Signal backtest

90.1% 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.

2,876
signals scored
78.4%
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% two years after opening, and the median bearish one +0.7%.

2,876 signals opened in the last 12 months · Large Cap · any distance from what funds paid

Top-10 holder growth: top 10% of sector

Bullish

158 signals

Median return if held

+11.9%
6 months
–
1 year
–
2 years

Top-performing funds doubled stake

Bullish

300 signals

Median return if held

-2.6%
6 months
–
1 year
–
2 years

Holding value drop: worst 5%

Bearish

126 signals

Median return if held

-0.6%
6 months
–
1 year
–
2 years

Most funds doubling stake vs. market cap peers

Bullish

682 signals

Median return if held

+6.6%
6 months
–
1 year
–
2 years

Holding value drop: worst 10%

Bearish

416 signals

Median return if held

-3.7%
6 months
–
1 year
–
2 years

Call option value: 3× sector average

Bullish

842 signals

Median return if held

+2.8%
6 months
–
1 year
–
2 years

New positions: 3× sector average

Bullish

423 signals

Median return if held

+0.3%
6 months
–
1 year
–
2 years

Net inflow: top 10% of sector

Bullish

1,434 signals

Median return if held

+2.5%
6 months
–
1 year
–
2 years

New positions: top 10% of sector

Bullish

1,436 signals

Median return if held

+4.1%
6 months
–
1 year
–
2 years

Increased positions: 3× sector average

Bullish

758 signals

Median return if held

+3.5%
6 months
–
1 year
–
2 years

Top-10 holders: 3× sector average

Bullish

633 signals

Median return if held

-0.5%
6 months
–
1 year
–
2 years

Gross inflow: 3× sector average

Bullish

1,192 signals

Median return if held

+0.2%
6 months
–
1 year
–
2 years

Net inflow top 10%, few exits

Bullish

39 signals

Median return if held

-25.5%
6 months
–
1 year
–
2 years

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.