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.

5,444
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% two years after opening, and the median bearish one +0.7%.

5,444 signals opened in the last 24 months · Large Cap · any distance from what funds paid

Top-10 holder growth: top 10% of sector

Bullish

391 signals

Median return if held

+23.9%
6 months
+20.9%
1 year
–
2 years

Most funds doubling stake vs. market cap peers

Bullish

1,255 signals

Median return if held

+12%
6 months
+27.4%
1 year
–
2 years

Call option value: 3× sector average

Bullish

1,693 signals

Median return if held

+6.6%
6 months
+19.1%
1 year
–
2 years

Top-performing funds doubled stake

Bullish

513 signals

Median return if held

+4%
6 months
+10.4%
1 year
–
2 years

New positions: 3× sector average

Bullish

894 signals

Median return if held

+5.9%
6 months
+9.2%
1 year
–
2 years

New positions: top 10% of sector

Bullish

2,796 signals

Median return if held

+6.4%
6 months
+13%
1 year
–
2 years

Top-10 holders: 3× sector average

Bullish

1,227 signals

Median return if held

+5.7%
6 months
+13.4%
1 year
–
2 years

Net inflow: top 10% of sector

Bullish

2,678 signals

Median return if held

+4.8%
6 months
+10.4%
1 year
–
2 years

Increased positions: 3× sector average

Bullish

1,508 signals

Median return if held

+4%
6 months
+7.8%
1 year
–
2 years

Gross inflow: 3× sector average

Bullish

2,255 signals

Median return if held

+3.8%
6 months
+9.5%
1 year
–
2 years

Holding value drop: worst 5%

Bearish

241 signals

Median return if held

-2.1%
6 months
-38.2%
1 year
–
2 years

Holding value drop: worst 10%

Bearish

715 signals

Median return if held

-9.3%
6 months
-38.6%
1 year
–
2 years

Net inflow top 10%, few exits

Bullish

59 signals

Median return if held

-11.5%
6 months
+22.7%
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.