TI Relative Strength Index
An index by Trade-Ideas that captures swing trades determined by their quantitative model.
Fund
249.19%
vs
Benchmark
80.52%
*Vertical reference line denotes the end of simulated backtest data and the start of live performance data.
** Performance data is calculated using the average returns of all accounts with more than $100 invested in this strategy.
Fund Holdings
Fund details
Stats
3.60/5
Risk score
Max draw down (of range)
Daily Sharpe (of range)
Daily Volatility (of range)
Monthly Volatility (of range)
59.00%
Correlation to S&P (total)
Description
The strategy focuses on relative strength, starting with the top indicators and chart setups that the Trade Ideas team's algorithms commonly use. It rebalances weekly into 5 stocks, equally weighted.
Key Considerations
This fund is created by our partner, Trade Ideas, using proprietary server technology that evaluates individual equities
The strategy initially assigns values/weights to each indicators. After the evaluation step, it sorts the chosen equities descending by weight
Because this strategy rebalances every week, it has a very high turnover rate, which may be tax inefficient
Because this strategy invests at most into 5 stocks, it is not as diversified as a total market index, and makes concentrated bets