|---|---|---|---|---|
| Litecoin | -1348.2% | -1348.0% | -1283.1% | -637.8% | +2752.8% |
| Solana | n/a | n/a | n/a | n/a | n/a |
| Cardano | n/a | n/a | n/a | n/a | n/a |
| Dogecoin | n/a | n/a | n/a | n/a | n/a |
| EUR/USD | -78.2% | -55.0% | -37.7% | -20.1% | +1.1% |
| GBP/USD | -78.6% | -45.2% | -13.2% | -8.8% | -13.4% |
| USD/JPY | -118.7% | -42.3% | -36.5% | -24.9% | +49.3% |
| AUD/USD | — | — | — | — | -27.2% |
| USD/CAD | -126.4% | -97.9% | -46.9% | -25.7% | -10.4% |
| USD/CHF | -77.0% | -60.1% | -0.1% | +12.7% | +13.4% |
| NZD/USD | -75.3% | -57.0% | -29.5% | -19.4% | -22.3% |
| S&P 500 (SPY) | -449.1% | -405.5% | -315.6% | -235.6% | -2979.5% |
| Nasdaq-100 (QQQ) | -701.6% | -634.0% | -536.7% | -487.4% | -1377.1% |
| Russell 2000 (IWM) | -303.8% | -275.0% | -199.4% | -174.5% | -780.2% |
| Emergentes (EEM) | -264.9% | -220.7% | -180.7% | -148.7% | -607.0% |
| Oro (GLD) | -391.8% | -336.6% | -284.6% | -214.3% | -681.9% |
| Bonos 20 años (TLT) | -89.5% | -61.3% | -30.8% | -1.3% | -71.8% |
| AAPL | -1338.7% | -1257.5% | -1040.5% | -703.9% | -310860.6% |
| AMGN | -377.8% | -361.0% | -203.1% | -253.1% | -184560.1% |
| AMZN | -813.9% | -669.4% | -699.2% | -674.3% | -263942.2% |
| AXP | -566.7% | -529.5% | -436.3% | -460.7% | -26582.7% |
| BA | -154.9% | -90.1% | +101.6% | +95.7% | -104910.9% |
| CAT | -1508.9% | -1410.0% | -1272.2% | -1206.2% | -170256.0% |
| CRM | -335.6% | -309.8% | -221.0% | -117.1% | -5770.8% |
| CSCO | -567.6% | -553.7% | -471.4% | -425.5% | -216126.6% |
| CVX | -355.4% | -323.7% | -257.5% | -176.5% | -67892.4% |
| DIS | -112.0% | -97.0% | -14.4% | +57.6% | -171964.8% |
| GOOGL | -915.7% | -859.1% | -829.6% | -720.3% | -13376.0% |
| GS | -717.7% | -636.7% | -433.0% | -583.2% | -1664.0% |
| HD | -318.5% | -283.3% | -200.4% | -140.2% | -1982750.6% |
| HON | -278.4% | -248.0% | -178.7% | -160.3% | -21059.6% |
| IBM | -275.2% | -190.4% | -167.0% | -188.6% | -15937.1% |
| JNJ | -355.8% | -313.3% | -254.8% | -226.3% | -444393.5% |
| JPM | -739.9% | -699.9% | -542.8% | -616.9% | -33932.0% |
| KO | -290.3% | -262.9% | -204.3% | -172.6% | -198459.9% |
| MCD | -283.1% | -255.6% | -223.2% | -117.5% | -236105.1% |
| MMM | -197.9% | -144.1% | -108.8% | -86.0% | -31180.0% |
| MRK | -411.0% | -379.8% | -282.3% | -330.4% | -232739.0% |
| MSFT | -1071.2% | -1040.4% | -996.8% | -853.0% | -852948.4% |
| NKE | -71.0% | -38.9% | -21.0% | +3.0% | -30811.3% |
| NVDA | -27554.5% | -27191.9% | -26937.6% | -25795.3% | -505517.3% |
| PG | -244.3% | -226.9% | -198.0% | -159.0% | -59335.2% |
| SHW | -445.8% | -417.4% | -380.4% | -273.9% | -231042.2% |
| TRV | -418.4% | -380.1% | -345.1% | -305.2% | -12335.0% |
| UNH | -393.5% | -347.5% | -329.3% | -297.5% | -352215.5% |
| V | -542.2% | -518.1% | -482.9% | -411.6% | -2826.6% |
| WMT | -603.5% | -557.1% | -545.4% | -468.4% | -914059.7% |
| ABNB | n/a | n/a | n/a | n/a | n/a |
| ADBE | -314.7% | -279.1% | -243.4% | -151.8% | -145864.0% |
| ADI | -811.0% | -779.1% | -691.5% | -726.6% | -81598.2% |
| ADP | -439.7% | -413.2% | -282.6% | -183.0% | -73782.8% |
| ADSK | -429.6% | -395.9% | -361.4% | -339.6% | -57786.6% |
| AEP | -303.1% | -261.2% | -229.7% | -152.7% | -13460.2% |
| ALAB | n/a | n/a | n/a | n/a | n/a |
| ALNY | -245.3% | -212.4% | -189.0% | -209.3% | -3196.3% |
| AMAT | -2811.8% | -2792.0% | -2703.9% | -2661.5% | -649542.1% |
| AMD | -16771.6% | -16207.1% | -16309.7% | -15658.3% | -2421.5% |
| APP | n/a | n/a | n/a | n/a | n/a |
| ARM | n/a | n/a | n/a | n/a | n/a |
| ASML | -2156.7% | -2104.7% | -1967.1% | -1950.8% | -94653.9% |
| AVGO | -3395.6% | -3301.9% | -3280.0% | -3119.7% | -31880.8% |
| AXON | -3551.2% | -3100.0% | -3208.9% | -3025.3% | +24225.8% |
| BKNG | -416.1% | -375.1% | -342.8% | -351.4% | +1222.4% |
| BKR | n/a | n/a | n/a | n/a | -920.8% |
| CCEP | -411.9% | -392.3% | -343.4% | -236.2% | -6889.4% |
| CDNS | -1652.5% | -1576.2% | -1402.8% | -1512.2% | -16815.5% |
| CEG | n/a | n/a | n/a | n/a | n/a |
| CMCSA | -134.8% | -124.8% | -112.2% | -62.5% | -46683.9% |
| COST | -701.8% | -652.4% | -563.9% | -522.6% | -12618.2% |
| CPRT | -693.1% | -629.2% | -511.2% | -380.3% | -21317.5% |
| CRWD | n/a | n/a | n/a | n/a | n/a |
| CSX | -692.1% | -677.1% | -595.9% | -540.9% | -40367.8% |
| CTAS | -1026.2% | -951.6% | -840.2% | -811.5% | -122755.9% |
| DASH | n/a | n/a | n/a | n/a | n/a |
| DDOG | n/a | n/a | n/a | n/a | n/a |
| DXCM | -458.1% | -361.7% | -230.4% | -205.1% | -2102.0% |
| EA | — | — | — | — | n/a |
| EXC | -316.5% | -298.3% | -261.4% | -191.6% | -16413.1% |
| FANG | -390.8% | -343.8% | -322.8% | -364.8% | -1226.2% |
| FAST | -654.8% | -633.0% | -578.9% | -540.1% | -262127.5% |
| FER | n/a | n/a | n/a | n/a | -556.8% |
| FTNT | -2743.5% | -2659.1% | -2525.9% | -2315.0% | -9190.3% |
| GEHC | n/a | n/a | n/a | n/a | n/a |
| GILD | -211.9% | -185.7% | -164.9% | -137.0% | -33508.7% |
| HONA | n/a | n/a | n/a | n/a | n/a |
| IDXX | -777.1% | -763.8% | -662.3% | -564.2% | -58043.3% |
| INTC | -329.9% | -292.1% | -107.8% | -251.8% | -49076.3% |
| INTU | -404.2% | -361.1% | -293.2% | -222.3% | -15364.2% |
| ISRG | -606.7% | -565.2% | -475.4% | -441.2% | -17972.2% |
| KHC | -55.8% | -42.8% | -22.7% | +23.9% | +21.2% |
| KLAC | -3058.9% | -3009.1% | -2983.9% | -2890.1% | -289098.3% |
| LIN | n/a | n/a | n/a | n/a | -10789.9% |
| LITE | -3987.1% | -3984.4% | -3903.2% | -3803.8% | -4429.2% |
| LRCX | -4473.9% | -4416.7% | -4353.3% | -4206.0% | -158234.9% |
| MAR | -587.7% | -515.8% | -502.6% | -487.3% | -2546.4% |
| MCHP | -385.1% | -342.9% | -215.8% | -219.5% | -41970.8% |
| MDLZ | -179.8% | -154.1% | -100.6% | -86.2% | -502.1% |
| MELI | -1793.2% | -1659.6% | -1661.5% | -1451.0% | -6818.8% |
| META | -567.4% | -517.0% | -496.3% | -353.0% | -1034.9% |
| MNST | -192.3% | -175.0% | -118.5% | -83.8% | -59514.2% |
| MPWR | -2246.9% | -2220.0% | -2078.3% | -2078.0% | -14706.5% |
| MRVL | -2676.0% | -2604.1% | -2573.9% | -2377.9% | -1376.2% |
| MSTR | -724.8% | -348.6% | +186.8% | -169.5% | +2176.4% |
| MU | -6663.2% | -6500.2% | -6294.6% | -5726.7% | -51710.0% |
| NFLX | -739.3% | -701.3% | -552.4% | -564.8% | -53702.8% |
| NXPI | -297.2% | -287.9% | -234.5% | -269.2% | -1445.1% |
| ODFL | -1058.7% | -973.9% | -847.1% | -938.7% | -36295.1% |
| ORLY | -537.0% | -485.5% | -430.6% | -389.0% | -54872.7% |
| PANW | -1296.0% | -1208.7% | -1139.1% | -1174.5% | -4092.6% |
| PCAR | -578.8% | -525.8% | -445.6% | -482.6% | -56123.6% |
| PDD | n/a | n/a | n/a | n/a | n/a |
| PEP | -195.3% | -177.8% | -131.5% | -107.9% | -37724.7% |
| PLTR | n/a | n/a | n/a | n/a | n/a |
| PYPL | -154.0% | -134.5% | -86.8% | -29.0% | -22.2% |
| QCOM | -436.3% | -414.0% | -219.8% | -287.8% | -46978.8% |
| REGN | -154.1% | -114.2% | -110.0% | -47.7% | -3681.6% |
| ROP | -243.0% | -217.3% | -159.3% | -78.8% | -24808.3% |
| ROST | -463.2% | -443.9% | -392.4% | -373.6% | -54594.5% |
| SBUX | -229.7% | -212.7% | -199.5% | -143.8% | -42281.4% |
| SHOP | -5917.6% | -4843.3% | -5653.2% | -4747.4% | -7890.7% |
| SNDK | n/a | n/a | n/a | n/a | n/a |
| SNPS | -981.9% | -901.3% | -827.9% | -812.2% | -5471.4% |
| STX | -3637.9% | -3569.0% | -3471.9% | -3292.5% | -11282.8% |
| TER | -1850.7% | -1759.8% | -1604.2% | -1655.9% | -30216.1% |
| TMUS | -488.6% | -468.2% | -413.2% | -363.3% | -301.5% |
| TRI | -353.1% | -326.9% | -241.0% | -194.8% | -576.2% |
| TSLA | -2207.2% | -1604.9% | -1559.9% | -979.4% | -21793.2% |
| TTWO | -686.5% | -670.2% | -641.1% | -513.5% | -5503.1% |
| TXN | -636.4% | -615.3% | -536.7% | -544.7% | -37371.8% |
| VRTX | -439.6% | -392.5% | -386.2% | -380.8% | -11944.1% |
| WBD | n/a | n/a | n/a | n/a | -212.7% |
| WDAY | -257.8% | -229.8% | -203.6% | -229.6% | -373.1% |
| WDC | -1169.2% | -1038.0% | -1084.2% | -987.6% | -64667.0% |
| XEL | -293.1% | -266.5% | -219.3% | -179.6% | -7325.5% |
| KDP | -275.5% | -251.2% | -225.4% | -174.7% | -1028.4% |
| USD/MXN | -124.4% | -92.7% | -80.8% | -60.6% | -44.5% |
| Bitcoin | -18084.8% | -18083.3% | -17801.6% | -9302.3% | -7111.5% |
| Ether | — | — | — | — | n/a |
7 / 472 · against the s&p 500 over the same window: 12 / 472
| Parameters | Return | Sharpe | Max DD | Vs. index |
|---|---|---|---|---|
| window 55 | 101.5% | -0.17 | -37.9% | -2979.5% |
| window 20 | 321.8% | 0.08 | -43.8% | -2759.2% |
| window 40 | 177.8% | -0.05 | -35.3% | -2903.2% |
| window 100 | 112.9% | -0.17 | -27.5% | -2968.2% |
A rule that only works at the exact textbook numbers and dies one notch away is not an edge: it is luck.
Walk-forward: OVERFIT · 0%
Deflated Sharpe: 0.07 (< 0.95)
Robustness suite: MODERATE
By halves: First half did not beat (+19.1% vs +237.3%); Second half did not beat (+69.2% vs +843.1%).
5 fold(s) scored; 0% within the robust degradation band [0.5, 1.5].
Mean OOS/IS Sharpe degradation = 0.
Deflated Sharpe 0.0676 < 0.95 — edge does not clear the multiple-trials selection-bias hurdle.
Computed on 2026-09-10 · period: each asset from its first bar (1962-01-01 to 2026-08-31) · round-trip costs: stocks and index 10 bps, forex 2 bps, crypto 30 bps · artifact 0712690e8935 · Finaxion engine
Each market's page, ordered by annual excess over the S&P 500. The first 12 are shown; the rest are in the sitemap. See all 25 markets
Finaxion Research (2026). The Turtles: 55-day breakout: works in few markets. Daily backtest 1962-01-01–2026-08-31, artifact 0712690e8935. https://finaxion.app/en/research/donchian-55-breakout