Signal backtest

90% of signals have moved 5% in their direction

Every signal is scored against what followed: whether the price moved 5%, 10%, 15% or 20% in the signal’s direction within two years of opening, how long that took, and the return if simply held.

495
signals scored
85.1%
reached +5%
13
signal patterns

What the data shows

01

Company size

81% of mega-cap signals reached +20%, against 70% overall. Only 5% of signals are mega caps.

02

Distance below what funds paid

Bullish signals that opened 35–50% below what funds paid reached +20% 78% of the time, against 67% for those 5–15% below.

03

Reaching a level vs. holding on

90% of signals reached +5% at some point, but the median bullish signal was +9.1% two years after opening, and the median bearish one +0.8%.

495 signals opened in the last 24 months · Large Cap · 35–50% from what funds paid

Threshold met Not met, but profitable Open Loss

Top-performing funds doubled stake

Bullish

77 signals

91%
5%
7d median
87%
10%
15d median
81%
15%
25d median
75%
20%
38d median

Most funds doubling stake vs. market cap peers

Bullish

128 signals

91%
5%
6d median
84%
10%
11d median
78%
15%
19d median
74%
20%
29d median

Increased positions: 3× sector average

Bullish

79 signals

89%
5%
10d median
77%
10%
17d median
72%
15%
28d median
66%
20%
40d median

New positions: 3× sector average

Bullish

74 signals

86%
5%
7d median
76%
10%
11d median
72%
15%
16d median
59%
20%
21d median

Top-10 holder growth: top 10% of sector

Bullish

37 signals

86%
5%
5d median
86%
10%
9d median
86%
15%
17d median
86%
20%
28d median

New positions: top 10% of sector

Bullish

191 signals

86%
5%
7d median
79%
10%
15d median
72%
15%
21d median
66%
20%
37d median

Holding value drop: worst 5%

Bearish

46 signals

85%
5%
14d median
76%
10%
23d median
74%
15%
34d median
59%
20%
66d median

Call option value: 3× sector average

Bullish

150 signals

85%
5%
7d median
78%
10%
16d median
74%
15%
21d median
69%
20%
35d median

Net inflow: top 10% of sector

Bullish

199 signals

83%
5%
7d median
77%
10%
15d median
72%
15%
22d median
68%
20%
34d median

Gross inflow: 3× sector average

Bullish

176 signals

82%
5%
8d median
73%
10%
17d median
66%
15%
26d median
60%
20%
40d median

Holding value drop: worst 10%

Bearish

125 signals

81%
5%
14d median
72%
10%
23d median
62%
15%
37d median
49%
20%
83d median

Net inflow top 10%, few exits

Bullish

20 signals

80%
5%
7d median
75%
10%
15d median
60%
15%
16d median
55%
20%
25d median

Top-10 holders: 3× sector average

Bullish

56 signals

79%
5%
7d median
70%
10%
20d median
63%
15%
22d median
55%
20%
31d median

That’s the record behind every signal.

See the latest signals

A threshold counts as met when the price moved that far in the signal’s direction within two years of opening. Signals opened less than two years ago that haven’t met a threshold yet are open. Profitable or loss is the return two years after opening, for signals that didn’t meet a threshold. Returns if held use each signal’s opening price. Past results do not guarantee future returns.