Orenth
Strategy test · trend

Does ROC momentum work?

Rate of change normalised by volatility. Tested on every popular stock and coin, with real trading costs taken off.

The short answer

After costs, it kept money on 22 of the 48 stocks and coins we test.

It gave a signal 15,933 times and worked 4,278 of them (27%). On average each trade lost -0.01R.

InstrumentKept a tradeHit rate WorkedSignals
HOOD Robinhood +0.12R 33% 106 317
NFLX Netflix +0.10R 31% 99 319
AMD AMD +0.10R 32% 100 314
MSTR Strategy (MicroStrategy) +0.10R 33% 100 307
BAC Bank of America +0.10R 32% 103 317
NVDA NVIDIA +0.08R 35% 107 307
AVAX Avalanche +0.07R 27% 128 479
AAPL Apple +0.06R 32% 101 317
COST Costco +0.06R 29% 88 300
GOOGL Alphabet (Google) +0.05R 30% 93 311
MSFT Microsoft +0.04R 27% 83 309
JPM JPMorgan Chase +0.04R 29% 92 312
CRWD CrowdStrike +0.04R 31% 95 311
VOO Vanguard S&P 500 ETF +0.03R 30% 93 308
F Ford +0.03R 26% 80 305
DOGE Dogecoin +0.03R 27% 125 466
META Meta +0.03R 30% 93 311
TSLA Tesla +0.03R 32% 101 314
SPY S&P 500 ETF +0.02R 29% 90 307
KO Coca-Cola +0.01R 25% 76 304
ARM Arm Holdings +0.01R 30% 50 168
SOL Solana 0.00R 25% 121 485
QQQ Nasdaq 100 ETF 0.00R 29% 89 308
AMC AMC Entertainment -0.01R 23% 68 291
SOFI SoFi -0.01R 27% 83 307
GME GameStop -0.01R 24% 75 315
SNOW Snowflake -0.01R 26% 79 300
NKE Nike -0.01R 25% 76 301
BA Boeing -0.01R 29% 90 309
INTC Intel -0.02R 30% 88 296
ADA Cardano -0.03R 23% 109 470
DIS Disney -0.04R 25% 79 312
LINK Chainlink -0.04R 26% 126 485
WMT Walmart -0.05R 24% 73 302
PLTR Palantir -0.06R 25% 76 305
RIVN Rivian -0.06R 23% 70 304
AVGO Broadcom -0.06R 28% 84 305
COIN Coinbase -0.07R 23% 70 301
ETH Ethereum -0.08R 22% 105 472
SMCI Super Micro Computer -0.09R 28% 86 312
BTC Bitcoin -0.09R 21% 99 467
PYPL PayPal -0.09R 21% 64 298
XRP XRP -0.09R 24% 113 478
UBER Uber -0.10R 22% 66 297
SHOP Shopify -0.11R 23% 72 307
LTC Litecoin -0.11R 25% 114 465
AMZN Amazon -0.11R 22% 68 315
RDDT Reddit -0.13R 26% 32 123
How we tested

Re-run every day. Past results do not promise future ones. This is software output, not financial advice.

Other trend strategies

all of them →

See what works on the stock you are looking at.

Orenth runs all 34 strategies on any stock or coin, and says so when none of them has an edge.

Analysing
Fetching data, running 34 strategies, and back-testing each one against this instrument's own history.