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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 TSLA?

The golden cross (50/200) does not beat buy-and-hold on TSLA: -18.0 points a year over 16 years.

Total return
×25
Buy and hold
×231
CAGR
22.0%
Sharpe
0.57
Max drawdown
-64.2%
Trades
30
Out of sample
—
Years
16
1×10×100×20112013201520172019202120232025
StrategyTSLA

Findings

  1. The golden cross (50/200) does not beat buy-and-hold on TSLA: -18.0 points a year over 16 years.
  2. Against the S&P 500 over the same window: +6.9 points a year.
  3. Total return ×25 versus ×231 for buy-and-hold, with 30 trades.
  4. Maximum drawdown -64.2%.
  5. It beats in neither half of the history (split at 2018).
  6. It ranks #19 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 TSLA 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 TSLA → · Full page for The golden cross (50/200) →

How to cite

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

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