03-01-2021, 07:11 AM
Well momentum is proven to be one of the only consistent edges in the market, so that part is fine.
This part is a little less appealing-12.3% CAGR vs SPY 7.9% Max drawdown during Great Recession was 13.94%
Drawdown quite a bit more than CAGR, not horrible but in principle me no like.
How often it beats SPY is of no concern, total performance is, i.e. would one have been able to capture all of the SPY gains with its huge drawdown.
It looks like a solid strategy, when you can please share the signal criteria and can you do it on your own or are you beholden to their signal?
Good luck with it.
This part is a little less appealing-12.3% CAGR vs SPY 7.9% Max drawdown during Great Recession was 13.94%
Drawdown quite a bit more than CAGR, not horrible but in principle me no like.
How often it beats SPY is of no concern, total performance is, i.e. would one have been able to capture all of the SPY gains with its huge drawdown.
It looks like a solid strategy, when you can please share the signal criteria and can you do it on your own or are you beholden to their signal?
Good luck with it.