Great article. It would be helpful to know how much return you gain by doing this exercise over what you would have gained if you just held the equity throughout the period. Also which days of the week are best to buy and sell?
You can check out the gains on the right hand side of the second heatmap - they are CAGRs expressed as decimals, instead of percentages, but are CAGR measures nevertheless. Roughly 13%-14%.
Holding equity on this, gives you roughly 11% CAGR.
As for which days to buy - Monday seems to be best from the second chart. Buy and sell both being same day was part of the strategy starting point..
Great article. It would be helpful to know how much return you gain by doing this exercise over what you would have gained if you just held the equity throughout the period. Also which days of the week are best to buy and sell?
You can check out the gains on the right hand side of the second heatmap - they are CAGRs expressed as decimals, instead of percentages, but are CAGR measures nevertheless. Roughly 13%-14%.
Holding equity on this, gives you roughly 11% CAGR.
As for which days to buy - Monday seems to be best from the second chart. Buy and sell both being same day was part of the strategy starting point..