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Finaxion Research · Ichimoku: buy above the cloud · single stocks · Recomputed 2026-09-10

Does Ichimoku: buy above the cloud work on CHTR?

Ichimoku: buy above the cloud does not beat buy-and-hold on CHTR: -4.8 points a year over 17 years.

Total return
107.1%
Buy and hold
335.5%
CAGR
4.5%
Sharpe
0.12
Max drawdown
-57.4%
Trades
193
Out of sample
—
Years
17
1×10×20112013201520172019202120232025
StrategyCHTR

Findings

  1. Ichimoku: buy above the cloud does not beat buy-and-hold on CHTR: -4.8 points a year over 17 years.
  2. Against the S&P 500 over the same window: -9.7 points a year.
  3. Total return +107.1% versus +335.5% for buy-and-hold, with 193 trades.
  4. Maximum drawdown -57.4%.
  5. It did not beat before 2018 and started afterwards.
  6. It ranks #170 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 3da70cf34031.

Exactly what was tested

Long while the close is above both cloud spans (Senkou A and B; 9/26/52); exit when the close drops below either.

How to read it

The verdict compares the strategy with buying and holding CHTR 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 CHTR → · Full page for Ichimoku: buy above the cloud →

How to cite

Finaxion Research (2026). Does Ichimoku: buy above the cloud work on CHTR?. Daily backtest 1962-01-01–2026-08-31, artifact 3da70cf34031. https://finaxion.app/en/research/ichimoku-cloud/chtr

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