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Finaxion Research · The golden cross (50/200) · single stocks · Recomputed 2026-09-10

Does the golden cross (50/200) work on TMUS?

The golden cross (50/200) beats buy-and-hold on TMUS by +1.6 points a year over 19 years.

Total return
454.8%
Buy and hold
318.0%
CAGR
9.3%
Sharpe
0.32
Max drawdown
-52.3%
Trades
22
Out of sample
Years
19
2008201020122014201620182020202220242026
StrategyTMUS

Findings

  1. The golden cross (50/200) beats buy-and-hold on TMUS by +1.6 points a year over 19 years.
  2. Against the S&P 500 over the same window: -1.6 points a year.
  3. Total return +454.8% versus +318.0% for buy-and-hold, with 22 trades.
  4. Maximum drawdown -52.3%.
  5. It beat before 2016 and stopped afterwards.
  6. It ranks #94 of 235 markets for this strategy by annual excess over the S&P 500.

Findings derived from the full panel. Each carries its number and its denominator; the computations are reproducible with artifact 8fb75dc6eee1.

Exactly what was tested

Long while the 50-day SMA is above the 200-day SMA; flat when it is below. Next-close execution. No leverage, no stop.

How to read it

The verdict compares the strategy with buying and holding TMUS over the same window, with round-trip costs per asset class. “Out of sample” is walk-forward: the rule is fit on one stretch and judged on the next. A result that beats in the full sample but not out of it is overfit. Full methodology in the protocol. How we test.

Open this backtest with its trades   Trades (CSV)

Every strategy on TMUS → · Full page for The golden cross (50/200) →

How to cite

Finaxion Research (2026). Does the golden cross (50/200) work on TMUS?. Daily backtest 1962-01-01–2026-08-31, artifact 8fb75dc6eee1. https://finaxion.app/en/research/golden-cross/tmus

Not a recommendation. Past performance does not guarantee future results.