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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 KHC?

Ichimoku: buy above the cloud beats buy-and-hold on KHC by +0.9 points a year over 11 years.

Total return
-36.0%
Buy and hold
-42.2%
CAGR
-3.9%
Sharpe
-0.45
Max drawdown
-42.8%
Trades
131
Out of sample
—
Years
11
0.9×1×20162017201820192020202120222023202420252026
StrategyKHC

Findings

  1. Ichimoku: buy above the cloud beats buy-and-hold on KHC by +0.9 points a year over 11 years.
  2. Against the S&P 500 over the same window: -18.3 points a year.
  3. Total return -36.0% versus -42.2% for buy-and-hold, with 131 trades.
  4. Maximum drawdown -42.8%.
  5. It beat before 2021 and stopped afterwards.
  6. It ranks #234 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 KHC 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 KHC → · Full page for Ichimoku: buy above the cloud →

How to cite

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

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