FINAXIONResearch
Finaxion Research · Smart Money: the liquidity sweep · single stocks · Recomputed 2026-09-10

Does Smart Money: the liquidity sweep work on BLDR?

Smart Money: the liquidity sweep does not beat buy-and-hold on BLDR: -10.8 points a year over 21 years.

Total return
-47.0%
Buy and hold
393.7%
CAGR
-3.0%
Sharpe
-0.86
Max drawdown
-51.0%
Trades
98
Out of sample
overfit
Years
21
0.1×1×10×20062008201020122014201620182020202220242026
StrategyBLDR

Findings

  1. Smart Money: the liquidity sweep does not beat buy-and-hold on BLDR: -10.8 points a year over 21 years.
  2. Against the S&P 500 over the same window: -14.1 points a year.
  3. Total return -47.0% versus +393.7% for buy-and-hold, with 98 trades.
  4. The result does not hold out of sample: it is overfit.
  5. Maximum drawdown -51.0%.
  6. It beat before 2016 and stopped afterwards.
  7. It ranks #181 of 227 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 2544360d2bb7.

Exactly what was tested

Mechanical approximation: 25-bar low pierced with a close back above it on the same bar → entry; exit after 20 bars.

How to read it

The verdict compares the strategy with buying and holding BLDR 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 BLDR → · Full page for Smart Money: the liquidity sweep →

How to cite

Finaxion Research (2026). Does Smart Money: the liquidity sweep work on BLDR?. Daily backtest 1962-01-01–2026-08-31, artifact 2544360d2bb7. https://finaxion.app/en/research/liquidity-sweep/bldr

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