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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 VEEV?

The golden cross (50/200) does not beat buy-and-hold on VEEV: -4.3 points a year over 13 years.

Total return
371.4%
Buy and hold
668.8%
CAGR
12.8%
Sharpe
0.42
Max drawdown
-40.1%
Trades
19
Out of sample
—
Years
13
1×4.7×8.9×2014201520162017201820192020202120222023202420252026
StrategyVEEV

Findings

  1. The golden cross (50/200) does not beat buy-and-hold on VEEV: -4.3 points a year over 13 years.
  2. Against the S&P 500 over the same window: -1.4 points a year.
  3. Total return +371.4% versus +668.8% for buy-and-hold, with 19 trades.
  4. Maximum drawdown -40.1%.
  5. It beats in neither half of the history (split at 2020).
  6. It ranks #91 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 VEEV 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 VEEV → · Full page for The golden cross (50/200) →

How to cite

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

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