Works in few markets
Its ground: stocks and indices, on daily, on a single asset — it beats in 8 of 961 combinations.
Detail on the index (S&P 500), which is the reference for the chart, the robustness suite and the neighbours.
The strategy Heikin Ashi: follow the coloured candles does not work consistently in any asset class; it does least badly on single stocks: 8 of 904 (1%). It does worst on forex pairs: it beats in 0 of 40. Of the 8 daily markets where it beats, 2 hold out of sample (25%); it has aged in 46 markets, its best daily market is BTC/USD: +14.6 points a year over the S&P 500 across 12 years, 986 trades, and its worst is PYPL: -29.1 points a year against the S&P 500.
Findings derived from the full panel. Each carries its number and its denominator; the computations are reproducible with artifact 2aad8ceec7e6.
“Heikin Ashi candles filter the noise: while they print green the trend is yours; the first red one, you’re out.”
Long while the Heikin Ashi candle is bullish (HA close above HA open); exit on the first bearish candle.
| Asset | Return | Buy and hold | Difference | Vs. S&P 500 (CAGR/yr) | Trades | Out of sample |
|---|---|---|---|---|---|---|
| S&P 500 (SPY) | -74.8% | +3081.0% | -3155.8% | -14.9 pts | 2173 | OVERFIT |
| Nasdaq-100 (QQQ) | -73.0% | +1565.8% | -1638.9% | -13.2 pts | 1777 | OVERFIT |
| Russell 2000 (IWM) | -83.0% | +801.9% | -884.9% | -15.2 pts | 1790 | OVERFIT |
| Emergentes (EEM) | -49.1% | +830.9% | -880.0% | -14.5 pts | 1717 | OVERFIT |
| Oro (GLD) | -10.7% | +820.3% | -830.9% | -11.5 pts | 1572 | OVERFIT |
| Bonos 20 años (TLT) | -87.3% | +131.2% | -218.5% | -19.5 pts | 1738 | OVERFIT |
| Asset | Return | Buy and hold | Difference | Vs. S&P 500 (CAGR/yr) | Trades | Out of sample |
|---|---|---|---|---|---|---|
| Dow 30 (cartera) (30 · max 10) | -53.7% | +3081.0% | -3134.8% | -13.1 pts | 34156 | — |
| Asset | Return | Buy and hold | Difference | Vs. S&P 500 (CAGR/yr) | Trades | Out of sample |
|---|---|---|---|---|---|---|
| Nasdaq-100 (cartera) (98 · max 20) | +3.1% | +3081.0% | -3077.9% | -10.8 pts | 73533 | — |
| Asset | Return | Buy and hold | Difference | Vs. S&P 500 (CAGR/yr) | Trades | Out of sample |
|---|---|---|---|---|---|---|
| S&P 500 (cartera) (498 · max 25) | -95.1% | +3081.0% | -3176.2% | -19.5 pts | 100911 | — |
| Asset | Return | Buy and hold | Difference | Vs. S&P 500 (CAGR/yr) | Trades | Out of sample |
|---|---|---|---|---|---|---|
| AAPL | -41.8% | +322813.1% | -322854.8% | before 1993 | 2955 | OVERFIT |
| AMGN | +459.3% | +187272.6% | -186813.3% | before 1993 | 2838 | OVERFIT |
| AMZN | +860.6% | +265196.1% | -264335.5% | -1.7 pts | 1883 | OVERFIT |
| AXP | -91.1% | +27029.4% | -27120.4% | before 1993 | 3622 | OVERFIT |
| BA | +537.8% | +108724.7% | -108186.9% | before 1993 | 4106 | OVERFIT |
| CAT | +15521.1% | +172708.3% | -157187.2% | before 1993 | 3950 | OVERFIT |
| CRM | +38.6% | +5992.9% | -5954.4% | -9.5 pts | 1483 | OVERFIT |
| CSCO | -70.9% | +222956.6% | -223027.5% | before 1993 | 2442 | OVERFIT |
| CVX | -78.6% | +68037.6% | -68116.2% | before 1993 | 4195 | OVERFIT |
| DIS | +875.0% | +189847.3% | -188972.3% | before 1993 | 4024 | OVERFIT |
| GOOGL | +799.4% | +13534.3% | -12734.9% | -0.8 pts | 1347 | OVERFIT |
| GS | -51.4% | +2027.1% | -2078.5% | -11.1 pts | 1816 | OVERFIT |
| HD | +883.6% | +1985758.9% | -1984875.3% | before 1993 | 2834 | OVERFIT |
| HON | -87.5% | +21058.8% | -21146.4% | before 1993 | 4183 | OVERFIT |
| IBM | -88.7% | +16203.8% | -16292.6% | before 1993 | 4143 | OVERFIT |
| JNJ | -64.7% | +445196.6% | -445261.3% | before 1993 | 4214 | OVERFIT |
| JPM | +23.5% | +34522.5% | -34499.0% | before 1993 | 3067 | OVERFIT |
| KO | +10.7% | +199349.6% | -199338.9% | before 1993 | 4082 | OVERFIT |
| MCD | +34.6% | +236707.0% | -236672.3% | before 1993 | 3878 | OVERFIT |
| MMM | -74.5% | +31160.0% | -31234.5% | before 1993 | 4120 | OVERFIT |
| MRK | -74.7% | +233375.1% | -233449.8% | before 1993 | 4172 | OVERFIT |
| MSFT | +123.0% | +859506.0% | -859382.9% | before 1993 | 2655 | OVERFIT |
| NKE | -53.9% | +32003.7% | -32057.5% | before 1993 | 2945 | OVERFIT |
| NVDA | +881.2% | +587720.8% | -586839.5% | -0.1 pts | 1755 | OVERFIT |
| PG | -83.2% | +59706.6% | -59789.8% | before 1993 | 4130 | OVERFIT |
| SHW | -83.7% | +231766.6% | -231850.2% | before 1993 | 3098 | OVERFIT |
| TRV | +1182.8% | +12287.7% | -11104.9% | before 1993 | 3215 | OVERFIT |
| UNH | +1266.2% | +353381.4% | -352115.2% | before 1993 | 2664 | MARGINAL |
| V | -25.9% | +2961.1% | -2987.0% | -13.7 pts | 1289 | INCONCLUSIVE |
| WMT | -46.9% | +915365.3% | -915412.3% | before 1993 | 3576 | OVERFIT |
| ABNB | n/a · history < 10y (5.7y) | |||||
| ADBE | +216.8% | +147731.1% | -147514.3% | before 1993 | 2589 | OVERFIT |
| ADI | -77.0% | +81534.0% | -81611.1% | before 1993 | 3106 | OVERFIT |
| ADP | -46.4% | +74205.9% | -74252.3% | before 1993 | 3107 | OVERFIT |
| ADSK | +12.7% | +58084.6% | -58071.8% | before 1993 | 2659 | OVERFIT |
| AEP | -18.3% | +13797.6% | -13815.9% | before 1993 | 4223 | OVERFIT |
| ALAB | n/a · history < 10y (2.4y) | |||||
| ALNY | +108.1% | +3338.4% | -3230.3% | -7.7 pts | 1468 | OVERFIT |
| AMAT | +160.1% | +664974.8% | -664814.7% | before 1993 | 3056 | OVERFIT |
| AMD | -58.5% | +14863.3% | -14921.7% | before 1993 | 3046 | OVERFIT |
| APP | n/a · history < 10y (5.4y) | |||||
| ARM | n/a · history < 10y (3.0y) | |||||
| ASML | -46.5% | +96277.5% | -96324.0% | -13.0 pts | 2270 | OVERFIT |
| AVGO | +158.5% | +32512.1% | -32353.6% | -9.0 pts | 1205 | INCONCLUSIVE |
| AXON | +1409.9% | +123065.2% | -121655.3% | +1.9 pts | 1612 | OVERFIT |
| BKNG | -46.9% | +922.2% | -969.1% | -10.9 pts | 1788 | OVERFIT |
| BKR | -97.9% | +933.9% | -1031.7% | before 1993 | 2665 | OVERFIT |
| CCEP | -9.0% | +7081.8% | -7090.8% | before 1993 | 2669 | OVERFIT |
| CDNS | -77.4% | +16839.0% | -16916.4% | before 1993 | 2559 | OVERFIT |
| CEG | n/a · history < 10y (4.6y) | |||||
| CMCSA | -61.7% | +47049.9% | -47111.6% | before 1993 | 2955 | OVERFIT |
| COST | -51.1% | +12800.7% | -12851.8% | before 1993 | 2624 | OVERFIT |
| CPRT | +199.9% | +21554.9% | -21355.0% | -7.5 pts | 2117 | OVERFIT |
| CRWD | n/a · history < 10y (7.2y) | |||||
| CSX | -94.5% | +40426.1% | -40520.6% | before 1993 | 2997 | OVERFIT |
| CTAS | +116.5% | +123411.3% | -123294.8% | before 1993 | 2919 | OVERFIT |
| DASH | n/a · history < 10y (5.7y) | |||||
| DDOG | n/a · history < 10y (6.9y) | |||||
| DXCM | +93.2% | +3002.6% | -2909.4% | -8.1 pts | 1391 | OVERFIT |
| EA | n/a · history < 10y (9.0y) | |||||
| EXC | -41.2% | +17730.6% | -17771.8% | before 1993 | 3502 | OVERFIT |
| FANG | +51.3% | +1406.8% | -1355.5% | -11.8 pts | 972 | INCONCLUSIVE |
| FAST | +1384.0% | +262350.7% | -260966.7% | before 1993 | 2438 | OVERFIT |
| FER | +112.2% | +593.7% | -481.5% | -9.3 pts | 368 | INCONCLUSIVE |
| FTNT | +17.2% | +10184.6% | -10167.4% | -13.2 pts | 1121 | INCONCLUSIVE |
| GEHC | n/a · history < 10y (3.7y) | |||||
| GILD | +98.2% | +33594.8% | -33496.6% | before 1993 | 2294 | OVERFIT |
| HONA | n/a · history < 10y (0.2y) | |||||
| IDXX | +98.7% | +58789.5% | -58690.8% | before 1993 | 2239 | OVERFIT |
| INTC | -56.2% | +49216.9% | -49273.0% | before 1993 | 2989 | OVERFIT |
| INTU | -82.1% | +15430.2% | -15512.2% | -15.8 pts | 2201 | OVERFIT |
| ISRG | +1599.3% | +18484.9% | -16885.6% | +3.0 pts | 1712 | OVERFIT |
| KDP | -53.1% | +1090.2% | -1143.3% | -15.8 pts | 1241 | INCONCLUSIVE |
| KHC | -66.6% | -42.2% | -24.4% | -23.7 pts | 719 | INCONCLUSIVE |
| KLAC | -24.9% | +289399.1% | -289424.0% | before 1993 | 2976 | OVERFIT |
| LIN | -94.5% | +10777.0% | -10871.5% | before 1993 | 2411 | OVERFIT |
| LITE | +216.5% | +5280.9% | -5064.5% | -3.3 pts | 743 | INCONCLUSIVE |
| LRCX | -50.5% | +159814.6% | -159865.1% | before 1993 | 2754 | OVERFIT |
| MAR | -89.6% | +2539.5% | -2629.2% | -16.6 pts | 1896 | OVERFIT |
| MCHP | -98.2% | +41961.5% | -42059.7% | -22.1 pts | 2342 | OVERFIT |
| MDLZ | -69.9% | +461.4% | -531.3% | -14.1 pts | 1664 | OVERFIT |
| MELI | +34.9% | +6911.0% | -6876.1% | -9.6 pts | 1273 | INCONCLUSIVE |
| META | -10.9% | +1410.2% | -1421.1% | -16.0 pts | 935 | INCONCLUSIVE |
| MNST | +1028.1% | +61968.9% | -60940.7% | before 1993 | 2864 | MARGINAL |
| MPWR | -63.7% | +15002.1% | -15065.8% | -15.6 pts | 1474 | OVERFIT |
| MRVL | -91.2% | +1645.0% | -1736.2% | -17.4 pts | 1774 | OVERFIT |
| MSTR | +5829.1% | +1158.6% | +4670.5% | +6.6 pts | 1881 | OVERFIT |
| MU | +342.3% | +70877.8% | -70535.5% | before 1993 | 2778 | OVERFIT |
| NFLX | +538.9% | +67643.2% | -67104.3% | -2.4 pts | 1541 | OVERFIT |
| NXPI | -61.8% | +1721.2% | -1782.9% | -20.5 pts | 1130 | INCONCLUSIVE |
| ODFL | -99.2% | +36444.7% | -36543.8% | before 1993 | 2643 | OVERFIT |
| ORLY | +527.7% | +55255.7% | -54728.0% | -5.3 pts | 2200 | OVERFIT |
| PANW | +476.7% | +4215.4% | -3738.7% | -1.7 pts | 895 | INCONCLUSIVE |
| PCAR | +490.0% | +57106.4% | -56616.4% | before 1993 | 2874 | OVERFIT |
| PDD | n/a · history < 10y (8.1y) | |||||
| PEP | -96.9% | +37760.7% | -37857.6% | before 1993 | 3706 | OVERFIT |
| PLTR | n/a · history < 10y (5.9y) | |||||
| PYPL | -83.1% | +44.7% | -127.8% | -29.1 pts | 784 | INCONCLUSIVE |
| QCOM | -78.8% | +50430.1% | -50509.0% | before 1993 | 2387 | OVERFIT |
| REGN | +210.5% | +3718.3% | -3507.8% | before 1993 | 2286 | OVERFIT |
| ROP | +8.6% | +26003.6% | -25994.9% | before 1993 | 2375 | OVERFIT |
| ROST | +88.4% | +55801.1% | -55712.7% | before 1993 | 2668 | OVERFIT |
| SBUX | -94.4% | +43019.5% | -43114.0% | before 1993 | 2337 | OVERFIT |
| SHOP | +131.1% | +8568.8% | -8437.8% | -6.2 pts | 751 | INCONCLUSIVE |
| SNDK | n/a · history < 10y (1.5y) | |||||
| SNPS | -98.5% | +5482.1% | -5580.6% | before 1993 | 2265 | OVERFIT |
| STX | +1819.5% | +15614.6% | -13795.2% | +1.9 pts | 1522 | OVERFIT |
| TER | -21.7% | +31309.8% | -31331.5% | before 1993 | 3512 | OVERFIT |
| TMUS | -83.2% | +318.0% | -401.1% | -19.7 pts | 1307 | INCONCLUSIVE |
| TRI | -60.2% | +578.4% | -638.6% | -14.4 pts | 1631 | OVERFIT |
| TSLA | +280.0% | +23002.8% | -22722.8% | -6.5 pts | 1045 | INCONCLUSIVE |
| TTWO | +50.1% | +5509.7% | -5459.6% | -8.7 pts | 1945 | OVERFIT |
| TXN | -89.9% | +38040.6% | -38130.5% | before 1993 | 3566 | OVERFIT |
| VRTX | +243.7% | +12000.4% | -11756.8% | before 1993 | 2350 | MARGINAL |
| WBD | +14.1% | +302.2% | -288.0% | -10.5 pts | 1371 | OVERFIT |
| WDAY | -25.8% | +305.5% | -331.3% | -16.9 pts | 907 | INCONCLUSIVE |
| WDC | +491.8% | +66202.2% | -65710.4% | before 1993 | 3001 | OVERFIT |
| XEL | +69.7% | +7388.9% | -7319.2% | before 1993 | 3424 | OVERFIT |
| A | +20.0% | +486.3% | -466.3% | -7.7 pts | 1803 | OVERFIT |
| ABBV | +106.2% | +1156.0% | -1049.8% | -9.4 pts | 870 | INCONCLUSIVE |
| ABT | -79.2% | +62056.2% | -62135.4% | before 1993 | 3054 | OVERFIT |
| ACGL | -70.7% | +4268.0% | -4338.7% | -14.4 pts | 2224 | OVERFIT |
| ACN | -61.4% | +1726.5% | -1787.9% | -13.3 pts | 1751 | OVERFIT |
| ADM | -94.8% | +9265.6% | -9360.5% | before 1993 | 3019 | OVERFIT |
| AEE | -62.4% | +813.9% | -876.3% | -12.7 pts | 1818 | OVERFIT |
| AES | -13.2% | +647.5% | -660.6% | before 1993 | 2280 | OVERFIT |
| AFL | -52.4% | +205848.4% | -205900.8% | before 1993 | 3120 | OVERFIT |
| AIG | +553.0% | +468.3% | +84.8% | before 1993 | 3330 | MARGINAL |
| AIZ | -83.2% | +1585.5% | -1668.7% | -18.5 pts | 1556 | OVERFIT |
| AJG | +297.8% | +41899.5% | -41601.8% | before 1993 | 2768 | OVERFIT |
| AKAM | -77.7% | -25.2% | -52.5% | -14.0 pts | 1769 | OVERFIT |
| ALB | -73.7% | +3091.3% | -3165.0% | -14.9 pts | 2206 | OVERFIT |
| ALGN | +44.8% | +846.9% | -802.1% | -7.4 pts | 1652 | OVERFIT |
| ALL | -90.9% | +3674.2% | -3765.1% | -17.8 pts | 2256 | OVERFIT |
| ALLE | -42.8% | +265.9% | -308.7% | -18.2 pts | 836 | INCONCLUSIVE |
| AMCR | -65.6% | +100.6% | -166.2% | -22.2 pts | 692 | INCONCLUSIVE |
| AME | -91.7% | +25325.0% | -25416.7% | before 1993 | 2887 | OVERFIT |
| AMP | -59.4% | +2154.1% | -2213.4% | -15.4 pts | 1422 | OVERFIT |
| AMT | +166.8% | +1310.2% | -1143.4% | -5.6 pts | 1856 | OVERFIT |
| ANET | +59.3% | +5592.8% | -5533.5% | -9.8 pts | 799 | INCONCLUSIVE |
| AON | +23.2% | +29815.0% | -29791.9% | before 1993 | 2980 | OVERFIT |
| AOS | +1238.3% | +13924.9% | -12686.6% | before 1993 | 2656 | OVERFIT |
| APA | -96.0% | +2417.2% | -2513.2% | before 1993 | 3198 | OVERFIT |
| APD | -57.3% | +20722.2% | -20779.5% | before 1993 | 3044 | OVERFIT |
| APH | +158.8% | +146951.6% | -146792.7% | before 1993 | 2308 | OVERFIT |
| APO | +89.5% | +1845.9% | -1756.4% | -9.8 pts | 1027 | INCONCLUSIVE |
| APTV | +30.0% | +174.0% | -143.9% | -13.4 pts | 976 | INCONCLUSIVE |
| ARE | -59.6% | +624.3% | -683.8% | -12.7 pts | 1842 | OVERFIT |
| ARES | +167.2% | +1191.9% | -1024.6% | -5.6 pts | 827 | INCONCLUSIVE |
| ATO | -50.9% | +13696.4% | -13747.2% | before 1993 | 2797 | OVERFIT |
| AVB | -54.6% | +42.3% | -96.9% | -22.8 pts | 709 | INCONCLUSIVE |
| AVY | -85.1% | +8544.4% | -8629.5% | before 1993 | 3456 | OVERFIT |
| AWK | -50.6% | +950.9% | -1001.5% | -15.6 pts | 1234 | INCONCLUSIVE |
| AZO | +70.9% | +40631.8% | -40560.8% | before 1993 | 2266 | OVERFIT |
| BAC | +35.5% | +4053.1% | -4017.6% | before 1993 | 3336 | OVERFIT |
| BALL | +285.1% | +49568.6% | -49283.5% | before 1993 | 3530 | MARGINAL |
| BAX | -99.0% | +1778.4% | -1877.4% | before 1993 | 3048 | OVERFIT |
| BBY | +7352.5% | +89506.6% | -82154.1% | before 1993 | 2612 | OVERFIT |
| BDX | -79.4% | +21440.4% | -21519.8% | before 1993 | 3514 | OVERFIT |
| BEN | +425.1% | +130378.8% | -129953.6% | before 1993 | 2727 | OVERFIT |
| BF-B | -52.6% | +14873.5% | -14926.1% | before 1993 | 2992 | OVERFIT |
| BG | +43.4% | +1105.5% | -1062.2% | -8.1 pts | 1611 | OVERFIT |
| BIIB | -96.3% | +6832.8% | -6929.1% | before 1993 | 2347 | OVERFIT |
| BLDR | -62.8% | +393.7% | -456.6% | -15.7 pts | 1382 | OVERFIT |
| BLK | -52.4% | +13724.5% | -13776.9% | -11.5 pts | 1779 | OVERFIT |
| BMY | -90.3% | +23662.6% | -23753.0% | before 1993 | 3600 | OVERFIT |
| BNY | -82.0% | +32230.3% | -32312.3% | before 1993 | 3433 | OVERFIT |
| BR | -2.9% | +1234.2% | -1237.1% | -11.2 pts | 1246 | INCONCLUSIVE |
| BRK-B | -50.5% | +2072.5% | -2123.1% | -12.7 pts | 1961 | OVERFIT |
| BRO | -65.1% | +76212.8% | -76277.9% | before 1993 | 3550 | OVERFIT |
| BSX | -75.0% | +1028.2% | -1103.2% | before 1993 | 2312 | OVERFIT |
| BX | +83.5% | +1023.3% | -939.8% | -7.6 pts | 1231 | INCONCLUSIVE |
| BXP | -83.0% | +888.9% | -972.0% | -15.4 pts | 1844 | OVERFIT |
| C | -66.6% | +1897.9% | -1964.5% | before 1993 | 3272 | OVERFIT |
| CAH | +873.3% | +39284.8% | -38411.5% | before 1993 | 2725 | OVERFIT |
| CARR | n/a · history < 10y (6.5y) | |||||
| CASY | +27.8% | +80461.2% | -80433.5% | before 1993 | 2776 | OVERFIT |
| CB | -42.8% | +6587.6% | -6630.4% | -12.5 pts | 2214 | OVERFIT |
| CBOE | +69.9% | +1060.1% | -990.2% | -11.3 pts | 1053 | INCONCLUSIVE |
| CBRE | -88.4% | +2283.8% | -2372.2% | -20.2 pts | 1464 | OVERFIT |
| CCI | +217.5% | +899.9% | -682.4% | -4.8 pts | 1852 | OVERFIT |
| CCL | +8.8% | +1154.4% | -1145.5% | before 1993 | 2576 | OVERFIT |
| CDW | +19.4% | +858.2% | -838.8% | -13.1 pts | 861 | INCONCLUSIVE |
| CF | -24.8% | +5815.9% | -5840.7% | -12.4 pts | 1426 | OVERFIT |
| CFG | +20.0% | +349.9% | -329.9% | -12.3 pts | 786 | INCONCLUSIVE |
| CHD | +42.5% | +93736.5% | -93694.0% | before 1993 | 2987 | OVERFIT |
| CHRW | -79.2% | +4307.6% | -4386.9% | -14.7 pts | 1897 | OVERFIT |
| CHTR | -58.5% | +335.5% | -394.0% | -19.3 pts | 1134 | INCONCLUSIVE |
| CI | +80.2% | +12980.8% | -12900.7% | before 1993 | 2784 | OVERFIT |
| CIEN | -65.6% | +195.6% | -261.2% | -13.4 pts | 1919 | OVERFIT |
| CINF | +119.5% | +41545.9% | -41426.4% | before 1993 | 2797 | OVERFIT |
| CL | -98.2% | +20919.0% | -21017.2% | before 1993 | 3688 | OVERFIT |
| CLX | -96.6% | +6184.2% | -6280.7% | before 1993 | 3514 | OVERFIT |
| CME | +0.3% | +6884.2% | -6883.9% | -11.3 pts | 1531 | OVERFIT |
| CMG | +41.7% | +4221.6% | -4179.9% | -9.4 pts | 1310 | OVERFIT |
| CMI | +1422.4% | +28968.2% | -27545.8% | before 1993 | 3334 | OVERFIT |
| CMS | +820.8% | +630.8% | +190.0% | before 1993 | 3274 | OVERFIT |
| CNC | +13.9% | +4388.8% | -4374.9% | -9.5 pts | 1628 | OVERFIT |
| CNP | -57.9% | +13998.0% | -14055.9% | before 1993 | 4182 | OVERFIT |
| COF | -77.7% | +5724.6% | -5802.3% | -15.7 pts | 2176 | OVERFIT |
| COHR | -89.3% | +68288.9% | -68378.3% | before 1993 | 2736 | OVERFIT |
| COIN | n/a · history < 10y (5.4y) | |||||
| COO | +235.4% | +879.8% | -644.4% | before 1993 | 2894 | OVERFIT |
| COP | -77.4% | +13561.7% | -13639.1% | before 1993 | 3024 | OVERFIT |
| COR | +137.0% | +17062.1% | -16925.0% | -8.2 pts | 2070 | OVERFIT |
| CPAY | -17.8% | +1383.7% | -1401.5% | -15.5 pts | 1050 | INCONCLUSIVE |
| CPT | +6.2% | +2453.9% | -2447.7% | -10.8 pts | 2118 | OVERFIT |
| CRH | -84.0% | +7617.9% | -7701.9% | before 1993 | 2410 | OVERFIT |
| CRL | +42.7% | +1210.2% | -1167.5% | -7.1 pts | 1711 | OVERFIT |
| CSGP | +630.5% | +3390.6% | -2760.2% | -1.5 pts | 1804 | OVERFIT |
| CTSH | +26.1% | +35498.3% | -35472.2% | -8.2 pts | 1903 | OVERFIT |
| CTVA | n/a · history < 10y (7.3y) | |||||
| CVNA | n/a · history < 10y (9.3y) | |||||
| CVS | +175.7% | +15658.6% | -15483.0% | before 1993 | 3420 | OVERFIT |
| D | +112.7% | +17762.4% | -17649.7% | before 1993 | 3008 | OVERFIT |
| DAL | -24.5% | +339.1% | -363.6% | -12.2 pts | 1296 | INCONCLUSIVE |
| DD | -96.0% | +10113.6% | -10209.6% | before 1993 | 3621 | OVERFIT |
| DE | -26.1% | +101089.1% | -101115.2% | before 1993 | 3524 | OVERFIT |
| DECK | -50.5% | +7024.7% | -7075.2% | -12.9 pts | 2316 | OVERFIT |
| DELL | +423.9% | +4059.8% | -3635.8% | +2.8 pts | 657 | INCONCLUSIVE |
| DG | -82.3% | +550.3% | -632.6% | -24.1 pts | 1125 | INCONCLUSIVE |
| DGX | -20.9% | +9626.0% | -9646.9% | -10.9 pts | 1951 | OVERFIT |
| DHI | -95.6% | +13111.0% | -13206.6% | before 1993 | 2414 | OVERFIT |
| DHR | +9.8% | +483557.2% | -483547.4% | before 1993 | 3193 | OVERFIT |
| DLR | -58.8% | +3540.7% | -3599.5% | -15.2 pts | 1407 | OVERFIT |
| DLTR | -20.6% | +10731.5% | -10752.0% | -11.8 pts | 2082 | OVERFIT |
| DOC | -61.9% | +6136.8% | -6198.7% | before 1993 | 2668 | OVERFIT |
| DOV | +10.2% | +29264.8% | -29254.6% | before 1993 | 3048 | OVERFIT |
| DOW | n/a · history < 10y (7.4y) | |||||
| DPZ | -65.1% | +5638.6% | -5703.6% | -15.8 pts | 1458 | OVERFIT |
| DRI | -72.0% | +6998.7% | -7070.7% | -14.8 pts | 2140 | OVERFIT |
| DTE | -28.2% | +35264.3% | -35292.6% | before 1993 | 4272 | OVERFIT |
| DUK | +26.6% | +16239.0% | -16212.4% | before 1993 | 3058 | OVERFIT |
| DVA | +22.2% | +4219.3% | -4197.0% | -10.0 pts | 2053 | OVERFIT |
| DVN | -40.6% | +1411.9% | -1452.5% | before 1993 | 2634 | OVERFIT |
| EBAY | -36.7% | +14035.1% | -14071.8% | -10.9 pts | 1826 | OVERFIT |
| ECHO | -27.9% | +227.3% | -255.2% | -13.1 pts | 1186 | INCONCLUSIVE |
| ECL | -63.5% | +20174.1% | -20237.6% | before 1993 | 3502 | OVERFIT |
| ED | +331.8% | +45081.6% | -44749.8% | before 1993 | 4090 | OVERFIT |
| EFX | +22.8% | +77234.4% | -77211.6% | before 1993 | 3064 | OVERFIT |
| EG | -84.8% | +2975.7% | -3060.5% | -16.5 pts | 2013 | OVERFIT |
| EIX | -44.5% | +14610.5% | -14655.1% | before 1993 | 3474 | OVERFIT |
| EL | -87.5% | +1551.3% | -1638.8% | -17.1 pts | 2085 | OVERFIT |
| ELV | -17.4% | +2326.9% | -2344.3% | -11.0 pts | 1636 | OVERFIT |
| EME | +479.6% | +59203.5% | -58723.8% | -5.5 pts | 2159 | OVERFIT |
| EMR | -96.4% | +19839.1% | -19935.5% | before 1993 | 3667 | OVERFIT |
| EOG | -17.3% | +9279.7% | -9297.0% | before 1993 | 2396 | OVERFIT |
| EQIX | +688.3% | +240.5% | +447.8% | -0.2 pts | 1695 | OVERFIT |
| EQR | -60.1% | +44.2% | -104.3% | -24.0 pts | 694 | INCONCLUSIVE |
| EQT | +1017.2% | +19557.1% | -18540.0% | before 1993 | 2945 | OVERFIT |
| ERIE | -7.4% | +3362.8% | -3370.3% | -10.8 pts | 2166 | OVERFIT |
| ES | -83.4% | +2960.1% | -3043.5% | before 1993 | 3550 | OVERFIT |
| ESS | -57.9% | +5274.8% | -5332.7% | -13.7 pts | 2078 | OVERFIT |
| ETN | +507.2% | +116541.5% | -116034.2% | before 1993 | 3463 | OVERFIT |
| ETR | -38.9% | +19797.9% | -19836.8% | before 1993 | 3498 | OVERFIT |
| EVRG | -7.4% | +5086.7% | -5094.1% | before 1993 | 3362 | OVERFIT |
| EW | -32.1% | +6500.0% | -6532.1% | -9.7 pts | 1742 | OVERFIT |
| EXE | n/a · history < 10y (5.6y) | |||||
| EXPD | +282.5% | +148324.6% | -148042.1% | before 1993 | 2895 | OVERFIT |
| EXPE | +35.5% | +916.1% | -880.6% | -9.6 pts | 1388 | OVERFIT |
| EXR | +53.3% | +2698.9% | -2645.6% | -9.4 pts | 1422 | OVERFIT |
| F | +6.6% | +6752.4% | -6745.8% | before 1993 | 3591 | OVERFIT |
| FCX | +10.7% | +1061.6% | -1050.9% | -10.3 pts | 2069 | OVERFIT |
| FDS | +2096.4% | +9088.9% | -6992.5% | +0.5 pts | 1895 | OVERFIT |
| FDX | -69.6% | +53776.9% | -53846.5% | before 1993 | 3140 | OVERFIT |
| FDXF | n/a · history < 10y (0.3y) | |||||
| FE | -64.8% | +563.0% | -627.8% | -13.1 pts | 1828 | OVERFIT |
| FFIV | -44.2% | +5374.0% | -5418.2% | -10.6 pts | 1803 | OVERFIT |
| FICO | -88.4% | +94747.8% | -94836.2% | before 1993 | 2613 | OVERFIT |
| FIS | -86.3% | +363.8% | -450.1% | -17.1 pts | 1672 | OVERFIT |
| FITB | +684.8% | +28280.0% | -27595.2% | before 1993 | 2896 | OVERFIT |
| FIX | -85.8% | +11966.2% | -12052.0% | -16.0 pts | 1977 | OVERFIT |
| FLEX | +272.8% | +7898.6% | -7625.8% | -6.8 pts | 2153 | OVERFIT |
| FOX | n/a · history < 10y (7.5y) | |||||
| FOXA | n/a · history < 10y (7.5y) | |||||
| FRT | -89.3% | +24360.2% | -24449.6% | before 1993 | 3544 | OVERFIT |
| FSLR | +24.3% | +716.1% | -691.8% | -9.9 pts | 1305 | OVERFIT |
| FTV | -22.7% | +100.1% | -122.8% | -18.0 pts | 692 | INCONCLUSIVE |
| GD | +3236.0% | +221689.9% | -218453.9% | before 1993 | 4042 | OVERFIT |
| GDDY | -39.9% | +389.4% | -429.3% | -18.4 pts | 748 | INCONCLUSIVE |
| GE | -92.1% | +54356.2% | -54448.3% | before 1993 | 4204 | OVERFIT |
| GEN | -95.3% | +12085.6% | -12180.9% | before 1993 | 2453 | OVERFIT |
| GEV | n/a · history < 10y (2.4y) | |||||
| GIS | -75.3% | +15015.5% | -15090.9% | before 1993 | 3082 | OVERFIT |
| GL | +7.8% | +12680.6% | -12672.8% | before 1993 | 3005 | OVERFIT |
| GLW | +141.7% | +19301.2% | -19159.5% | before 1993 | 2917 | OVERFIT |
| GM | -65.6% | +240.1% | -305.7% | -21.0 pts | 1059 | INCONCLUSIVE |
| GNRC | -60.9% | +2091.1% | -2152.0% | -20.1 pts | 1094 | INCONCLUSIVE |
| GPC | -88.1% | +12785.5% | -12873.6% | before 1993 | 3115 | OVERFIT |
| GPN | -52.1% | +2567.9% | -2620.0% | -11.8 pts | 1718 | OVERFIT |
| GRMN | +125.8% | +5377.3% | -5251.6% | -5.7 pts | 1648 | OVERFIT |
| GWW | +113.9% | +55300.2% | -55186.2% | before 1993 | 3417 | OVERFIT |
| HAL | -88.1% | +2860.8% | -2948.8% | before 1993 | 3503 | OVERFIT |
| HAS | +28.6% | +201529.8% | -201501.2% | before 1993 | 3062 | OVERFIT |
| HBAN | +21.1% | +3799.5% | -3778.5% | before 1993 | 2948 | OVERFIT |
| HCA | +29.1% | +1699.7% | -1670.6% | -12.5 pts | 1058 | INCONCLUSIVE |
| HIG | -43.3% | +951.1% | -994.4% | -12.3 pts | 2044 | OVERFIT |
| HII | +24.3% | +883.6% | -859.4% | -12.8 pts | 973 | INCONCLUSIVE |
| HLT | -8.2% | +659.1% | -667.4% | -14.8 pts | 866 | INCONCLUSIVE |
| HOOD | n/a · history < 10y (5.1y) | |||||
| HPE | +66.8% | +625.0% | -558.2% | -10.0 pts | 714 | INCONCLUSIVE |
| HPQ | -70.9% | +77945.5% | -78016.4% | before 1993 | 4176 | OVERFIT |
| HRL | -88.5% | +19046.1% | -19134.6% | before 1993 | 3110 | OVERFIT |
| HSIC | +59.3% | +1913.1% | -1853.8% | -9.0 pts | 1985 | OVERFIT |
| HST | +196.0% | +12843.9% | -12647.9% | before 1993 | 2954 | OVERFIT |
| HSY | -80.3% | +53964.6% | -54044.9% | before 1993 | 3028 | OVERFIT |
| HUBB | +13.5% | +3853.5% | -3840.0% | -10.7 pts | 2058 | OVERFIT |
| HUM | +70.9% | +20168.9% | -20098.0% | before 1993 | 2925 | OVERFIT |
| HWM | n/a · history < 10y (9.8y) | |||||
| IBKR | -43.9% | +1526.1% | -1570.0% | -13.7 pts | 1293 | INCONCLUSIVE |
| ICE | -35.3% | +2307.9% | -2343.1% | -13.3 pts | 1353 | OVERFIT |
| IEX | +11.2% | +12761.2% | -12750.1% | before 1993 | 2463 | OVERFIT |
| IFF | -93.2% | +4754.9% | -4848.2% | before 1993 | 3419 | OVERFIT |
| INCY | +273.6% | +6471.7% | -6198.1% | -6.8 pts | 2100 | MARGINAL |
| INVH | n/a · history < 10y (9.6y) | |||||
| IP | -29.0% | +4590.1% | -4619.2% | before 1993 | 4070 | OVERFIT |
| IQV | +78.8% | +520.3% | -441.4% | -9.8 pts | 883 | INCONCLUSIVE |
| IR | n/a · history < 10y (9.3y) | |||||
| IRM | +312.3% | +9911.6% | -9599.3% | -5.6 pts | 1971 | OVERFIT |
| IT | -65.7% | +6431.0% | -6496.7% | -14.1 pts | 2239 | OVERFIT |
| ITW | +483.5% | +51254.1% | -50770.5% | before 1993 | 3420 | OVERFIT |
| IVZ | -63.0% | +1093.8% | -1156.8% | -13.9 pts | 2099 | OVERFIT |
| J | -57.8% | +33544.7% | -33602.5% | before 1993 | 3063 | OVERFIT |
| JBHT | +71.9% | +24926.6% | -24854.7% | before 1993 | 2786 | MARGINAL |
| JBL | +576.6% | +41217.7% | -40641.1% | -5.0 pts | 2161 | OVERFIT |
| JCI | -66.6% | +4376.5% | -4443.1% | before 1993 | 2545 | OVERFIT |
| JKHY | -91.9% | +71288.2% | -71380.2% | before 1993 | 2851 | OVERFIT |
| KEY | -92.1% | +1405.6% | -1497.7% | before 1993 | 2554 | OVERFIT |
| KEYS | +63.7% | +1042.3% | -978.6% | -10.1 pts | 773 | INCONCLUSIVE |
| KIM | -63.3% | +3036.5% | -3099.8% | before 1993 | 2216 | OVERFIT |
| KKR | +128.0% | +1784.9% | -1656.9% | -9.6 pts | 1087 | INCONCLUSIVE |
| KMB | -86.7% | +16039.9% | -16126.6% | before 1993 | 3088 | OVERFIT |
| KMI | -44.2% | +117.5% | -161.7% | -17.6 pts | 1029 | INCONCLUSIVE |
| KR | +337.4% | +182706.1% | -182368.7% | before 1993 | 4116 | OVERFIT |
| KVUE | n/a · history < 10y (3.3y) | |||||
| L | +174.2% | +22398.8% | -22224.6% | before 1993 | 2992 | OVERFIT |
| LDOS | -50.4% | +530.2% | -580.7% | -14.6 pts | 1301 | OVERFIT |
| LEN | -67.2% | +29032.9% | -29100.1% | before 1993 | 3022 | OVERFIT |
| LH | -87.2% | +1408.2% | -1495.5% | before 1993 | 2446 | OVERFIT |
| LHX | +23.9% | +8519.5% | -8495.6% | before 1993 | 2882 | OVERFIT |
| LII | -67.3% | +3122.4% | -3189.7% | -12.6 pts | 1760 | OVERFIT |
| LLY | +124.1% | +129720.0% | -129595.9% | before 1993 | 3484 | OVERFIT |
| LMT | -5.7% | +67444.7% | -67450.4% | before 1993 | 4122 | OVERFIT |
| LNT | -60.0% | +9408.5% | -9468.4% | before 1993 | 3410 | OVERFIT |
| LOW | +2439.7% | +77328.4% | -74888.6% | before 1993 | 2928 | OVERFIT |
| LULU | +222.6% | +759.0% | -536.4% | -4.8 pts | 1221 | INCONCLUSIVE |
| LUV | -57.9% | +24508.5% | -24566.4% | before 1993 | 3054 | OVERFIT |
| LVS | +126.6% | +50.3% | +76.2% | -7.0 pts | 1424 | OVERFIT |
| LYB | -54.5% | +648.8% | -703.3% | -18.8 pts | 1126 | INCONCLUSIVE |
| LYV | +102.1% | +1558.0% | -1455.9% | -7.6 pts | 1334 | OVERFIT |
| MA | +298.1% | +14066.9% | -13768.8% | -4.2 pts | 1378 | OVERFIT |
| MAA | -79.8% | +3525.2% | -3604.9% | -15.6 pts | 2110 | OVERFIT |
| MAS | -21.1% | +7423.1% | -7444.2% | before 1993 | 2938 | OVERFIT |
| MCK | +95.2% | +6946.5% | -6851.3% | -9.0 pts | 2006 | OVERFIT |
| MCO | -22.2% | +7753.9% | -7776.1% | -11.8 pts | 2069 | OVERFIT |
| MDT | +12.2% | +51421.0% | -51408.8% | before 1993 | 3412 | OVERFIT |
| MET | -88.7% | +1176.9% | -1265.6% | -16.2 pts | 1847 | OVERFIT |
| MGM | +53.8% | +1501.4% | -1447.6% | before 1993 | 2554 | OVERFIT |
| MKC | +2345.0% | +14401.8% | -12056.9% | before 1993 | 3162 | OVERFIT |
| MLM | -65.3% | +3089.6% | -3154.9% | -14.1 pts | 2150 | OVERFIT |
| MO | +503.6% | +2914781.4% | -2914277.8% | before 1993 | 4042 | OVERFIT |
| MOS | -14.4% | +268.9% | -283.3% | before 1993 | 2448 | OVERFIT |
| MPC | +215.2% | +2972.8% | -2757.5% | -6.7 pts | 995 | INCONCLUSIVE |
| MRNA | n/a · history < 10y (7.7y) | |||||
| MRSH | +171.7% | +21192.9% | -21021.2% | before 1993 | 3406 | OVERFIT |
| MS | -39.7% | +6159.1% | -6198.8% | -12.4 pts | 2202 | OVERFIT |
| MSCI | -64.3% | +2406.7% | -2471.0% | -16.6 pts | 1255 | INCONCLUSIVE |
| MSI | -78.1% | +79243.2% | -79321.3% | before 1993 | 4181 | OVERFIT |
| MTB | +2481.7% | +105049.8% | -102568.1% | before 1993 | 2958 | OVERFIT |
| MTD | +77.8% | +9346.3% | -9268.5% | -7.4 pts | 1829 | OVERFIT |
| NCLH | +33.2% | -34.9% | +68.1% | -12.6 pts | 948 | INCONCLUSIVE |
| NDAQ | +230.4% | +2371.2% | -2140.8% | -5.8 pts | 1557 | OVERFIT |
| NDSN | +145.6% | +37769.3% | -37623.7% | before 1993 | 3178 | OVERFIT |
| NEE | +710.2% | +23772.9% | -23062.7% | before 1993 | 3348 | OVERFIT |
| NEM | -97.2% | +2099.8% | -2197.0% | before 1993 | 3133 | OVERFIT |
| NI | +8.8% | +5234.9% | -5226.1% | before 1993 | 3364 | OVERFIT |
| NOC | +98.9% | +23369.3% | -23270.4% | before 1993 | 2935 | OVERFIT |
| NOW | -36.1% | +2907.9% | -2944.1% | -18.1 pts | 945 | INCONCLUSIVE |
| NRG | -19.6% | +1442.6% | -1462.2% | -12.0 pts | 1471 | OVERFIT |
| NSC | -85.8% | +24520.7% | -24606.4% | before 1993 | 2946 | OVERFIT |
| NTAP | +285.1% | +19659.8% | -19374.6% | -6.0 pts | 1963 | MARGINAL |
| NTRS | -26.4% | +53074.8% | -53101.2% | before 1993 | 2749 | OVERFIT |
| NUE | +361.8% | +70209.1% | -69847.3% | before 1993 | 2979 | OVERFIT |
| NVR | +142.9% | +61512.0% | -61369.1% | -8.1 pts | 2223 | OVERFIT |
| NWS | -47.2% | +152.4% | -199.6% | -19.1 pts | 915 | INCONCLUSIVE |
| NWSA | -53.4% | +122.2% | -175.7% | -20.0 pts | 901 | INCONCLUSIVE |
| O | -78.8% | +5366.4% | -5445.2% | -15.8 pts | 2116 | OVERFIT |
| OKE | -1.0% | +19101.6% | -19102.6% | before 1993 | 3005 | OVERFIT |
| OMC | +380.0% | +15677.5% | -15297.5% | before 1993 | 2888 | OVERFIT |
| ON | -39.5% | +208.7% | -248.2% | -10.3 pts | 1766 | OVERFIT |
| ORCL | -84.2% | +296729.4% | -296813.7% | before 1993 | 2753 | OVERFIT |
| OTIS | n/a · history < 10y (6.5y) | |||||
| OXY | -93.8% | +3580.0% | -3673.8% | before 1993 | 3022 | OVERFIT |
| PCG | -49.4% | +1389.7% | -1439.1% | before 1993 | 3530 | OVERFIT |
| PEG | +187.0% | +18884.4% | -18697.4% | before 1993 | 2964 | OVERFIT |
| PFE | -94.4% | +20062.7% | -20157.1% | before 1993 | 3574 | OVERFIT |
| PFG | -90.4% | +920.1% | -1010.6% | -19.2 pts | 1658 | OVERFIT |
| PGR | +9758.6% | +819581.9% | -809823.3% | before 1993 | 2830 | OVERFIT |
| PH | +106.4% | +41129.4% | -41023.1% | before 1993 | 3008 | OVERFIT |
| PHM | +230.7% | +95847.7% | -95617.0% | before 1993 | 3006 | OVERFIT |
| PLD | -49.5% | +1782.5% | -1832.1% | -11.7 pts | 1838 | OVERFIT |
| PM | +130.5% | +785.7% | -655.2% | -7.6 pts | 1176 | INCONCLUSIVE |
| PNC | +312.6% | +37937.9% | -37625.2% | before 1993 | 3160 | OVERFIT |
| PNR | +1067.4% | +11510.8% | -10443.5% | before 1993 | 3294 | OVERFIT |
| PNW | -15.7% | +2247.6% | -2263.2% | before 1993 | 3390 | OVERFIT |
| PODD | -38.6% | +831.5% | -870.1% | -13.3 pts | 1270 | INCONCLUSIVE |
| PPG | +16.1% | +21327.4% | -21311.4% | before 1993 | 3030 | OVERFIT |
| PPL | +40.9% | +7311.8% | -7270.9% | before 1993 | 2974 | OVERFIT |
| PRU | -87.3% | +767.8% | -855.1% | -18.1 pts | 1692 | OVERFIT |
| PSA | -84.6% | +13958.7% | -14043.3% | before 1993 | 3030 | OVERFIT |
| PSKY | +25.0% | -34.8% | +59.8% | -10.0 pts | 1343 | OVERFIT |
| PSX | +53.5% | +1071.7% | -1018.2% | -11.6 pts | 927 | INCONCLUSIVE |
| PTC | -96.7% | +8443.5% | -8540.1% | before 1993 | 2447 | OVERFIT |
| PWR | +976.7% | +8155.1% | -7178.4% | -0.5 pts | 1849 | GENERALIZED |
| Q | n/a · history < 10y (0.8y) | |||||
| RCL | +553.6% | +4611.6% | -4058.0% | -5.1 pts | 2142 | OVERFIT |
| REG | -71.8% | +2046.5% | -2118.3% | -14.6 pts | 2154 | OVERFIT |
| RF | +143.8% | +7230.0% | -7086.2% | before 1993 | 2842 | OVERFIT |
| RJF | +239.7% | +52691.1% | -52451.4% | before 1993 | 2743 | OVERFIT |
| RL | -96.0% | +1376.9% | -1472.9% | -20.0 pts | 2012 | OVERFIT |
| RMD | +711.1% | +43254.4% | -42543.3% | -3.9 pts | 2173 | OVERFIT |
| ROK | -61.1% | +57325.7% | -57386.8% | before 1993 | 3012 | OVERFIT |
| ROL | -95.9% | +36503.9% | -36599.8% | before 1993 | 3110 | OVERFIT |
| RSG | -70.6% | +1977.7% | -2048.3% | -13.1 pts | 1850 | OVERFIT |
| RTX | -24.4% | +231131.9% | -231156.3% | before 1993 | 4159 | OVERFIT |
| RVTY | -89.8% | +25547.2% | -25637.0% | before 1993 | 3491 | OVERFIT |
| SBAC | +6445.1% | +2259.6% | +4185.5% | +8.1 pts | 1777 | OVERFIT |
| SCHW | +93.2% | +45501.9% | -45408.7% | before 1993 | 2552 | OVERFIT |
| SJM | -79.9% | +1119.0% | -1198.9% | -16.0 pts | 2081 | OVERFIT |
| SLB | -98.6% | +1125.4% | -1224.0% | before 1993 | 3017 | OVERFIT |
| SMCI | +24.5% | +4155.7% | -4131.2% | -9.9 pts | 1234 | INCONCLUSIVE |
| SNA | -60.2% | +12522.0% | -12582.2% | before 1993 | 3474 | OVERFIT |
| SO | -48.6% | +32617.4% | -32666.0% | before 1993 | 2990 | OVERFIT |
| SOLV | n/a · history < 10y (2.4y) | |||||
| SPG | -76.6% | +5330.6% | -5407.2% | -15.2 pts | 2140 | OVERFIT |
| SPGI | -2.9% | +140503.3% | -140506.1% | before 1993 | 3521 | OVERFIT |
| SRE | -75.8% | +1463.0% | -1538.8% | -13.8 pts | 1890 | OVERFIT |
| STE | -77.6% | +15491.4% | -15569.0% | before 1993 | 2254 | OVERFIT |
| STLD | +11.8% | +7831.8% | -7820.1% | -9.6 pts | 1975 | OVERFIT |
| STT | +11893.4% | +199686.1% | -187792.7% | before 1993 | 2823 | OVERFIT |
| STZ | -78.0% | +10007.0% | -10085.0% | before 1993 | 2272 | OVERFIT |
| SW | -47.5% | +775.0% | -822.4% | -15.5 pts | 710 | INCONCLUSIVE |
| SWK | -92.4% | +5887.9% | -5980.3% | before 1993 | 3123 | OVERFIT |
| SWKS | -99.8% | +1317.3% | -1417.1% | before 1993 | 2907 | OVERFIT |
| SYF | -30.4% | +325.2% | -355.6% | -16.9 pts | 860 | INCONCLUSIVE |
| SYK | +5846.3% | +430371.4% | -424525.1% | before 1993 | 2914 | OVERFIT |
| SYY | -93.9% | +115885.9% | -115979.8% | before 1993 | 3348 | OVERFIT |
| T | -58.0% | +10219.8% | -10277.8% | before 1993 | 2776 | OVERFIT |
| TAP | -88.4% | +518.8% | -607.2% | before 1993 | 3246 | OVERFIT |
| TDG | +146.1% | +13285.3% | -13139.2% | -6.5 pts | 1350 | OVERFIT |
| TDY | -29.2% | +7164.6% | -7193.8% | -9.7 pts | 1780 | OVERFIT |
| TECH | -42.2% | +79246.8% | -79289.0% | before 1993 | 2393 | OVERFIT |
| TEL | +23.9% | +671.1% | -647.1% | -9.7 pts | 1236 | INCONCLUSIVE |
| TFC | -75.9% | +10226.4% | -10302.3% | before 1993 | 3140 | OVERFIT |
| TGT | -73.5% | +90566.5% | -90640.0% | before 1993 | 3477 | OVERFIT |
| TJX | -62.5% | +36154.4% | -36216.9% | before 1993 | 2610 | OVERFIT |
| TKO | +17.0% | +1638.9% | -1621.9% | -8.2 pts | 1752 | OVERFIT |
| TMO | -22.1% | +36784.3% | -36806.4% | before 1993 | 3007 | OVERFIT |
| TPL | +55324.7% | +75277.1% | -19952.4% | before 1993 | 2962 | MARGINAL |
| TPR | -79.0% | +7766.6% | -7845.6% | -14.5 pts | 1804 | OVERFIT |
| TRGP | +336.0% | +2202.9% | -1866.9% | -4.5 pts | 1064 | INCONCLUSIVE |
| TRMB | +181.1% | +3366.4% | -3185.3% | before 1993 | 2305 | MARGINAL |
| TROW | +53.6% | +35932.6% | -35879.0% | before 1993 | 2684 | OVERFIT |
| TSCO | +26.7% | +15199.0% | -15172.3% | -10.2 pts | 2250 | OVERFIT |
| TSN | -10.8% | +4340.8% | -4351.6% | before 1993 | 2852 | OVERFIT |
| TT | -10.3% | +49748.2% | -49758.4% | before 1993 | 3033 | OVERFIT |
| TTD | n/a · history < 10y (9.9y) | |||||
| TXT | +143.7% | +4901.2% | -4757.5% | before 1993 | 3406 | OVERFIT |
| TYL | -98.7% | +43359.1% | -43457.8% | before 1993 | 3331 | OVERFIT |
| UAL | -1.7% | +240.6% | -242.3% | -11.2 pts | 1376 | OVERFIT |
| UBER | n/a · history < 10y (7.3y) | |||||
| UDR | -96.5% | +14119.5% | -14216.0% | before 1993 | 3328 | OVERFIT |
| UHS | +2005.3% | +15293.2% | -13287.9% | before 1993 | 2902 | OVERFIT |
| ULTA | -37.2% | +1721.3% | -1758.5% | -13.4 pts | 1283 | INCONCLUSIVE |
| UNP | -43.3% | +30311.4% | -30354.7% | before 1993 | 3070 | OVERFIT |
| UPS | -93.0% | +233.2% | -326.2% | -18.0 pts | 1855 | OVERFIT |
| URI | +3225.5% | +7088.3% | -3862.8% | +3.6 pts | 1838 | OVERFIT |
| USB | +888.2% | +44799.0% | -43910.7% | before 1993 | 3090 | OVERFIT |
| VEEV | -54.0% | +668.8% | -722.8% | -20.1 pts | 857 | INCONCLUSIVE |
| VICI | n/a · history < 10y (8.7y) | |||||
| VLO | +62.4% | +23394.0% | -23331.6% | before 1993 | 2871 | OVERFIT |
| VLTO | n/a · history < 10y (2.9y) | |||||
| VMC | +2303.0% | +48759.3% | -46456.3% | before 1993 | 3408 | OVERFIT |
| VRSK | -46.8% | +648.8% | -695.6% | -18.1 pts | 1163 | INCONCLUSIVE |
| VRSN | +426.3% | +5322.0% | -4895.8% | -3.3 pts | 1885 | OVERFIT |
| VRT | n/a · history < 10y (8.1y) | |||||
| VST | n/a · history < 10y (9.9y) | |||||
| VTR | -54.5% | +1496.8% | -1551.4% | -12.4 pts | 1870 | OVERFIT |
| VTRS | -82.3% | +1568.8% | -1651.0% | before 1993 | 2981 | OVERFIT |
| VZ | -81.6% | +4889.1% | -4970.7% | before 1993 | 2800 | OVERFIT |
| WAB | -89.8% | +4137.7% | -4227.5% | -17.8 pts | 2050 | OVERFIT |
| WAT | +144.8% | +10865.4% | -10720.7% | -7.5 pts | 2001 | OVERFIT |
| WEC | +143.2% | +23656.8% | -23513.5% | before 1993 | 2948 | OVERFIT |
| WELL | -84.0% | +58774.1% | -58858.2% | before 1993 | 3148 | OVERFIT |
| WFC | -86.1% | +63452.2% | -63538.4% | before 1993 | 3650 | OVERFIT |
| WM | +125.8% | +8471.2% | -8345.5% | before 1993 | 2482 | OVERFIT |
| WMB | -42.3% | +11974.1% | -12016.4% | before 1993 | 3043 | OVERFIT |
| WSM | -52.1% | +69865.8% | -69917.8% | before 1993 | 2917 | OVERFIT |
| WST | +891.6% | +79208.6% | -78317.0% | before 1993 | 2964 | OVERFIT |
| WTW | -79.1% | +1181.6% | -1260.8% | -15.4 pts | 1672 | OVERFIT |
| WY | -97.4% | +1781.4% | -1878.7% | before 1993 | 3564 | OVERFIT |
| WYNN | -56.4% | +1217.6% | -1273.9% | -14.8 pts | 1558 | OVERFIT |
| XOM | -98.4% | +183657.9% | -183756.3% | before 1993 | 4402 | OVERFIT |
| XYL | -15.6% | +455.0% | -470.6% | -16.4 pts | 974 | INCONCLUSIVE |
| XYZ | +12.2% | +527.5% | -515.3% | -13.6 pts | 693 | INCONCLUSIVE |
| YUM | -93.4% | +4282.5% | -4375.9% | -18.4 pts | 1946 | OVERFIT |
| ZBH | -88.0% | +292.2% | -380.1% | -17.8 pts | 1666 | OVERFIT |
| ZBRA | +74.3% | +8617.7% | -8543.4% | before 1993 | 2208 | OVERFIT |
| ZTS | -47.3% | +179.3% | -226.6% | -19.2 pts | 942 | INCONCLUSIVE |
| Asset | Return | Buy and hold | Difference | Vs. S&P 500 (CAGR/yr) | Trades | Out of sample |
|---|---|---|---|---|---|---|
| EUR/USD | -13.1% | -3.1% | -9.9% | -11.7 pts | 1588 | OVERFIT |
| GBP/USD | -28.9% | -21.2% | -7.7% | -12.5 pts | 1590 | OVERFIT |
| USD/JPY | -20.6% | +40.2% | -60.8% | -11.0 pts | 2037 | OVERFIT |
| USD/MXN | -20.2% | +49.9% | -70.1% | -12.0 pts | 1561 | OVERFIT |
| AUD/USD | -17.1% | -6.6% | -10.5% | -12.1 pts | 1425 | OVERFIT |
| USD/CAD | -24.6% | +1.7% | -26.3% | -12.4 pts | 1627 | OVERFIT |
| USD/CHF | -44.9% | -41.4% | -3.5% | -13.7 pts | 1601 | OVERFIT |
| NZD/USD | -33.7% | -8.1% | -25.6% | -12.8 pts | 1618 | OVERFIT |
| Asset | Return | Buy and hold | Difference | Vs. S&P 500 (CAGR/yr) | Trades | Out of sample |
|---|---|---|---|---|---|---|
| Bitcoin | +7476.6% | +17075.3% | -9598.7% | +14.6 pts | 986 | INCONCLUSIVE |
| Ether | n/a · history < 10y (8.8y) | |||||
| Litecoin | +158.0% | +859.3% | -701.3% | -8.2 pts | 1082 | 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% | -1348.2% | -1348.2% | -1348.1% | -701.3% |
| 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 | -87.7% | -87.7% | -95.5% | -66.9% | -9.9% |
| GBP/USD | -87.5% | -87.5% | -77.8% | -48.3% | -7.7% |
| USD/JPY | -136.0% | -136.0% | -132.4% | -82.0% | -60.8% |
| AUD/USD | — | — | — | — | -10.5% |
| USD/CAD | -136.7% | -136.7% | -101.2% | -76.8% | -26.3% |
| USD/CHF | -85.1% | -85.1% | -58.2% | -38.2% | -3.5% |
| NZD/USD | -82.5% | -82.5% | -90.1% | -41.3% | -25.6% |
| S&P 500 (SPY) | -454.0% | -454.0% | -451.2% | -408.7% | -3155.8% |
| Nasdaq-100 (QQQ) | -705.1% | -705.1% | -701.7% | -649.7% | -1638.9% |
| Russell 2000 (IWM) | -307.3% | -307.3% | -306.2% | -269.9% | -884.9% |
| Emergentes (EEM) | -269.1% | -269.1% | -266.8% | -241.3% | -880.0% |
| Oro (GLD) | -397.4% | -397.4% | -394.0% | -361.5% | -830.9% |
| Bonos 20 años (TLT) | -91.8% | -91.8% | -90.9% | -71.5% | -218.5% |
| AAPL | -1349.6% | -1349.6% | -1344.0% | -1229.8% | -322854.8% |
| AMGN | -379.1% | -379.1% | -377.9% | -301.1% | -186813.3% |
| AMZN | -836.5% | -836.5% | -831.2% | -750.8% | -264335.5% |
| AXP | -573.8% | -573.8% | -569.2% | -472.7% | -27120.4% |
| BA | -166.5% | -166.5% | -164.0% | -38.7% | -108186.9% |
| CAT | -1513.0% | -1513.0% | -1508.8% | -1294.9% | -157187.2% |
| CRM | -339.5% | -339.5% | -338.4% | -307.7% | -5954.4% |
| CSCO | -570.4% | -570.4% | -568.5% | -516.6% | -223027.5% |
| CVX | -358.2% | -358.2% | -357.1% | -314.4% | -68116.2% |
| DIS | -114.8% | -114.8% | -113.4% | -103.9% | -188972.3% |
| GOOGL | -920.8% | -920.8% | -918.5% | -852.9% | -12734.9% |
| GS | -723.2% | -723.2% | -718.2% | -639.8% | -2078.5% |
| HD | -324.2% | -324.2% | -322.6% | -280.7% | -1984875.3% |
| HON | -280.6% | -280.6% | -279.5% | -238.8% | -21146.4% |
| IBM | -286.6% | -286.6% | -284.8% | -235.2% | -16292.6% |
| JNJ | -357.5% | -357.5% | -356.8% | -322.6% | -445261.3% |
| JPM | -742.2% | -742.2% | -740.0% | -690.5% | -34499.0% |
| KO | -293.4% | -293.4% | -292.3% | -262.3% | -199338.9% |
| MCD | -285.6% | -285.6% | -284.1% | -256.1% | -236672.3% |
| MMM | -200.3% | -200.3% | -199.5% | -160.3% | -31234.5% |
| MRK | -412.7% | -412.7% | -411.4% | -320.9% | -233449.8% |
| MSFT | -1077.0% | -1077.0% | -1074.9% | -1042.2% | -859382.9% |
| NKE | -74.3% | -74.3% | -73.0% | -50.0% | -32057.5% |
| NVDA | -27586.0% | -27586.0% | -27571.7% | -25983.7% | -586839.5% |
| PG | -246.9% | -246.9% | -245.4% | -228.7% | -59789.8% |
| SHW | -449.0% | -449.0% | -447.6% | -404.5% | -231850.2% |
| TRV | -422.1% | -422.1% | -420.4% | -395.0% | -11104.9% |
| UNH | -401.4% | -401.4% | -399.3% | -352.6% | -352115.2% |
| V | -543.9% | -543.9% | -542.5% | -521.5% | -2987.0% |
| WMT | -607.6% | -607.6% | -604.8% | -564.0% | -915412.3% |
| ABNB | n/a | n/a | n/a | n/a | n/a |
| ADBE | -317.0% | -317.0% | -316.0% | -286.1% | -147514.3% |
| ADI | -814.6% | -814.6% | -811.7% | -789.5% | -81611.1% |
| ADP | -441.3% | -441.3% | -439.7% | -416.8% | -74252.3% |
| ADSK | -432.2% | -432.2% | -429.4% | -378.8% | -58071.8% |
| AEP | -305.4% | -305.4% | -303.1% | -245.7% | -13815.9% |
| ALAB | n/a | n/a | n/a | n/a | n/a |
| ALNY | -254.9% | -254.9% | -251.0% | -203.8% | -3230.3% |
| AMAT | -2817.9% | -2817.9% | -2815.1% | -2687.7% | -664814.7% |
| AMD | -16807.9% | -16807.9% | -16792.5% | -16370.2% | -14921.7% |
| APP | n/a | n/a | n/a | n/a | n/a |
| ARM | n/a | n/a | n/a | n/a | n/a |
| ASML | -2158.7% | -2158.7% | -2156.4% | -2029.5% | -96324.0% |
| AVGO | -3403.2% | -3403.2% | -3393.3% | -3197.5% | -32353.6% |
| AXON | -3569.4% | -3569.4% | -3557.4% | -3332.6% | -121655.3% |
| BKNG | -421.6% | -421.6% | -420.1% | -385.8% | -969.1% |
| BKR | n/a | n/a | n/a | n/a | -1031.7% |
| CCEP | -415.8% | -415.8% | -414.1% | -391.6% | -7090.8% |
| CDNS | -1658.0% | -1658.0% | -1654.4% | -1597.8% | -16916.4% |
| CEG | n/a | n/a | n/a | n/a | n/a |
| CMCSA | -135.8% | -135.8% | -135.2% | -126.6% | -47111.6% |
| COST | -707.4% | -707.4% | -704.9% | -612.4% | -12851.8% |
| CPRT | -700.6% | -700.6% | -695.6% | -627.5% | -21355.0% |
| CRWD | n/a | n/a | n/a | n/a | n/a |
| CSX | -696.6% | -696.6% | -694.9% | -668.5% | -40520.6% |
| CTAS | -1031.2% | -1031.2% | -1029.2% | -925.3% | -123294.8% |
| DASH | n/a | n/a | n/a | n/a | n/a |
| DDOG | n/a | n/a | n/a | n/a | n/a |
| DXCM | -462.8% | -462.8% | -457.5% | -435.1% | -2909.4% |
| EA | — | — | — | — | n/a |
| EXC | -318.9% | -318.9% | -317.8% | -291.6% | -17771.8% |
| FANG | -393.3% | -393.3% | -388.8% | -321.4% | -1355.5% |
| FAST | -656.9% | -656.9% | -654.8% | -591.7% | -260966.7% |
| FER | n/a | n/a | n/a | n/a | -481.5% |
| FTNT | -2745.6% | -2745.6% | -2744.6% | -2570.8% | -10167.4% |
| GEHC | n/a | n/a | n/a | n/a | n/a |
| GILD | -214.0% | -214.0% | -213.7% | -188.7% | -33496.6% |
| HONA | n/a | n/a | n/a | n/a | n/a |
| IDXX | -780.4% | -780.4% | -778.2% | -733.8% | -58690.8% |
| INTC | -333.1% | -333.1% | -331.1% | -268.5% | -49273.0% |
| INTU | -414.2% | -414.2% | -411.5% | -385.7% | -15512.2% |
| ISRG | -612.6% | -612.6% | -610.4% | -574.7% | -16885.6% |
| KHC | -56.8% | -56.8% | -56.0% | -42.8% | -24.4% |
| KLAC | -3063.6% | -3063.6% | -3061.6% | -2995.7% | -289424.0% |
| LIN | n/a | n/a | n/a | n/a | -10871.5% |
| LITE | -4008.1% | -4008.1% | -4004.5% | -3894.9% | -5064.5% |
| LRCX | -4481.4% | -4481.4% | -4478.1% | -4316.1% | -159865.1% |
| MAR | -594.3% | -594.3% | -591.8% | -503.1% | -2629.2% |
| MCHP | -391.6% | -391.6% | -390.6% | -355.4% | -42059.7% |
| MDLZ | -182.0% | -182.0% | -181.2% | -160.9% | -531.3% |
| MELI | -1800.1% | -1800.1% | -1798.1% | -1727.0% | -6876.1% |
| META | -570.4% | -570.4% | -568.7% | -550.9% | -1421.1% |
| MNST | -194.8% | -194.8% | -193.9% | -171.8% | -60940.7% |
| MPWR | -2250.5% | -2250.5% | -2248.5% | -2214.4% | -15065.8% |
| MRVL | -2679.8% | -2679.8% | -2673.2% | -2546.8% | -1736.2% |
| MSTR | -743.9% | -743.9% | -721.8% | -484.6% | +4670.5% |
| MU | -6675.8% | -6675.8% | -6652.7% | -6280.3% | -70535.5% |
| NFLX | -743.2% | -743.2% | -742.4% | -670.7% | -67104.3% |
| NXPI | -300.5% | -300.5% | -299.7% | -278.9% | -1782.9% |
| ODFL | -1063.8% | -1063.8% | -1060.9% | -985.6% | -36543.8% |
| ORLY | -539.4% | -539.4% | -537.4% | -496.4% | -54728.0% |
| PANW | -1299.9% | -1299.9% | -1297.5% | -1137.6% | -3738.7% |
| PCAR | -580.1% | -580.1% | -579.3% | -548.5% | -56616.4% |
| PDD | n/a | n/a | n/a | n/a | n/a |
| PEP | -196.8% | -196.8% | -195.6% | -177.4% | -37857.6% |
| PLTR | n/a | n/a | n/a | n/a | n/a |
| PYPL | -155.8% | -155.8% | -154.1% | -138.5% | -127.8% |
| QCOM | -438.6% | -438.6% | -437.2% | -403.8% | -50509.0% |
| REGN | -155.2% | -155.2% | -154.7% | -112.3% | -3507.8% |
| ROP | -244.2% | -244.2% | -243.3% | -216.6% | -25994.9% |
| ROST | -465.7% | -465.7% | -464.3% | -433.5% | -55712.7% |
| SBUX | -232.0% | -232.0% | -231.1% | -200.8% | -43114.0% |
| SHOP | -5944.8% | -5944.8% | -5921.1% | -4907.3% | -8437.8% |
| SNDK | n/a | n/a | n/a | n/a | n/a |
| SNPS | -985.3% | -985.3% | -981.2% | -945.0% | -5580.6% |
| STX | -3652.5% | -3652.5% | -3643.1% | -3542.0% | -13795.2% |
| TER | -1857.0% | -1857.0% | -1853.6% | -1814.7% | -31331.5% |
| TMUS | -489.7% | -489.7% | -488.5% | -457.8% | -401.1% |
| TRI | -362.7% | -362.7% | -360.7% | -333.6% | -638.6% |
| TSLA | -2341.6% | -2341.6% | -2107.3% | -1858.8% | -22722.8% |
| TTWO | -688.9% | -688.9% | -688.0% | -655.7% | -5459.6% |
| TXN | -637.7% | -637.7% | -636.9% | -613.5% | -38130.5% |
| VRTX | -440.8% | -440.8% | -439.7% | -409.8% | -11756.8% |
| WBD | n/a | n/a | n/a | n/a | -288.0% |
| WDAY | -263.3% | -263.3% | -262.2% | -208.9% | -331.3% |
| WDC | -1171.5% | -1171.5% | -1164.7% | -1023.7% | -65710.4% |
| XEL | -295.9% | -295.9% | -294.8% | -266.8% | -7319.2% |
| KDP | -278.1% | -278.1% | -276.7% | -245.8% | -1143.3% |
| USD/MXN | -135.0% | -135.0% | -151.4% | -121.1% | -70.1% |
| Bitcoin | -18084.8% | -18084.8% | -18084.8% | -18083.0% | -9598.7% |
| Ether | — | — | — | — | n/a |
0 / 472 · against the s&p 500 over the same window: 2 / 472
| Parameters | Return | Sharpe | Max DD | Vs. index |
|---|---|---|---|---|
| trend_bars 4 | -74.8% | -0.63 | -83.8% | -3155.8% |
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: 0.00 (< 0.95)
Robustness suite: MODERATE
By halves: First half did not beat (-71.1% vs +237.3%); Second half did not beat (-12.7% 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 0.0 < 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 2aad8ceec7e6 · Finaxion engine
Each market's page, ordered by annual excess over the S&P 500. The first 8 are shown; the rest are in the sitemap. See all 8 markets
Finaxion Research (2026). Heikin Ashi: follow the coloured candles: works in few markets. Daily backtest 1962-01-01–2026-08-31, artifact 2aad8ceec7e6. https://finaxion.app/en/research/heikin-ashi