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.

147
signals scored
72.1%
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%.

147 signals opened in the last 12 months · Micro Cap · any distance from what funds paid

Threshold met Not met, but profitable Open Loss

Holding value drop: worst 10%

Bearish

44 signals

100%
5%
15d median
98%
10%
31d median
98%
15%
39d median
93%
20%
44d median

Holding value drop: worst 5%

Bearish

30 signals

100%
5%
15d median
97%
10%
41d median
97%
15%
44d median
90%
20%
44d median

Top-performing funds doubled stake

Bullish

3 signals

100%
5%
5d median
100%
10%
10d median
100%
15%
11d median
100%
20%
19d median

Most funds doubling stake vs. market cap peers

Bullish

101 signals

59%
5%
8d median
48%
10%
17d median
36%
15%
19d median
33%
20%
30d 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.